Gesa in Washington vs the state
18.2%Denial rate+2.56 pts vs state
21.3%Decision denial rate+1.80 pts vs state
66.7%Origination rate+5.65 pts vs state
7.50%Median rate+0.88 pts vs state
0.45Rate spread (pts)+0.26 pts vs state
$113kMedian applicant income
2,070Loans originated
565Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,422 | 1,487 | 23.9% | 8.88% | #24 |
| 2024 | 2,927 | 1,936 | 19.9% | 8.50% | #23 |
| 2025 | 3,103 | 2,070 | 18.2% | 7.50% | #25 |
What Gesa lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Gesa applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Benton County | 777 | 565 | 90 | 11.6% |
| Franklin County | 355 | 240 | 73 | 20.6% |
| Yakima County | 320 | 189 | 83 | 25.9% |
| Spokane County | 296 | 190 | 59 | 19.9% |
| King County | 232 | 156 | 41 | 17.7% |
| Walla Walla County | 182 | 131 | 29 | 15.9% |
| Grant County | 166 | 106 | 36 | 21.7% |
| Pierce County | 119 | 69 | 27 | 22.7% |
| Chelan County | 113 | 73 | 24 | 21.2% |
| Snohomish County | 105 | 65 | 21 | 20.0% |
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: 3,103 applications in 2025, of which 2,070 were originated and 565 denied.
18.2% of all applications, or 21.3% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Gesa originated in Washington in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are Gesa'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