New Wave Lending Group in Washington vs the state
2.4%Denial rate-13.27 pts vs state
4.0%Decision denial rate-15.54 pts vs state
54.8%Origination rate-6.30 pts vs state
7.00%Median rate+0.38 pts vs state
0.65Rate spread (pts)+0.46 pts vs state
$224kMedian applicant income
23Loans originated
1Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 20 | 9 | 0.0% | 6.88% | #379 |
| 2024 | 45 | 27 | 0.0% | 6.75% | #290 |
| 2025 | 42 | 23 | 2.4% | 7.00% | #307 |
What New Wave Lending Group lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most New Wave Lending Group applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 27 | 18 | 0 | 0.0% |
| Snohomish County | 4 | 0 | 0 | 0.0% |
| Pierce County | 3 | 1 | 1 | 33.3% |
| Clark County | 3 | 1 | 0 | 0.0% |
| Spokane County | 2 | 2 | 0 | 0.0% |
| Kittitas County | 1 | 1 | 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: 42 applications in 2025, of which 23 were originated and 1 denied.
2.4% 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 New Wave Lending Group originated in Washington in 2025 was 7.00%, against a statewide median of 6.63%.
About this data. Figures are New Wave Lending Group'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