Heritage Bank · Washington · 2025

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

Heritage Bank took 5 mortgage applications in Washington in 2025, ranking #527 of 822 lenders active in the state. It originated 80.0% of them and denied 20.0% (20.0% of the applications it decided), against a statewide denial rate of 15.7%.

5Applicationsin WA
20.0%Decision denial ratestate 19.5%
Median ratestate 6.63%
$595,000Median loanstate $335,000
$2.2MVolume3 counties

Heritage Bank in Washington vs the state

20.0%Denial rate+4.35 pts vs state
20.0%Decision denial rate+0.46 pts vs state
80.0%Origination rate+18.94 pts vs state
Median rate
Rate spread (pts)
$270kMedian applicant income
4Loans originated
1Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236416.7%6.00%#520
20255420.0%#527

What Heritage Bank lends in Washington

By loan purpose

Home purchase 5 100% · 20.0% denied

By loan type

Conventional 4 80% · 25.0% denied
FHA 1 20% · 0.0% denied

Why it denied Washington applicants

Debt-to-income ratio 1 100%

Where in Washington

Counties with the most Heritage Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 321 33.3%
Yakima County 110 0.0%
Clark County 110 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: 5 applications in 2025, of which 4 were originated and 1 denied.

20.0% of all applications, or 20.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Heritage 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