Pacific Equity and Loan in Washington vs the state
12.7%Denial rate-2.95 pts vs state
12.7%Decision denial rate-6.84 pts vs state
58.7%Origination rate-2.33 pts vs state
12.00%Median rate+5.38 pts vs state
—Rate spread (pts)
$266kMedian applicant income
74Loans originated
16Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 88 | 41 | 1.1% | 12.00% | #222 |
| 2024 | 120 | 77 | 2.5% | 12.00% | #211 |
| 2025 | 126 | 74 | 12.7% | 12.00% | #221 |
What Pacific Equity and Loan lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
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: 126 applications in 2025, of which 74 were originated and 16 denied.
12.7% of all applications, or 12.7% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Pacific Equity and Loan originated in Washington in 2025 was 12.00%, against a statewide median of 6.63%.
About this data. Figures are Pacific Equity and Loan'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