GoodLeap · Washington · 2025

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

GoodLeap took 356 mortgage applications in Washington in 2025, ranking #130 of 822 lenders active in the state. It originated 55.1% of them and denied 16.0% (18.9% of the applications it decided), against a statewide denial rate of 15.7%.

356Applicationsin WA
18.9%Decision denial ratestate 19.5%
6.63%Median ratestate 6.63%
$155,000Median loanstate $335,000
$36MVolume28 counties

GoodLeap in Washington vs the state

16.0%Denial rate+0.36 pts vs state
18.9%Decision denial rate-0.67 pts vs state
55.1%Origination rate-6.00 pts vs state
6.63%Median rate0.00 pts vs state
0.04Rate spread (pts)-0.14 pts vs state
$86kMedian applicant income
196Loans originated
57Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231407516.4%5.88%#186
202428414420.8%5.69%#136
202535619616.0%6.63%#130

What GoodLeap lends in Washington

By loan purpose

Home purchase 3 1% · 0.0% denied
Refinance 23 6% · 30.4% denied
Cash-out refinance 330 93% · 15.2% denied

By loan type

Conventional 236 66% · 12.3% denied
FHA 84 24% · 31.0% denied
VA 36 10% · 5.6% denied

Why it denied Washington applicants

Debt-to-income ratio 32 56%
Incomplete application 9 16%
Other 6 11%
Collateral 5 9%
Credit history 3 5%
Unverifiable information 1 2%
Insufficient cash 1 2%

Where in Washington

Counties with the most GoodLeap applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pierce County 714210 14.1%
Spokane County 482511 22.9%
King County 48256 12.5%
Snohomish County 26144 15.4%
Thurston County 2594 16.0%
Kitsap County 22121 4.5%
Yakima County 21127 33.3%
Clark County 17121 5.9%
Benton County 1673 18.8%
Franklin County 870 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: 356 applications in 2025, of which 196 were originated and 57 denied.

16.0% of all applications, or 18.9% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

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

About this data. Figures are GoodLeap'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