Deephaven Mortgage · Washington · 2025

Deephaven Mortgage in Washington: approval rate, denial rate and rates (2025)

Deephaven Mortgage took 233 mortgage applications in Washington in 2025, ranking #176 of 822 lenders active in the state. It originated 57.5% of them and denied 30.5% (34.3% of the applications it decided), against a statewide denial rate of 15.7%.

233Applicationsin WA
34.3%Decision denial ratestate 19.5%
7.63%Median ratestate 6.63%
$345,000Median loanstate $335,000
$57MVolume28 counties

Deephaven Mortgage in Washington vs the state

30.5%Denial rate+14.82 pts vs state
34.3%Decision denial rate+14.76 pts vs state
57.5%Origination rate-3.55 pts vs state
7.63%Median rate+1.00 pts vs state
2.16Rate spread (pts)+1.97 pts vs state
$276kMedian applicant income
134Loans originated
71Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023904828.9%8.25%#220
20241989938.9%7.50%#170
202523313430.5%7.63%#176

What Deephaven Mortgage lends in Washington

By loan purpose

Home purchase 69 30% · 31.9% denied
Refinance 23 10% · 26.1% denied
Cash-out refinance 61 26% · 37.7% denied
Home improvement 41 18% · 24.4% denied
Other / HELOC 39 17% · 25.6% denied

By loan type

Conventional 233 100% · 30.5% denied

Why it denied Washington applicants

Unverifiable information 33 46%
Collateral 20 28%
Debt-to-income ratio 15 21%
Incomplete application 2 3%
Insufficient cash 1 1%

Where in Washington

Counties with the most Deephaven Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 724322 30.6%
Pierce County 34196 17.6%
Snohomish County 31209 29.0%
Clark County 1467 50.0%
Spokane County 843 37.5%
Walla Walla County 743 42.9%
Kitsap County 752 28.6%
Thurston County 732 28.6%
Whatcom County 532 40.0%
Grays Harbor County 530 0.0%

Other large lenders in Washington

LenderGradeApplicationsDenial rateMedian rate
Boeing Employees Credit UnionB 21,59923.8%6.13%
Rocket MortgageC 14,30115.9%6.63%
United Shore Financial ServicesB 13,77010.0%6.13%
Guild MortgageA 8,0563.4%6.63%
CMG MortgageA 7,8173.1%6.63%
Movement MortgageA 7,4723.6%6.63%
Bank of AmericaF 6,98627.0%5.99%
Crosscountry MortgageB 6,9033.1%6.63%
U.S. BankD 6,56827.6%6.63%
NewrezD 5,84912.9%6.63%

Frequently asked questions

Washington: 233 applications in 2025, of which 134 were originated and 71 denied.

30.5% of all applications, or 34.3% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Deephaven Mortgage originated in Washington in 2025 was 7.63%, against a statewide median of 6.63%.

About this data. Figures are Deephaven Mortgage's own HMDA filing for properties located in Washington, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology