Luminate Bank in Washington vs the state
2.8%Denial rate-12.88 pts vs state
3.6%Decision denial rate-15.94 pts vs state
73.4%Origination rate+12.35 pts vs state
6.50%Median rate-0.13 pts vs state
0.22Rate spread (pts)+0.03 pts vs state
$139kMedian applicant income
265Loans originated
10Denied
What Luminate Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Luminate Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pierce County | 176 | 133 | 4 | 2.3% |
| King County | 52 | 30 | 0 | 0.0% |
| Thurston County | 39 | 32 | 0 | 0.0% |
| Snohomish County | 20 | 17 | 0 | 0.0% |
| Spokane County | 16 | 10 | 2 | 12.5% |
| Kitsap County | 13 | 8 | 2 | 15.4% |
| Lewis County | 11 | 8 | 0 | 0.0% |
| Mason County | 5 | 5 | 0 | 0.0% |
| Cowlitz County | 4 | 4 | 0 | 0.0% |
| Grant County | 4 | 4 | 0 | 0.0% |
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: 361 applications in 2025, of which 265 were originated and 10 denied.
2.8% of all applications, or 3.6% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Luminate Bank originated in Washington in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Luminate 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