First Federal Bank in Washington vs the state
8.6%Denial rate-7.10 pts vs state
13.8%Decision denial rate-5.71 pts vs state
53.3%Origination rate-7.77 pts vs state
5.99%Median rate-0.63 pts vs state
-0.45Rate spread (pts)-0.64 pts vs state
$204kMedian applicant income
81Loans originated
13Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 47 | 20 | 17.0% | 6.56% | #288 |
| 2024 | 165 | 90 | 6.7% | 6.13% | #182 |
| 2025 | 152 | 81 | 8.6% | 5.99% | #213 |
What First Federal Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most First Federal Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 44 | 22 | 2 | 4.5% |
| Snohomish County | 25 | 11 | 3 | 12.0% |
| Pierce County | 20 | 12 | 4 | 20.0% |
| Spokane County | 11 | 10 | 0 | 0.0% |
| Thurston County | 7 | 4 | 0 | 0.0% |
| Whatcom County | 6 | 2 | 0 | 0.0% |
| Clark County | 6 | 4 | 1 | 16.7% |
| Island County | 5 | 3 | 0 | 0.0% |
| Lewis County | 5 | 3 | 0 | 0.0% |
| Kitsap County | 4 | 1 | 1 | 25.0% |
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: 152 applications in 2025, of which 81 were originated and 13 denied.
8.6% of all applications, or 13.8% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans First Federal Bank originated in Washington in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are First Federal 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