First American Bank · Washington · 2025

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

First American Bank took 6 mortgage applications in Washington in 2025, ranking #511 of 822 lenders active in the state. It originated 50.0% of them and denied 33.3% (40.0% of the applications it decided), against a statewide denial rate of 15.7%.

6Applicationsin WA
40.0%Decision denial ratestate 19.5%
7.25%Median ratestate 6.63%
$240,000Median loanstate $335,000
$1.7MVolume4 counties

First American Bank in Washington vs the state

33.3%Denial rate+17.68 pts vs state
40.0%Decision denial rate+20.46 pts vs state
50.0%Origination rate-11.06 pts vs state
7.25%Median rate+0.63 pts vs state
0.14Rate spread (pts)-0.05 pts vs state
$222kMedian applicant income
3Loans originated
2Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20246266.7%8.25%#499
20256333.3%7.25%#511

What First American Bank lends in Washington

By loan purpose

Home purchase 1 17% · 100.0% denied
Refinance 1 17% · 0.0% denied
Home improvement 3 50% · 33.3% denied
Other / HELOC 1 17% · 0.0% denied

By loan type

Conventional 6 100% · 33.3% denied

Why it denied Washington applicants

Debt-to-income ratio 2 100%

Where in Washington

Counties with the most First American Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 311 33.3%
Cowlitz County 110 0.0%
Snohomish County 101 100.0%
Whatcom County 110 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: 6 applications in 2025, of which 3 were originated and 2 denied.

33.3% of all applications, or 40.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans First American Bank originated in Washington in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are First American 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