Figure Lending in Washington vs the state
25.9%Denial rate+10.24 pts vs state
27.8%Decision denial rate+8.25 pts vs state
46.9%Origination rate-14.19 pts vs state
10.13%Median rate+3.50 pts vs state
3.69Rate spread (pts)+3.50 pts vs state
$131kMedian applicant income
793Loans originated
438Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,749 | 789 | 31.7% | 11.25% | #35 |
| 2024 | 2,343 | 1,097 | 27.9% | 11.30% | #29 |
| 2025 | 1,692 | 793 | 25.9% | 10.13% | #39 |
What Figure Lending lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Figure Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 410 | 182 | 102 | 24.9% |
| Pierce County | 248 | 117 | 54 | 21.8% |
| Snohomish County | 192 | 94 | 45 | 23.4% |
| Spokane County | 114 | 59 | 29 | 25.4% |
| Clark County | 96 | 42 | 27 | 28.1% |
| Thurston County | 74 | 35 | 25 | 33.8% |
| Kitsap County | 61 | 30 | 18 | 29.5% |
| Benton County | 61 | 28 | 12 | 19.7% |
| Skagit County | 45 | 24 | 11 | 24.4% |
| Yakima County | 44 | 28 | 8 | 18.2% |
Other large lenders in Washington
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Boeing Employees Credit Union | B | 21,599 | 23.8% | 6.13% |
| Rocket Mortgage | C | 14,301 | 15.9% | 6.63% |
| United Shore Financial Services | B | 13,770 | 10.0% | 6.13% |
| Guild Mortgage | A | 8,056 | 3.4% | 6.63% |
| CMG Mortgage | A | 7,817 | 3.1% | 6.63% |
| Movement Mortgage | A | 7,472 | 3.6% | 6.63% |
| Bank of America | F | 6,986 | 27.0% | 5.99% |
| Crosscountry Mortgage | B | 6,903 | 3.1% | 6.63% |
| U.S. Bank | D | 6,568 | 27.6% | 6.63% |
| Newrez | D | 5,849 | 12.9% | 6.63% |
Frequently asked questions
Washington: 1,692 applications in 2025, of which 793 were originated and 438 denied.
25.9% of all applications, or 27.8% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Figure Lending originated in Washington in 2025 was 10.13%, against a statewide median of 6.63%.
About this data. Figures are Figure Lending'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