Gateway First Bank in Washington vs the state
11.1%Denial rate-4.54 pts vs state
20.0%Decision denial rate+0.46 pts vs state
44.4%Origination rate-16.62 pts vs state
6.94%Median rate+0.31 pts vs state
0.51Rate spread (pts)+0.33 pts vs state
$162kMedian applicant income
4Loans originated
1Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 43 | 26 | 11.6% | 6.88% | #298 |
| 2024 | 12 | 9 | 0.0% | 7.63% | #435 |
| 2025 | 9 | 4 | 11.1% | 6.94% | #471 |
What Gateway First Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Gateway First Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Snohomish County | 4 | 1 | 1 | 25.0% |
| Walla Walla County | 1 | 0 | 0 | 0.0% |
| Skagit County | 1 | 1 | 0 | 0.0% |
| King County | 1 | 1 | 0 | 0.0% |
| Chelan County | 1 | 0 | 0 | 0.0% |
| Clark County | 1 | 1 | 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: 9 applications in 2025, of which 4 were originated and 1 denied.
11.1% of all applications, or 20.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Gateway First Bank originated in Washington in 2025 was 6.94%, against a statewide median of 6.63%.
About this data. Figures are Gateway First 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