HSBC Bank USA in Washington vs the state
2.5%Denial rate-13.19 pts vs state
3.2%Decision denial rate-16.30 pts vs state
73.4%Origination rate+12.30 pts vs state
5.84%Median rate-0.79 pts vs state
-0.07Rate spread (pts)-0.26 pts vs state
$342kMedian applicant income
358Loans originated
12Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 246 | 177 | 3.3% | 6.24% | #139 |
| 2024 | 538 | 379 | 1.3% | 5.94% | #92 |
| 2025 | 488 | 358 | 2.5% | 5.84% | #104 |
What HSBC Bank USA lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most HSBC Bank USA applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 404 | 310 | 8 | 2.0% |
| Snohomish County | 67 | 39 | 1 | 1.5% |
| Clark County | 5 | 2 | 1 | 20.0% |
| Pierce County | 3 | 2 | 1 | 33.3% |
| Kitsap County | 2 | 1 | 1 | 50.0% |
| Spokane County | 2 | 1 | 0 | 0.0% |
| Whatcom County | 2 | 2 | 0 | 0.0% |
| Chelan County | 1 | 0 | 0 | 0.0% |
| Island County | 1 | 0 | 0 | 0.0% |
| Benton County | 1 | 1 | 0 | 0.0% |
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: 488 applications in 2025, of which 358 were originated and 12 denied.
2.5% of all applications, or 3.2% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans HSBC Bank USA originated in Washington in 2025 was 5.84%, against a statewide median of 6.63%.
About this data. Figures are HSBC Bank USA'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