National Cooperative Bank · Washington · 2025

National Cooperative Bank in Washington: approval rate, denial rate and rates (2025)

National Cooperative Bank took 28 mortgage applications in Washington in 2025, ranking #355 of 822 lenders active in the state. It originated 85.7% of them and denied 3.6% (4.0% of the applications it decided), against a statewide denial rate of 15.7%.

28Applicationsin WA
4.0%Decision denial ratestate 19.5%
6.63%Median ratestate 6.63%
$250,000Median loanstate $335,000
$6.3MVolume2 counties

National Cooperative Bank in Washington vs the state

3.6%Denial rate-12.08 pts vs state
4.0%Decision denial rate-15.54 pts vs state
85.7%Origination rate+24.65 pts vs state
6.63%Median rate0.00 pts vs state
0.12Rate spread (pts)-0.07 pts vs state
$152kMedian applicant income
24Loans originated
1Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321189.5%6.69%#371
202424208.3%6.88%#357
202528243.6%6.63%#355

What National Cooperative Bank lends in Washington

By loan purpose

Home purchase 22 79% · 0.0% denied
Refinance 1 4% · 0.0% denied
Cash-out refinance 3 11% · 0.0% denied
Other / HELOC 2 7% · 50.0% denied

By loan type

Conventional 28 100% · 3.6% denied

Why it denied Washington applicants

Other 1 100%

Where in Washington

Counties with the most National Cooperative Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 27231 3.7%
Kitsap 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: 28 applications in 2025, of which 24 were originated and 1 denied.

3.6% of all applications, or 4.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans National Cooperative Bank originated in Washington in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are National Cooperative 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