Lendage in Washington vs the state
14.8%Denial rate-0.88 pts vs state
16.0%Decision denial rate-3.53 pts vs state
71.9%Origination rate+10.85 pts vs state
11.25%Median rate+4.63 pts vs state
5.02Rate spread (pts)+4.83 pts vs state
$130kMedian applicant income
297Loans originated
61Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 254 | 171 | 15.8% | 13.75% | #134 |
| 2024 | 384 | 279 | 14.8% | 13.25% | #111 |
| 2025 | 413 | 297 | 14.8% | 11.25% | #118 |
What Lendage lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Lendage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pierce County | 74 | 55 | 8 | 10.8% |
| King County | 68 | 46 | 9 | 13.2% |
| Snohomish County | 47 | 30 | 8 | 17.0% |
| Spokane County | 33 | 27 | 2 | 6.1% |
| Clark County | 29 | 24 | 5 | 17.2% |
| Thurston County | 20 | 18 | 0 | 0.0% |
| Kitsap County | 18 | 13 | 3 | 16.7% |
| Skagit County | 16 | 9 | 1 | 6.3% |
| Benton County | 13 | 8 | 4 | 30.8% |
| Yakima County | 11 | 7 | 4 | 36.4% |
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: 413 applications in 2025, of which 297 were originated and 61 denied.
14.8% of all applications, or 16.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Lendage originated in Washington in 2025 was 11.25%, against a statewide median of 6.63%.
About this data. Figures are Lendage'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