Loandepot.Com · Washington · 2025

Loandepot.Com in Washington: approval rate, denial rate and rates (2025)

Loandepot.Com took 3,548 mortgage applications in Washington in 2025, ranking #17 of 822 lenders active in the state. It originated 59.6% of them and denied 19.1% (23.9% of the applications it decided), against a statewide denial rate of 15.7%.

3.5kApplicationsin WA
23.9%Decision denial ratestate 19.5%
6.75%Median ratestate 6.63%
$295,000Median loanstate $335,000
$841MVolume39 counties

Loandepot.Com in Washington vs the state

19.1%Denial rate+3.43 pts vs state
23.9%Decision denial rate+4.33 pts vs state
59.6%Origination rate-1.51 pts vs state
6.75%Median rate+0.13 pts vs state
0.38Rate spread (pts)+0.19 pts vs state
$120kMedian applicant income
2,113Loans originated
677Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,9551,14018.5%6.25%#29
20243,4131,94818.2%6.63%#16
20253,5482,11319.1%6.75%#17

What Loandepot.Com lends in Washington

By loan purpose

Home purchase 1,094 31% · 7.5% denied
Refinance 447 13% · 15.7% denied
Cash-out refinance 897 25% · 25.0% denied
Home improvement 150 4% · 25.3% denied
Other / HELOC 960 27% · 27.4% denied

By loan type

Conventional 2,685 76% · 17.7% denied
FHA 579 16% · 26.3% denied
VA 281 8% · 17.8% denied
USDA / RHS 3 0% · 0.0% denied

Why it denied Washington applicants

Debt-to-income ratio 224 33%
Collateral 175 26%
Unverifiable information 125 18%
Incomplete application 63 9%
Credit history 51 8%
Other 25 4%
Insufficient cash 8 1%
Employment history 6 1%

Where in Washington

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 877569128 14.6%
Pierce County 525300112 21.3%
Snohomish County 43325872 16.6%
Clark County 25415355 21.7%
Spokane County 23112240 17.3%
Kitsap County 1267126 20.6%
Benton County 1177420 17.1%
Thurston County 1066229 27.4%
Yakima County 874827 31.0%
Kittitas County 76478 10.5%

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: 3,548 applications in 2025, of which 2,113 were originated and 677 denied.

19.1% of all applications, or 23.9% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Loandepot.Com originated in Washington in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Loandepot.Com'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