Farmers Bank & Trust · Washington · 2025

Farmers Bank & Trust in Washington: approval rate, denial rate and rates (2025)

Farmers Bank & Trust took 191 mortgage applications in Washington in 2025, ranking #193 of 822 lenders active in the state. It originated 40.8% of them and denied 2.1% (4.6% of the applications it decided), against a statewide denial rate of 15.7%.

191Applicationsin WA
4.6%Decision denial ratestate 19.5%
6.13%Median ratestate 6.63%
$685,000Median loanstate $335,000
$55MVolume17 counties

Farmers Bank & Trust in Washington vs the state

2.1%Denial rate-13.56 pts vs state
4.6%Decision denial rate-14.94 pts vs state
40.8%Origination rate-20.22 pts vs state
6.13%Median rate-0.50 pts vs state
-0.19Rate spread (pts)-0.38 pts vs state
$232kMedian applicant income
78Loans originated
4Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
202361283.3%6.31%#260
2024110465.5%6.38%#219
2025191782.1%6.13%#193

What Farmers Bank & Trust lends in Washington

By loan purpose

Home purchase 85 45% · 1.2% denied
Refinance 92 48% · 2.2% denied
Cash-out refinance 12 6% · 8.3% denied
Other / HELOC 2 1% · 0.0% denied

By loan type

Conventional 183 96% · 2.2% denied
VA 8 4% · 0.0% denied

Why it denied Washington applicants

Debt-to-income ratio 4 100%

Where in Washington

Counties with the most Farmers Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 105411 1.0%
Snohomish County 45190 0.0%
Pierce County 1140 0.0%
Kitsap County 410 0.0%
Clark County 401 25.0%
Whatcom County 421 25.0%
Spokane County 300 0.0%
Thurston County 311 33.3%
Chelan County 220 0.0%
Jefferson County 210 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: 191 applications in 2025, of which 78 were originated and 4 denied.

2.1% of all applications, or 4.6% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Farmers Bank & Trust originated in Washington in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are Farmers Bank & Trust'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