JPMorgan Chase Bank · Washington · 2025

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

JPMorgan Chase Bank took 4,293 mortgage applications in Washington in 2025, ranking #13 of 822 lenders active in the state. It originated 65.6% of them and denied 8.5% (11.3% of the applications it decided), against a statewide denial rate of 15.7%.

4.3kApplicationsin WA
11.3%Decision denial ratestate 19.5%
6.13%Median ratestate 6.63%
$585,000Median loanstate $335,000
$2.5BVolume37 counties

JPMorgan Chase Bank in Washington vs the state

8.5%Denial rate-7.17 pts vs state
11.3%Decision denial rate-8.26 pts vs state
65.6%Origination rate+4.54 pts vs state
6.13%Median rate-0.50 pts vs state
-0.11Rate spread (pts)-0.29 pts vs state
$200kMedian applicant income
2,816Loans originated
364Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,3331,5299.0%6.49%#25
20243,0762,0127.3%6.38%#21
20254,2932,8168.5%6.13%#13

What JPMorgan Chase Bank lends in Washington

By loan purpose

Home purchase 2,325 54% · 5.9% denied
Refinance 933 22% · 5.4% denied
Cash-out refinance 508 12% · 15.2% denied
Home improvement 223 5% · 16.6% denied
Other / HELOC 304 7% · 20.4% denied

By loan type

Conventional 4,181 97% · 8.1% denied
FHA 70 2% · 30.0% denied
VA 42 1% · 14.3% denied

Why it denied Washington applicants

Debt-to-income ratio 149 41%
Collateral 87 24%
Other 50 14%
Credit history 27 7%
Unverifiable information 27 7%
Insufficient cash 14 4%
Employment history 10 3%

Where in Washington

Counties with the most JPMorgan Chase Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 2,1901,507159 7.3%
Snohomish County 59536246 7.7%
Pierce County 27617035 12.7%
Clark County 23213631 13.4%
Spokane County 19712130 15.2%
Kitsap County 97547 7.2%
Thurston County 75513 4.0%
Whatcom County 69423 4.3%
Benton County 64405 7.8%
Yakima County 63438 12.7%

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: 4,293 applications in 2025, of which 2,816 were originated and 364 denied.

8.5% of all applications, or 11.3% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans JPMorgan Chase Bank originated in Washington in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are JPMorgan Chase 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