Granite Bank · Washington · 2025

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

Granite Bank took 39 mortgage applications in Washington in 2025, ranking #319 of 822 lenders active in the state. It originated 69.2% of them and denied 7.7% (10.0% of the applications it decided), against a statewide denial rate of 15.7%.

39Applicationsin WA
10.0%Decision denial ratestate 19.5%
6.63%Median ratestate 6.63%
$335,000Median loanstate $335,000
$11MVolume11 counties

Granite Bank in Washington vs the state

7.7%Denial rate-7.96 pts vs state
10.0%Decision denial rate-9.54 pts vs state
69.2%Origination rate+8.17 pts vs state
6.63%Median rate0.00 pts vs state
0.32Rate spread (pts)+0.13 pts vs state
$115kMedian applicant income
27Loans originated
3Denied

What Granite Bank lends in Washington

By loan purpose

Home purchase 36 92% · 5.6% denied
Cash-out refinance 3 8% · 33.3% denied

By loan type

Conventional 27 69% · 7.4% denied
FHA 7 18% · 0.0% denied
VA 5 13% · 20.0% denied

Why it denied Washington applicants

Debt-to-income ratio 1 33%
Other 1 33%
Collateral 1 33%

Where in Washington

Counties with the most Granite Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Spokane County 1791 5.9%
Pierce County 440 0.0%
Clallam County 430 0.0%
Snohomish County 330 0.0%
King County 321 33.3%
Thurston County 220 0.0%
Grays Harbor County 220 0.0%
Kittitas County 110 0.0%
Yakima County 110 0.0%
Pend Oreille County 100 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: 39 applications in 2025, of which 27 were originated and 3 denied.

7.7% of all applications, or 10.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

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

About this data. Figures are Granite 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