ML Mortgage in Washington vs the state
11.9%Denial rate-3.75 pts vs state
16.1%Decision denial rate-3.41 pts vs state
57.1%Origination rate-3.92 pts vs state
6.75%Median rate+0.13 pts vs state
0.64Rate spread (pts)+0.45 pts vs state
$115kMedian applicant income
24Loans originated
5Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 7 | 5 | 14.3% | 6.75% | #488 |
| 2025 | 42 | 24 | 11.9% | 6.75% | #311 |
What ML Mortgage lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most ML Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pierce County | 17 | 9 | 2 | 11.8% |
| King County | 11 | 5 | 2 | 18.2% |
| Thurston County | 6 | 3 | 1 | 16.7% |
| Mason County | 2 | 2 | 0 | 0.0% |
| Clark County | 2 | 2 | 0 | 0.0% |
| Spokane County | 2 | 2 | 0 | 0.0% |
| Asotin County | 1 | 0 | 0 | 0.0% |
| Kitsap County | 1 | 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: 42 applications in 2025, of which 24 were originated and 5 denied.
11.9% of all applications, or 16.1% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans ML Mortgage originated in Washington in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are ML 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