KeyBank in Washington vs the state
33.0%Denial rate+17.39 pts vs state
39.4%Decision denial rate+19.87 pts vs state
50.1%Origination rate-10.94 pts vs state
6.63%Median rate0.00 pts vs state
0.17Rate spread (pts)-0.01 pts vs state
$142kMedian applicant income
869Loans originated
573Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,657 | 1,302 | 31.5% | 7.38% | #20 |
| 2024 | 1,926 | 925 | 33.1% | 6.63% | #32 |
| 2025 | 1,734 | 869 | 33.0% | 6.63% | #37 |
What KeyBank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most KeyBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 663 | 326 | 224 | 33.8% |
| Pierce County | 251 | 140 | 71 | 28.3% |
| Snohomish County | 219 | 105 | 79 | 36.1% |
| Yakima County | 94 | 39 | 37 | 39.4% |
| Thurston County | 65 | 36 | 21 | 32.3% |
| Clark County | 59 | 40 | 14 | 23.7% |
| Whatcom County | 44 | 26 | 9 | 20.5% |
| Mason County | 43 | 18 | 15 | 34.9% |
| Kitsap County | 38 | 17 | 16 | 42.1% |
| Skagit County | 30 | 18 | 6 | 20.0% |
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: 1,734 applications in 2025, of which 869 were originated and 573 denied.
33.0% of all applications, or 39.4% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans KeyBank originated in Washington in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are KeyBank'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