Equity Prime Mortgage · Washington · 2025

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

Equity Prime Mortgage took 373 mortgage applications in Washington in 2025, ranking #126 of 822 lenders active in the state. It originated 34.1% of them and denied 8.6% (19.9% of the applications it decided), against a statewide denial rate of 15.7%.

373Applicationsin WA
19.9%Decision denial ratestate 19.5%
6.63%Median ratestate 6.63%
$385,000Median loanstate $335,000
$54MVolume33 counties

Equity Prime Mortgage in Washington vs the state

8.6%Denial rate-7.07 pts vs state
19.9%Decision denial rate+0.34 pts vs state
34.1%Origination rate-27.01 pts vs state
6.63%Median rate0.00 pts vs state
0.37Rate spread (pts)+0.18 pts vs state
$101kMedian applicant income
127Loans originated
32Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023127643.9%6.50%#195
20242001026.0%6.50%#169
20253731278.6%6.63%#126

What Equity Prime Mortgage lends in Washington

By loan purpose

Home purchase 74 20% · 8.1% denied
Refinance 52 14% · 3.9% denied
Cash-out refinance 247 66% · 9.7% denied

By loan type

Conventional 31 8% · 12.9% denied
FHA 172 46% · 4.7% denied
VA 163 44% · 11.7% denied
USDA / RHS 7 2% · 14.3% denied

Why it denied Washington applicants

Credit history 13 41%
Debt-to-income ratio 10 31%
Other 4 13%
Insufficient cash 2 6%
Employment history 2 6%
Unverifiable information 1 3%

Where in Washington

Counties with the most Equity Prime Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pierce County 64295 7.8%
King County 45186 13.3%
Snohomish County 41102 4.9%
Spokane County 3082 6.7%
Kitsap County 2234 18.2%
Clark County 2280 0.0%
Thurston County 2171 4.8%
Yakima County 1261 8.3%
Cowlitz County 1251 8.3%
Clallam County 1242 16.7%

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: 373 applications in 2025, of which 127 were originated and 32 denied.

8.6% of all applications, or 19.9% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

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

About this data. Figures are Equity Prime 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