Nations Lending · Washington · 2025

Nations Lending in Washington: approval rate, denial rate and rates (2025)

Nations Lending took 51 mortgage applications in Washington in 2025, ranking #293 of 822 lenders active in the state. It originated 70.6% of them and denied 11.8% (12.2% of the applications it decided), against a statewide denial rate of 15.7%.

51Applicationsin WA
12.2%Decision denial ratestate 19.5%
6.25%Median ratestate 6.63%
$295,000Median loanstate $335,000
$11MVolume19 counties

Nations Lending in Washington vs the state

11.8%Denial rate-3.89 pts vs state
12.2%Decision denial rate-7.30 pts vs state
70.6%Origination rate+9.53 pts vs state
6.25%Median rate-0.38 pts vs state
0.21Rate spread (pts)+0.02 pts vs state
$76kMedian applicant income
36Loans originated
6Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
202357313.5%6.38%#269
2024603610.0%6.50%#265
2025513611.8%6.25%#293

What Nations Lending lends in Washington

By loan purpose

Home purchase 4 8% · 0.0% denied
Refinance 12 24% · 25.0% denied
Cash-out refinance 35 69% · 8.6% denied

By loan type

Conventional 22 43% · 18.2% denied
FHA 16 31% · 6.3% denied
VA 13 25% · 7.7% denied

Why it denied Washington applicants

Collateral 3 50%
Incomplete application 1 17%
Other 1 17%
Debt-to-income ratio 1 17%

Where in Washington

Counties with the most Nations Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 842 25.0%
Yakima County 540 0.0%
Pierce County 540 0.0%
Clallam County 431 25.0%
Snohomish County 440 0.0%
Benton County 430 0.0%
Lewis County 330 0.0%
Klickitat County 310 0.0%
Kitsap County 330 0.0%
Clark County 220 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: 51 applications in 2025, of which 36 were originated and 6 denied.

11.8% of all applications, or 12.2% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Nations Lending originated in Washington in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Nations Lending'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