Olympia Federal Savings & Loan Association at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
34th13.6% deniedPricingmedian rate spread over APOR, weight 30%
74th0.08 ptsProcesswithdrawn + incomplete share, weight 15%
17th21.1%Closing coststotal loan costs ÷ loan amount, weight 10%
61st1.62% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 352 | 213 | 8.2% | 11.7% | 6.88% | $74M |
| 2024 | 318 | 186 | 12.3% | 16.7% | 6.88% | $70M |
| 2025 | 318 | 212 | 10.7% | 13.6% | 6.44% | $81M |
What Olympia Federal Savings & Loan Association lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 46 manufactured homes, 37 investment properties.
Why Olympia Federal Savings & Loan Association denies applications
Primary reason reported for each of the 34 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Olympia Federal Savings & Loan Association
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 87 | 54 | 15.4% |
| $100k – $150k | 58 | 34 | 25.5% |
| $150k – $250k | 85 | 67 | 1.4% |
| Over $250k | 40 | 30 | 6.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 59 | 36 | 7.5% |
| 35–44 | 78 | 56 | 9.7% |
| 45–54 | 49 | 37 | 11.4% |
| 55–64 | 42 | 25 | 26.5% |
| 65–74 | 47 | 29 | 21.1% |
Where Olympia Federal Savings & Loan Association lends
1 states and 13 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Washington | 318 | 212 | 10.7% | 6.44% | #140 |
Frequently asked questions
Olympia Federal Savings & Loan Association denied 13.6% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 34th percentile of small mortgage lenders.
The most common reason Olympia Federal Savings & Loan Association gave in 2025 was "debt-to-income ratio", cited on 85.3% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Olympia Federal Savings & Loan Association originated in 2025 was 6.44%, and its median rate spread over the average prime offer rate was 0.08 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 62% of its applications were for home purchases, 20% for refinancing (including cash-out), and 18% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.