First National Bank of America · Washington · 2025

First National Bank of America in Washington: approval rate, denial rate and rates (2025)

First National Bank of America took 122 mortgage applications in Washington in 2025, ranking #224 of 822 lenders active in the state. It originated 73.0% of them and denied 8.2% (10.1% of the applications it decided), against a statewide denial rate of 15.7%.

122Applicationsin WA
10.1%Decision denial ratestate 19.5%
8.88%Median ratestate 6.63%
$350,000Median loanstate $335,000
$32MVolume23 counties

First National Bank of America in Washington vs the state

8.2%Denial rate-7.45 pts vs state
10.1%Decision denial rate-9.44 pts vs state
73.0%Origination rate+11.89 pts vs state
8.88%Median rate+2.25 pts vs state
2.49Rate spread (pts)+2.30 pts vs state
$120kMedian applicant income
89Loans originated
10Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321312817.4%9.88%#151
202416010011.3%9.24%#185
2025122898.2%8.88%#224

What First National Bank of America lends in Washington

By loan purpose

Home purchase 83 68% · 7.2% denied
Refinance 11 9% · 0.0% denied
Cash-out refinance 14 11% · 14.3% denied
Home improvement 9 7% · 22.2% denied
Other / HELOC 5 4% · 0.0% denied

By loan type

Conventional 122 100% · 8.2% denied

Why it denied Washington applicants

Collateral 5 50%
Credit history 3 30%
Debt-to-income ratio 2 20%

Where in Washington

Counties with the most First National Bank of America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 30250 0.0%
Pierce County 30224 13.3%
Snohomish County 13111 7.7%
Clark County 641 16.7%
Yakima County 621 16.7%
Mason County 641 16.7%
Thurston County 440 0.0%
Pacific County 311 33.3%
Skagit County 320 0.0%
Grant County 310 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: 122 applications in 2025, of which 89 were originated and 10 denied.

8.2% 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 First National Bank of America originated in Washington in 2025 was 8.88%, against a statewide median of 6.63%.

About this data. Figures are First National Bank of America'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