Member First Mortgage in Washington vs the state
17.0%Denial rate+1.31 pts vs state
24.2%Decision denial rate+4.63 pts vs state
52.1%Origination rate-9.01 pts vs state
6.00%Median rate-0.63 pts vs state
0.09Rate spread (pts)-0.10 pts vs state
$155kMedian applicant income
89Loans originated
29Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 51 | 43 | 3.9% | 5.88% | #282 |
| 2024 | 134 | 105 | 9.0% | 5.88% | #198 |
| 2025 | 171 | 89 | 17.0% | 6.00% | #201 |
What Member First Mortgage lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Member First Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 63 | 41 | 6 | 9.5% |
| Pierce County | 22 | 5 | 9 | 40.9% |
| Snohomish County | 20 | 12 | 1 | 5.0% |
| Mason County | 19 | 6 | 3 | 15.8% |
| Kitsap County | 11 | 4 | 4 | 36.4% |
| Grays Harbor County | 8 | 3 | 1 | 12.5% |
| Whatcom County | 7 | 6 | 0 | 0.0% |
| Clark County | 6 | 5 | 1 | 16.7% |
| Island County | 3 | 2 | 1 | 33.3% |
| Thurston County | 3 | 1 | 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: 171 applications in 2025, of which 89 were originated and 29 denied.
17.0% of all applications, or 24.2% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Member First Mortgage originated in Washington in 2025 was 6.00%, against a statewide median of 6.63%.
About this data. Figures are Member First 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