Harborstone in Washington vs the state
37.5%Denial rate+21.80 pts vs state
40.4%Decision denial rate+20.90 pts vs state
49.6%Origination rate-11.42 pts vs state
7.75%Median rate+1.13 pts vs state
1.09Rate spread (pts)+0.90 pts vs state
$129kMedian applicant income
342Loans originated
258Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 846 | 449 | 36.6% | 8.25% | #62 |
| 2024 | 1,027 | 431 | 49.8% | 8.50% | #56 |
| 2025 | 689 | 342 | 37.5% | 7.75% | #81 |
What Harborstone lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Harborstone applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pierce County | 411 | 210 | 154 | 37.5% |
| King County | 105 | 46 | 44 | 41.9% |
| Thurston County | 51 | 28 | 13 | 25.5% |
| Snohomish County | 29 | 14 | 14 | 48.3% |
| Kitsap County | 23 | 10 | 7 | 30.4% |
| Skagit County | 20 | 6 | 10 | 50.0% |
| Whatcom County | 8 | 5 | 2 | 25.0% |
| Lewis County | 7 | 4 | 2 | 28.6% |
| Yakima County | 5 | 3 | 2 | 40.0% |
| Island County | 5 | 2 | 2 | 40.0% |
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: 689 applications in 2025, of which 342 were originated and 258 denied.
37.5% of all applications, or 40.4% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Harborstone originated in Washington in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are Harborstone'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