First Community · Washington · 2025

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

First Community took 21 mortgage applications in Washington in 2025, ranking #382 of 822 lenders active in the state. It originated 61.9% of them and denied 14.3% (17.7% of the applications it decided), against a statewide denial rate of 15.7%.

21Applicationsin WA
17.7%Decision denial ratestate 19.5%
5.50%Median ratestate 6.63%
$315,000Median loanstate $335,000
$4.2MVolume7 counties

First Community in Washington vs the state

14.3%Denial rate-1.36 pts vs state
17.7%Decision denial rate-1.89 pts vs state
61.9%Origination rate+0.84 pts vs state
5.50%Median rate-1.13 pts vs state
-0.62Rate spread (pts)-0.81 pts vs state
$153kMedian applicant income
13Loans originated
3Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023171017.7%6.06%#392
202424148.3%5.50%#354
2025211314.3%5.50%#382

What First Community lends in Washington

By loan purpose

Home purchase 9 43% · 0.0% denied
Refinance 3 14% · 0.0% denied
Cash-out refinance 3 14% · 33.3% denied
Home improvement 2 10% · 0.0% denied
Other / HELOC 4 19% · 50.0% denied

By loan type

Conventional 21 100% · 14.3% denied

Why it denied Washington applicants

Incomplete application 2 67%
Debt-to-income ratio 1 33%

Where in Washington

Counties with the most First Community applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 1080 0.0%
Cowlitz County 301 33.3%
Walla Walla County 220 0.0%
Benton County 211 50.0%
Klickitat County 211 50.0%
King County 110 0.0%
Lewis County 100 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: 21 applications in 2025, of which 13 were originated and 3 denied.

14.3% of all applications, or 17.7% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans First Community originated in Washington in 2025 was 5.50%, against a statewide median of 6.63%.

About this data. Figures are First Community'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