Filo Mortgage · Washington · 2025

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

Filo Mortgage took 156 mortgage applications in Washington in 2025, ranking #209 of 822 lenders active in the state. It originated 47.4% of them and denied 5.8% (10.1% of the applications it decided), against a statewide denial rate of 15.7%.

156Applicationsin WA
10.1%Decision denial ratestate 19.5%
6.25%Median ratestate 6.63%
$515,000Median loanstate $335,000
$38MVolume25 counties

Filo Mortgage in Washington vs the state

5.8%Denial rate-9.88 pts vs state
10.1%Decision denial rate-9.43 pts vs state
47.4%Origination rate-13.62 pts vs state
6.25%Median rate-0.38 pts vs state
-0.01Rate spread (pts)-0.20 pts vs state
$169kMedian applicant income
74Loans originated
9Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023121462.5%6.25%#201
2024153711.3%6.50%#188
2025156745.8%6.25%#209

What Filo Mortgage lends in Washington

By loan purpose

Home purchase 88 56% · 4.6% denied
Refinance 45 29% · 6.7% denied
Cash-out refinance 20 13% · 10.0% denied
Home improvement 3 2% · 0.0% denied

By loan type

Conventional 127 81% · 3.2% denied
FHA 16 10% · 6.3% denied
VA 13 8% · 30.8% denied

Why it denied Washington applicants

Collateral 3 33%
Debt-to-income ratio 2 22%
Incomplete application 1 11%
Unverifiable information 1 11%
Other 1 11%
Credit history 1 11%

Where in Washington

Counties with the most Filo Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 47241 2.1%
Snohomish County 2482 8.3%
Pierce County 2172 9.5%
Spokane County 1691 6.3%
Yakima County 550 0.0%
Thurston County 530 0.0%
Kittitas County 520 0.0%
Clark County 420 0.0%
Island County 311 33.3%
Benton County 320 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: 156 applications in 2025, of which 74 were originated and 9 denied.

5.8% of all applications, or 10.1% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Filo Mortgage originated in Washington in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Filo 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