Kitsap Bank · Washington · 2025

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

Kitsap Bank took 204 mortgage applications in Washington in 2025, ranking #188 of 822 lenders active in the state. It originated 68.1% of them and denied 21.1% (23.5% of the applications it decided), against a statewide denial rate of 15.7%.

204Applicationsin WA
23.5%Decision denial ratestate 19.5%
Median ratestate 6.63%
$165,000Median loanstate $335,000
$43MVolume7 counties

Kitsap Bank in Washington vs the state

21.1%Denial rate+5.43 pts vs state
23.5%Decision denial rate+3.96 pts vs state
68.1%Origination rate+7.08 pts vs state
Median rate
Rate spread (pts)
$129kMedian applicant income
139Loans originated
43Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231528431.6%#179
20241268426.2%#205
202520413921.1%#188

What Kitsap Bank lends in Washington

By loan purpose

Home purchase 18 9% · 11.1% denied
Refinance 39 19% · 5.1% denied
Home improvement 74 36% · 25.7% denied
Other / HELOC 73 36% · 27.4% denied

By loan type

Conventional 204 100% · 21.1% denied

Where in Washington

Counties with the most Kitsap Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kitsap County 1278926 20.5%
Pierce County 19117 36.8%
King County 19124 21.1%
Jefferson County 19142 10.5%
Clallam County 17113 17.6%
Mason County 211 50.0%
Clark County 110 0.0%

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: 204 applications in 2025, of which 139 were originated and 43 denied.

21.1% of all applications, or 23.5% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Kitsap 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