First Fed Bank in Washington vs the state
9.9%Denial rate-5.72 pts vs state
13.2%Decision denial rate-6.37 pts vs state
65.1%Origination rate+4.01 pts vs state
—Median rate
—Rate spread (pts)
$120kMedian applicant income
177Loans originated
27Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 606 | 347 | 23.9% | 6.99% | #78 |
| 2024 | 281 | 167 | 20.3% | — | #137 |
| 2025 | 272 | 177 | 9.9% | — | #161 |
What First Fed Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most First Fed Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clallam County | 133 | 87 | 13 | 9.8% |
| Whatcom County | 35 | 22 | 6 | 17.1% |
| Jefferson County | 22 | 14 | 2 | 9.1% |
| Kitsap County | 21 | 13 | 2 | 9.5% |
| King County | 17 | 13 | 1 | 5.9% |
| Pierce County | 9 | 4 | 2 | 22.2% |
| Snohomish County | 6 | 3 | 0 | 0.0% |
| Skagit County | 5 | 4 | 0 | 0.0% |
| Yakima County | 4 | 3 | 1 | 25.0% |
| San Juan County | 4 | 2 | 0 | 0.0% |
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: 272 applications in 2025, of which 177 were originated and 27 denied.
9.9% of all applications, or 13.2% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are First Fed 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