Mortgage Express · Washington · 2025

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

Mortgage Express took 275 mortgage applications in Washington in 2025, ranking #159 of 822 lenders active in the state. It originated 75.3% of them and denied 2.9% (3.4% of the applications it decided), against a statewide denial rate of 15.7%.

275Applicationsin WA
3.4%Decision denial ratestate 19.5%
6.63%Median ratestate 6.63%
$375,000Median loanstate $335,000
$77MVolume18 counties

Mortgage Express in Washington vs the state

2.9%Denial rate-12.74 pts vs state
3.4%Decision denial rate-16.18 pts vs state
75.3%Origination rate+14.21 pts vs state
6.63%Median rate0.00 pts vs state
0.26Rate spread (pts)+0.07 pts vs state
$117kMedian applicant income
207Loans originated
8Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023130901.5%6.81%#194
20241711153.5%6.49%#179
20252752072.9%6.63%#159

What Mortgage Express lends in Washington

By loan purpose

Home purchase 242 88% · 3.3% denied
Refinance 21 8% · 0.0% denied
Cash-out refinance 12 4% · 0.0% denied

By loan type

Conventional 182 66% · 2.2% denied
FHA 68 25% · 5.9% denied
VA 25 9% · 0.0% denied

Why it denied Washington applicants

Other 3 38%
Credit history 2 25%
Collateral 1 13%
Insufficient cash 1 13%
Debt-to-income ratio 1 13%

Where in Washington

Counties with the most Mortgage Express applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Walla Walla County 1241004 3.2%
Clark County 92681 1.1%
Benton County 1160 0.0%
Cowlitz County 1080 0.0%
Columbia County 740 0.0%
Pierce County 550 0.0%
Franklin County 530 0.0%
King County 540 0.0%
Kitsap County 310 0.0%
Lewis County 211 50.0%

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: 275 applications in 2025, of which 207 were originated and 8 denied.

2.9% of all applications, or 3.4% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

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

About this data. Figures are Mortgage Express'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