GTE Federal Credit Union · Washington · 2025

GTE Federal Credit Union in Washington: approval rate, denial rate and rates (2025)

GTE Federal Credit Union took 121 mortgage applications in Washington in 2025, ranking #225 of 822 lenders active in the state. It originated 73.6% of them and denied 14.1% (15.6% of the applications it decided), against a statewide denial rate of 15.7%.

121Applicationsin WA
15.6%Decision denial ratestate 19.5%
8.25%Median ratestate 6.63%
$135,000Median loanstate $335,000
$15MVolume25 counties

GTE Federal Credit Union in Washington vs the state

14.1%Denial rate-1.60 pts vs state
15.6%Decision denial rate-3.94 pts vs state
73.6%Origination rate+12.49 pts vs state
8.25%Median rate+1.63 pts vs state
1.16Rate spread (pts)+0.97 pts vs state
$175kMedian applicant income
89Loans originated
17Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023372727.0%11.50%#315
20241299321.7%10.50%#204
20251218914.1%8.25%#225

What GTE Federal Credit Union lends in Washington

By loan purpose

Home purchase 23 19% · 13.0% denied
Refinance 11 9% · 18.2% denied
Home improvement 14 12% · 42.9% denied
Other / HELOC 73 60% · 8.2% denied

By loan type

Conventional 121 100% · 14.1% denied

Why it denied Washington applicants

Debt-to-income ratio 12 71%
Collateral 4 24%
Other 1 6%

Where in Washington

Counties with the most GTE Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 26195 19.2%
Clark County 20153 15.0%
Snohomish County 17142 11.8%
Pierce County 13110 0.0%
Spokane County 850 0.0%
Kitsap County 431 25.0%
Chelan County 422 50.0%
Kittitas County 330 0.0%
Thurston County 311 33.3%
Island County 210 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: 121 applications in 2025, of which 89 were originated and 17 denied.

14.1% of all applications, or 15.6% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans GTE Federal Credit Union originated in Washington in 2025 was 8.25%, against a statewide median of 6.63%.

About this data. Figures are GTE Federal Credit Union'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