Navy Federal Credit Union in Washington vs the state
19.7%Denial rate+4.05 pts vs state
27.7%Decision denial rate+8.12 pts vs state
50.6%Origination rate-10.50 pts vs state
7.75%Median rate+1.13 pts vs state
0.52Rate spread (pts)+0.33 pts vs state
$135kMedian applicant income
2,289Loans originated
892Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,008 | 1,906 | 25.7% | 7.75% | #11 |
| 2024 | 4,473 | 2,260 | 19.7% | 7.95% | #11 |
| 2025 | 4,527 | 2,289 | 19.7% | 7.75% | #12 |
What Navy Federal Credit Union lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Navy Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Kitsap County | 866 | 452 | 172 | 19.9% |
| Pierce County | 767 | 356 | 176 | 22.9% |
| King County | 581 | 294 | 96 | 16.5% |
| Snohomish County | 497 | 258 | 99 | 19.9% |
| Thurston County | 314 | 149 | 76 | 24.2% |
| Island County | 305 | 158 | 56 | 18.4% |
| Clark County | 210 | 107 | 35 | 16.7% |
| Spokane County | 162 | 95 | 19 | 11.7% |
| Skagit County | 115 | 69 | 17 | 14.8% |
| Mason County | 105 | 58 | 25 | 23.8% |
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: 4,527 applications in 2025, of which 2,289 were originated and 892 denied.
19.7% of all applications, or 27.7% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Navy Federal Credit Union originated in Washington in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are Navy Federal Credit Union'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