Lennar Mortgage · Washington · 2025

Lennar Mortgage in Washington: approval rate, denial rate and rates (2025)

Lennar Mortgage took 940 mortgage applications in Washington in 2025, ranking #67 of 822 lenders active in the state. It originated 81.5% of them and denied 3.4% (4.0% of the applications it decided), against a statewide denial rate of 15.7%.

940Applicationsin WA
4.0%Decision denial ratestate 19.5%
4.88%Median ratestate 6.63%
$515,000Median loanstate $335,000
$406MVolume11 counties

Lennar Mortgage in Washington vs the state

3.4%Denial rate-12.25 pts vs state
4.0%Decision denial rate-15.55 pts vs state
81.5%Origination rate+20.43 pts vs state
4.88%Median rate-1.75 pts vs state
-0.87Rate spread (pts)-1.06 pts vs state
$138kMedian applicant income
766Loans originated
32Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238896725.4%5.75%#60
20249757924.5%5.88%#57
20259407663.4%4.88%#67

What Lennar Mortgage lends in Washington

By loan purpose

Home purchase 938 100% · 3.4% denied
Refinance 1 0% · 0.0% denied
Cash-out refinance 1 0% · 0.0% denied

By loan type

Conventional 635 68% · 2.7% denied
FHA 175 19% · 6.9% denied
VA 130 14% · 2.3% denied

Why it denied Washington applicants

Debt-to-income ratio 22 69%
Insufficient cash 4 13%
Unverifiable information 3 9%
Credit history 2 6%
Incomplete application 1 3%

Where in Washington

Counties with the most Lennar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pierce County 29922716 5.4%
Spokane County 23219110 4.3%
Snohomish County 1541322 1.3%
Kitsap County 83781 1.2%
Clark County 57440 0.0%
King County 28220 0.0%
Cowlitz County 25180 0.0%
Thurston County 22200 0.0%
Mason County 19171 5.3%
Clallam County 17150 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: 940 applications in 2025, of which 766 were originated and 32 denied.

3.4% of all applications, or 4.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Lennar Mortgage originated in Washington in 2025 was 4.88%, against a statewide median of 6.63%.

About this data. Figures are Lennar Mortgage'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