iQ Credit Union in Washington vs the state
19.1%Denial rate+3.49 pts vs state
21.5%Decision denial rate+2.00 pts vs state
66.9%Origination rate+5.83 pts vs state
7.25%Median rate+0.63 pts vs state
0.05Rate spread (pts)-0.14 pts vs state
$121kMedian applicant income
1,087Loans originated
311Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,722 | 1,166 | 17.8% | 8.00% | #36 |
| 2024 | 1,422 | 937 | 23.6% | 8.25% | #44 |
| 2025 | 1,625 | 1,087 | 19.1% | 7.25% | #44 |
What iQ Credit Union lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most iQ Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clark County | 1,396 | 942 | 258 | 18.5% |
| Cowlitz County | 82 | 51 | 16 | 19.5% |
| Skamania County | 49 | 39 | 9 | 18.4% |
| Lewis County | 20 | 8 | 8 | 40.0% |
| Klickitat County | 14 | 9 | 3 | 21.4% |
| Pierce County | 13 | 8 | 3 | 23.1% |
| Pacific County | 8 | 5 | 3 | 37.5% |
| King County | 7 | 3 | 2 | 28.6% |
| Thurston County | 6 | 4 | 0 | 0.0% |
| Benton County | 4 | 2 | 1 | 25.0% |
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: 1,625 applications in 2025, of which 1,087 were originated and 311 denied.
19.1% of all applications, or 21.5% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans iQ Credit Union originated in Washington in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are iQ Credit Union'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