Primary Residential Mortgage · Washington · 2025

Primary Residential Mortgage in Washington: approval rate, denial rate and rates (2025)

Primary Residential Mortgage took 204 mortgage applications in Washington in 2025, ranking #187 of 822 lenders active in the state. It originated 67.7% of them and denied 3.4% (4.8% of the applications it decided), against a statewide denial rate of 15.7%.

204Applicationsin WA
4.8%Decision denial ratestate 19.5%
6.63%Median ratestate 6.63%
$405,000Median loanstate $335,000
$55MVolume22 counties

Primary Residential Mortgage in Washington vs the state

3.4%Denial rate-12.22 pts vs state
4.8%Decision denial rate-14.71 pts vs state
67.7%Origination rate+6.59 pts vs state
6.63%Median rate0.00 pts vs state
0.28Rate spread (pts)+0.09 pts vs state
$120kMedian applicant income
138Loans originated
7Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233062104.6%6.75%#122
20241941435.7%6.63%#172
20252041383.4%6.63%#187

What Primary Residential Mortgage lends in Washington

By loan purpose

Home purchase 151 74% · 2.7% denied
Refinance 26 13% · 7.7% denied
Cash-out refinance 27 13% · 3.7% denied

By loan type

Conventional 152 75% · 1.3% denied
FHA 44 22% · 11.4% denied
VA 8 4% · 0.0% denied

Why it denied Washington applicants

Collateral 4 57%
Employment history 1 14%
Debt-to-income ratio 1 14%
Credit history 1 14%

Where in Washington

Counties with the most Primary Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clark County 114743 2.6%
Cowlitz County 25162 8.0%
King County 15110 0.0%
Pierce County 1080 0.0%
Benton County 750 0.0%
Snohomish County 650 0.0%
Kitsap County 330 0.0%
Chelan County 311 33.3%
Jefferson County 210 0.0%
Yakima County 220 0.0%

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: 204 applications in 2025, of which 138 were originated and 7 denied.

3.4% of all applications, or 4.8% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Primary Residential Mortgage originated in Washington in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Primary Residential 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