Primelending, a Plainscapital · Washington · 2025

Primelending, a Plainscapital in Washington: approval rate, denial rate and rates (2025)

Primelending, a Plainscapital took 956 mortgage applications in Washington in 2025, ranking #66 of 822 lenders active in the state. It originated 74.9% of them and denied 3.6% (4.2% of the applications it decided), against a statewide denial rate of 15.7%.

956Applicationsin WA
4.2%Decision denial ratestate 19.5%
6.49%Median ratestate 6.63%
$365,000Median loanstate $335,000
$257MVolume33 counties

Primelending, a Plainscapital in Washington vs the state

3.6%Denial rate-12.09 pts vs state
4.2%Decision denial rate-15.30 pts vs state
74.9%Origination rate+13.84 pts vs state
6.49%Median rate-0.13 pts vs state
0.16Rate spread (pts)-0.02 pts vs state
$115kMedian applicant income
716Loans originated
34Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236824933.7%6.63%#74
20248056173.7%6.63%#68
20259567163.6%6.49%#66

What Primelending, a Plainscapital lends in Washington

By loan purpose

Home purchase 742 78% · 2.3% denied
Refinance 101 11% · 10.9% denied
Cash-out refinance 75 8% · 1.3% denied
Home improvement 12 1% · 16.7% denied
Other / HELOC 26 3% · 11.5% denied

By loan type

Conventional 663 69% · 2.9% denied
FHA 223 23% · 4.5% denied
VA 69 7% · 7.3% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Washington applicants

Debt-to-income ratio 18 53%
Credit history 7 21%
Other 3 9%
Collateral 3 9%
Incomplete application 2 6%
Insufficient cash 1 3%

Where in Washington

Counties with the most Primelending, a Plainscapital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Benton County 2722254 1.5%
Franklin County 121982 1.7%
Snohomish County 111801 0.9%
Yakima County 48382 4.2%
Pierce County 48364 8.3%
Lewis County 44282 4.5%
Kitsap County 41295 12.2%
King County 39245 12.8%
Chelan County 35221 2.9%
Island County 29210 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: 956 applications in 2025, of which 716 were originated and 34 denied.

3.6% of all applications, or 4.2% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Primelending, a Plainscapital originated in Washington in 2025 was 6.49%, against a statewide median of 6.63%.

About this data. Figures are Primelending, a Plainscapital'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