Leader Bank · Washington · 2025

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

Leader Bank took 39 mortgage applications in Washington in 2025, ranking #318 of 822 lenders active in the state. It originated 66.7% of them and denied 12.8% (15.6% of the applications it decided), against a statewide denial rate of 15.7%.

39Applicationsin WA
15.6%Decision denial ratestate 19.5%
6.31%Median ratestate 6.63%
$505,000Median loanstate $335,000
$17MVolume8 counties

Leader Bank in Washington vs the state

12.8%Denial rate-2.83 pts vs state
15.6%Decision denial rate-3.91 pts vs state
66.7%Origination rate+5.61 pts vs state
6.31%Median rate-0.31 pts vs state
-0.10Rate spread (pts)-0.28 pts vs state
$230kMedian applicant income
26Loans originated
5Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023540.0%6.81%#535
202417110.0%6.63%#400
2025392612.8%6.31%#318

What Leader Bank lends in Washington

By loan purpose

Home purchase 28 72% · 0.0% denied
Refinance 2 5% · 0.0% denied
Cash-out refinance 3 8% · 33.3% denied
Other / HELOC 6 15% · 66.7% denied

By loan type

Conventional 39 100% · 12.8% denied

Why it denied Washington applicants

Debt-to-income ratio 3 60%
Collateral 2 40%

Where in Washington

Counties with the most Leader Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 22163 13.6%
Snohomish County 522 40.0%
Pierce County 440 0.0%
Clark County 310 0.0%
Skagit County 200 0.0%
Skamania County 110 0.0%
Island County 110 0.0%
Thurston 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: 39 applications in 2025, of which 26 were originated and 5 denied.

12.8% of all applications, or 15.6% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Leader Bank originated in Washington in 2025 was 6.31%, against a statewide median of 6.63%.

About this data. Figures are Leader 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