Luxury Mortgage · Washington · 2025

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

Luxury Mortgage took 19 mortgage applications in Washington in 2025, ranking #394 of 822 lenders active in the state. It originated 47.4% of them and denied 10.5% (18.2% of the applications it decided), against a statewide denial rate of 15.7%.

19Applicationsin WA
18.2%Decision denial ratestate 19.5%
7.25%Median ratestate 6.63%
$605,000Median loanstate $335,000
$4.3MVolume9 counties

Luxury Mortgage in Washington vs the state

10.5%Denial rate-5.12 pts vs state
18.2%Decision denial rate-1.36 pts vs state
47.4%Origination rate-13.69 pts vs state
7.25%Median rate+0.63 pts vs state
0.75Rate spread (pts)+0.56 pts vs state
$192kMedian applicant income
9Loans originated
2Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
202418827.8%7.31%#387
202519910.5%7.25%#394

What Luxury Mortgage lends in Washington

By loan purpose

Home purchase 9 47% · 11.1% denied
Refinance 4 21% · 25.0% denied
Cash-out refinance 6 32% · 0.0% denied

By loan type

Conventional 19 100% · 10.5% denied

Why it denied Washington applicants

Credit history 2 100%

Where in Washington

Counties with the most Luxury Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 1042 20.0%
Pierce County 200 0.0%
Kittitas County 110 0.0%
Grant County 100 0.0%
Snohomish County 110 0.0%
Kitsap County 100 0.0%
Spokane County 110 0.0%
Skagit County 110 0.0%
San Juan 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: 19 applications in 2025, of which 9 were originated and 2 denied.

10.5% of all applications, or 18.2% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Luxury Mortgage originated in Washington in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Luxury 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