Devon Bank · Washington · 2025

Devon Bank in Washington: approval rate, denial rate and rates (2025)

Devon Bank took 19 mortgage applications in Washington in 2025, ranking #396 of 822 lenders active in the state. It originated 52.6% of them and denied 5.3% (9.1% of the applications it decided), against a statewide denial rate of 15.7%.

19Applicationsin WA
9.1%Decision denial ratestate 19.5%
Median ratestate 6.63%
$555,000Median loanstate $335,000
$5.5MVolume3 counties

Devon Bank in Washington vs the state

5.3%Denial rate-10.39 pts vs state
9.1%Decision denial rate-10.45 pts vs state
52.6%Origination rate-8.43 pts vs state
Median rate
Rate spread (pts)
$180kMedian applicant income
10Loans originated
1Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
202337230.0%6.88%#317
2024291610.3%6.88%#334
202519105.3%#396

What Devon Bank lends in Washington

By loan purpose

Home purchase 15 79% · 0.0% denied
Refinance 4 21% · 25.0% denied

By loan type

Conventional 19 100% · 5.3% denied

Where in Washington

Counties with the most Devon Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 1681 6.3%
Pierce County 220 0.0%
Snohomish County 100 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: 19 applications in 2025, of which 10 were originated and 1 denied.

5.3% of all applications, or 9.1% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Devon Bank'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