HomePromise in Washington vs the state
45.0%Denial rate+29.35 pts vs state
94.7%Decision denial rate+75.20 pts vs state
2.5%Origination rate-58.56 pts vs state
7.25%Median rate+0.63 pts vs state
0.36Rate spread (pts)+0.17 pts vs state
$84kMedian applicant income
1Loans originated
18Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 50 | 2 | 68.0% | 7.31% | #284 |
| 2024 | 52 | 3 | 40.4% | 7.50% | #281 |
| 2025 | 40 | 1 | 45.0% | 7.25% | #315 |
What HomePromise lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most HomePromise applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Spokane County | 9 | 0 | 4 | 44.4% |
| Pend Oreille County | 5 | 0 | 0 | 0.0% |
| Kitsap County | 5 | 0 | 4 | 80.0% |
| Pierce County | 5 | 1 | 2 | 40.0% |
| Snohomish County | 4 | 0 | 0 | 0.0% |
| Whitman County | 3 | 0 | 2 | 66.7% |
| King County | 2 | 0 | 1 | 50.0% |
| Chelan County | 1 | 0 | 1 | 100.0% |
| Whatcom County | 1 | 0 | 1 | 100.0% |
| Lincoln County | 1 | 0 | 1 | 100.0% |
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: 40 applications in 2025, of which 1 were originated and 18 denied.
45.0% of all applications, or 94.7% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans HomePromise originated in Washington in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are HomePromise'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