Network Capital Funding in Washington vs the state
19.0%Denial rate+3.34 pts vs state
57.7%Decision denial rate+38.15 pts vs state
13.1%Origination rate-47.98 pts vs state
6.38%Median rate-0.25 pts vs state
-0.06Rate spread (pts)-0.25 pts vs state
$108kMedian applicant income
31Loans originated
45Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 505 | 29 | 33.5% | 6.00% | #91 |
| 2024 | 411 | 27 | 13.4% | 6.00% | #108 |
| 2025 | 237 | 31 | 19.0% | 6.38% | #174 |
What Network Capital Funding lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Network Capital Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 49 | 7 | 8 | 16.3% |
| Snohomish County | 40 | 6 | 6 | 15.0% |
| Pierce County | 34 | 6 | 7 | 20.6% |
| Clark County | 21 | 3 | 3 | 14.3% |
| Kitsap County | 15 | 1 | 4 | 26.7% |
| Spokane County | 15 | 3 | 4 | 26.7% |
| Thurston County | 11 | 1 | 1 | 9.1% |
| Benton County | 9 | 2 | 2 | 22.2% |
| Island County | 6 | 0 | 3 | 50.0% |
| Skagit County | 6 | 0 | 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: 237 applications in 2025, of which 31 were originated and 45 denied.
19.0% of all applications, or 57.7% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Network Capital Funding originated in Washington in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Network Capital Funding'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