Guaranteed Rate in Washington vs the state
3.7%Denial rate-11.97 pts vs state
5.8%Decision denial rate-13.78 pts vs state
58.6%Origination rate-2.48 pts vs state
6.50%Median rate-0.13 pts vs state
0.14Rate spread (pts)-0.05 pts vs state
$155kMedian applicant income
1,847Loans originated
116Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,752 | 794 | 4.6% | 6.63% | #34 |
| 2024 | 1,674 | 1,035 | 6.9% | 6.63% | #37 |
| 2025 | 3,153 | 1,847 | 3.7% | 6.50% | #24 |
What Guaranteed Rate lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Guaranteed Rate applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 932 | 539 | 31 | 3.3% |
| Pierce County | 419 | 248 | 20 | 4.8% |
| Spokane County | 386 | 234 | 9 | 2.3% |
| Clark County | 350 | 229 | 7 | 2.0% |
| Snohomish County | 321 | 157 | 16 | 5.0% |
| Thurston County | 129 | 86 | 5 | 3.9% |
| Kitsap County | 116 | 74 | 3 | 2.6% |
| Cowlitz County | 57 | 37 | 2 | 3.5% |
| Benton County | 47 | 27 | 2 | 4.3% |
| Grays Harbor County | 46 | 24 | 2 | 4.3% |
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: 3,153 applications in 2025, of which 1,847 were originated and 116 denied.
3.7% of all applications, or 5.8% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Guaranteed Rate originated in Washington in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Guaranteed Rate'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