Newrez in Washington vs the state
12.9%Denial rate-2.76 pts vs state
21.5%Decision denial rate+2.00 pts vs state
46.2%Origination rate-14.86 pts vs state
6.63%Median rate0.00 pts vs state
0.25Rate spread (pts)+0.06 pts vs state
$131kMedian applicant income
2,702Loans originated
754Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,928 | 787 | 15.6% | 6.99% | #31 |
| 2024 | 4,685 | 2,255 | 14.1% | 6.75% | #10 |
| 2025 | 5,849 | 2,702 | 12.9% | 6.63% | #10 |
What Newrez lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Newrez applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 1,348 | 639 | 195 | 14.5% |
| Pierce County | 1,019 | 481 | 123 | 12.1% |
| Snohomish County | 694 | 320 | 86 | 12.4% |
| Thurston County | 415 | 211 | 42 | 10.1% |
| Kitsap County | 312 | 185 | 18 | 5.8% |
| Clark County | 312 | 142 | 48 | 15.4% |
| Spokane County | 254 | 97 | 53 | 20.9% |
| Whatcom County | 182 | 65 | 21 | 11.5% |
| Yakima County | 137 | 46 | 22 | 16.1% |
| Benton County | 115 | 48 | 14 | 12.2% |
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% |
| Pennymac Loan Services | C | 5,091 | 10.9% | 6.50% |
Frequently asked questions
Washington: 5,849 applications in 2025, of which 2,702 were originated and 754 denied.
12.9% of all applications, or 21.5% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Newrez originated in Washington in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Newrez'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