Nqm Funding in Washington vs the state
15.8%Denial rate+0.14 pts vs state
20.0%Decision denial rate+0.46 pts vs state
57.9%Origination rate-3.17 pts vs state
7.62%Median rate+1.00 pts vs state
1.27Rate spread (pts)+1.09 pts vs state
$183kMedian applicant income
22Loans originated
6Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 17 | 7 | 17.7% | 9.00% | #393 |
| 2024 | 25 | 19 | 8.0% | 7.38% | #352 |
| 2025 | 38 | 22 | 15.8% | 7.62% | #321 |
What Nqm Funding lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Nqm Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 14 | 7 | 2 | 14.3% |
| Pierce County | 6 | 5 | 0 | 0.0% |
| Snohomish County | 4 | 3 | 0 | 0.0% |
| Clark County | 3 | 1 | 2 | 66.7% |
| Spokane County | 2 | 2 | 0 | 0.0% |
| Kittitas County | 2 | 0 | 1 | 50.0% |
| Grays Harbor County | 1 | 1 | 0 | 0.0% |
| Lewis County | 1 | 1 | 0 | 0.0% |
| Benton County | 1 | 1 | 0 | 0.0% |
| Kitsap County | 1 | 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: 38 applications in 2025, of which 22 were originated and 6 denied.
15.8% of all applications, or 20.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Nqm Funding originated in Washington in 2025 was 7.62%, against a statewide median of 6.63%.
About this data. Figures are Nqm 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