Plaza Home Mortgage · Washington · 2025

Plaza Home Mortgage in Washington: approval rate, denial rate and rates (2025)

Plaza Home Mortgage took 300 mortgage applications in Washington in 2025, ranking #147 of 822 lenders active in the state. It originated 62.3% of them and denied 27.3% (30.4% of the applications it decided), against a statewide denial rate of 15.7%.

300Applicationsin WA
30.4%Decision denial ratestate 19.5%
6.38%Median ratestate 6.63%
$400,000Median loanstate $335,000
$76MVolume26 counties

Plaza Home Mortgage in Washington vs the state

27.3%Denial rate+11.68 pts vs state
30.4%Decision denial rate+10.83 pts vs state
62.3%Origination rate+1.27 pts vs state
6.38%Median rate-0.25 pts vs state
0.22Rate spread (pts)+0.03 pts vs state
$120kMedian applicant income
187Loans originated
82Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023113579.7%6.88%#209
202424114526.1%6.50%#154
202530018727.3%6.38%#147

What Plaza Home Mortgage lends in Washington

By loan purpose

Home purchase 187 62% · 27.3% denied
Refinance 33 11% · 24.2% denied
Cash-out refinance 80 27% · 28.8% denied

By loan type

Conventional 167 56% · 27.5% denied
FHA 111 37% · 27.9% denied
VA 21 7% · 23.8% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Washington applicants

Other 40 49%
Debt-to-income ratio 14 17%
Unverifiable information 11 13%
Credit history 6 7%
Insufficient cash 6 7%
Collateral 4 5%
Employment history 1 1%

Where in Washington

Counties with the most Plaza Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pierce County 583518 31.0%
King County 523215 28.8%
Clark County 432811 25.6%
Snohomish County 36263 8.3%
Thurston County 221011 50.0%
Kitsap County 1292 16.7%
Lewis County 954 44.4%
Mason County 971 11.1%
Whatcom County 861 12.5%
Cowlitz County 862 25.0%

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: 300 applications in 2025, of which 187 were originated and 82 denied.

27.3% of all applications, or 30.4% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Plaza Home Mortgage originated in Washington in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Plaza Home 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