PHH Mortgage in Washington vs the state
6.4%Denial rate-9.29 pts vs state
13.5%Decision denial rate-6.04 pts vs state
39.6%Origination rate-21.50 pts vs state
5.99%Median rate-0.63 pts vs state
-0.16Rate spread (pts)-0.35 pts vs state
$110kMedian applicant income
199Loans originated
32Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 237 | 102 | 24.1% | 6.99% | #142 |
| 2024 | 314 | 114 | 14.3% | 6.38% | #127 |
| 2025 | 503 | 199 | 6.4% | 5.99% | #101 |
What PHH Mortgage lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most PHH Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 108 | 35 | 8 | 7.4% |
| Snohomish County | 70 | 26 | 4 | 5.7% |
| Pierce County | 65 | 28 | 1 | 1.5% |
| Clark County | 39 | 20 | 2 | 5.1% |
| Spokane County | 28 | 10 | 3 | 10.7% |
| Kitsap County | 27 | 16 | 1 | 3.7% |
| Yakima County | 22 | 4 | 2 | 9.1% |
| Thurston County | 20 | 11 | 1 | 5.0% |
| Benton County | 11 | 2 | 2 | 18.2% |
| Whatcom County | 11 | 6 | 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: 503 applications in 2025, of which 199 were originated and 32 denied.
6.4% of all applications, or 13.5% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans PHH Mortgage originated in Washington in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are PHH Mortgage'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