Pentagon Federal Credit Union · Washington · 2025

Pentagon Federal Credit Union in Washington: approval rate, denial rate and rates (2025)

Pentagon Federal Credit Union took 430 mortgage applications in Washington in 2025, ranking #114 of 822 lenders active in the state. It originated 43.5% of them and denied 32.6% (42.3% of the applications it decided), against a statewide denial rate of 15.7%.

430Applicationsin WA
42.3%Decision denial ratestate 19.5%
7.63%Median ratestate 6.63%
$255,000Median loanstate $335,000
$55MVolume30 counties

Pentagon Federal Credit Union in Washington vs the state

32.6%Denial rate+16.91 pts vs state
42.3%Decision denial rate+22.76 pts vs state
43.5%Origination rate-17.57 pts vs state
7.63%Median rate+1.00 pts vs state
0.43Rate spread (pts)+0.24 pts vs state
$173kMedian applicant income
187Loans originated
140Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
202346117136.0%8.38%#95
202443616535.3%8.63%#105
202543018732.6%7.63%#114

What Pentagon Federal Credit Union lends in Washington

By loan purpose

Home purchase 82 19% · 26.8% denied
Refinance 130 30% · 31.5% denied
Cash-out refinance 23 5% · 52.2% denied
Home improvement 139 32% · 32.4% denied
Other / HELOC 56 13% · 35.7% denied

By loan type

Conventional 370 86% · 32.2% denied
FHA 7 2% · 57.1% denied
VA 53 12% · 32.1% denied

Why it denied Washington applicants

Debt-to-income ratio 37 26%
Credit history 35 25%
Other 35 25%
Collateral 28 20%
Unverifiable information 3 2%
Employment history 1 1%
Insufficient cash 1 1%

Where in Washington

Counties with the most Pentagon Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 1275545 35.4%
Pierce County 632522 34.9%
Snohomish County 582217 29.3%
Clark County 36156 16.7%
Thurston County 23166 26.1%
Kitsap County 23118 34.8%
Spokane County 20109 45.0%
Island County 1135 45.5%
Whatcom County 1163 27.3%
Mason County 1041 10.0%

Other large lenders in Washington

LenderGradeApplicationsDenial rateMedian rate
Boeing Employees Credit UnionB 21,59923.8%6.13%
Rocket MortgageC 14,30115.9%6.63%
United Shore Financial ServicesB 13,77010.0%6.13%
Guild MortgageA 8,0563.4%6.63%
CMG MortgageA 7,8173.1%6.63%
Movement MortgageA 7,4723.6%6.63%
Bank of AmericaF 6,98627.0%5.99%
Crosscountry MortgageB 6,9033.1%6.63%
U.S. BankD 6,56827.6%6.63%
NewrezD 5,84912.9%6.63%

Frequently asked questions

Washington: 430 applications in 2025, of which 187 were originated and 140 denied.

32.6% of all applications, or 42.3% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Pentagon Federal Credit Union originated in Washington in 2025 was 7.63%, against a statewide median of 6.63%.

About this data. Figures are Pentagon Federal Credit Union'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