Guaranteed Rate · District of Columbia · 2025

Guaranteed Rate in District of Columbia: approval rate, denial rate and rates (2025)

Guaranteed Rate took 320 mortgage applications in District of Columbia in 2025, ranking #12 of 473 lenders active in the state. It originated 56.9% of them and denied 4.1% (6.5% of the applications it decided), against a statewide denial rate of 18.1%.

320Applicationsin DC
6.5%Decision denial ratestate 23.7%
6.50%Median ratestate 6.50%
$590,000Median loanstate $405,000
$135MVolume1 counties

Guaranteed Rate in District of Columbia vs the state

4.1%Denial rate-14.00 pts vs state
6.5%Decision denial rate-17.24 pts vs state
56.9%Origination rate+1.37 pts vs state
6.50%Median rate0.00 pts vs state
0.03Rate spread (pts)-0.02 pts vs state
$221kMedian applicant income
182Loans originated
13Denied

Trend in District of Columbia

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023174883.5%6.39%#25
20242251631.8%6.58%#16
20253201824.1%6.50%#12

What Guaranteed Rate lends in District of Columbia

By loan purpose

Home purchase 215 67% · 2.3% denied
Refinance 58 18% · 3.5% denied
Cash-out refinance 31 10% · 0.0% denied
Home improvement 5 2% · 20.0% denied
Other / HELOC 11 3% · 45.5% denied

By loan type

Conventional 274 86% · 4.0% denied
FHA 14 4% · 7.1% denied
VA 32 10% · 3.1% denied

Why it denied District of Columbia applicants

Debt-to-income ratio 7 54%
Collateral 2 15%
Incomplete application 2 15%
Other 2 15%

Where in District of Columbia

Counties with the most Guaranteed Rate applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
District of Columbia 32018213 4.1%

Other large lenders in District of Columbia

LenderGradeApplicationsDenial rateMedian rate
Navy Federal Credit UnionD 78628.5%7.75%
Rocket MortgageC 67120.7%6.63%
Bank of AmericaF 54633.2%5.99%
First Savings MortgageA 5440.9%6.50%
Truist BankC 52941.2%6.25%
PNC BankD 46731.5%6.25%
JPMorgan Chase BankB 4597.6%6.38%
CitibankB 4179.6%6.00%
First Home MortgageB 3592.5%6.63%
NewrezD 35323.5%6.63%

Frequently asked questions

District of Columbia: 320 applications in 2025, of which 182 were originated and 13 denied.

4.1% of all applications, or 6.5% of the applications it actually decided on. The District of Columbia statewide average across all lenders was 18.1%.

The median rate on loans Guaranteed Rate originated in District of Columbia in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Guaranteed Rate's own HMDA filing for properties located in District of Columbia, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology