Freedom Mortgage · Washington · 2025

Freedom Mortgage in Washington: approval rate, denial rate and rates (2025)

Freedom Mortgage took 3,654 mortgage applications in Washington in 2025, ranking #15 of 822 lenders active in the state. It originated 41.5% of them and denied 7.2% (12.6% of the applications it decided), against a statewide denial rate of 15.7%.

3.7kApplicationsin WA
12.6%Decision denial ratestate 19.5%
6.00%Median ratestate 6.63%
$425,000Median loanstate $335,000
$691MVolume39 counties

Freedom Mortgage in Washington vs the state

7.2%Denial rate-8.45 pts vs state
12.6%Decision denial rate-6.96 pts vs state
41.5%Origination rate-19.52 pts vs state
6.00%Median rate-0.63 pts vs state
-0.13Rate spread (pts)-0.32 pts vs state
$117kMedian applicant income
1,518Loans originated
263Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
202394741912.1%6.75%#58
20242,5241,1838.0%6.25%#27
20253,6541,5187.2%6.00%#15

What Freedom Mortgage lends in Washington

By loan purpose

Home purchase 208 6% · 10.1% denied
Refinance 2,019 55% · 3.1% denied
Cash-out refinance 1,412 39% · 12.4% denied
Other / HELOC 15 0% · 33.3% denied

By loan type

Conventional 568 16% · 6.3% denied
FHA 1,206 33% · 9.6% denied
VA 1,880 51% · 5.9% denied

Why it denied Washington applicants

Collateral 107 41%
Debt-to-income ratio 53 20%
Credit history 44 17%
Other 29 11%
Unverifiable information 13 5%
Insufficient cash 7 3%
Employment history 5 2%
Incomplete application 5 2%

Where in Washington

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pierce County 68330335 5.1%
King County 41015635 8.5%
Snohomish County 29611919 6.4%
Spokane County 29512829 9.8%
Thurston County 28712025 8.7%
Kitsap County 23211212 5.2%
Clark County 2268518 8.0%
Benton County 1736415 8.7%
Yakima County 104445 4.8%
Whatcom County 84361 1.2%

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: 3,654 applications in 2025, of which 1,518 were originated and 263 denied.

7.2% of all applications, or 12.6% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Freedom Mortgage originated in Washington in 2025 was 6.00%, against a statewide median of 6.63%.

About this data. Figures are Freedom Mortgage'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