Priority Home Lending · Washington · 2025

Priority Home Lending in Washington: approval rate, denial rate and rates (2025)

Priority Home Lending took 297 mortgage applications in Washington in 2025, ranking #151 of 822 lenders active in the state. It originated 81.5% of them and denied 4.0% (4.7% of the applications it decided), against a statewide denial rate of 15.7%.

297Applicationsin WA
4.7%Decision denial ratestate 19.5%
6.50%Median ratestate 6.63%
$495,000Median loanstate $335,000
$120MVolume18 counties

Priority Home Lending in Washington vs the state

4.0%Denial rate-11.61 pts vs state
4.7%Decision denial rate-14.82 pts vs state
81.5%Origination rate+20.42 pts vs state
6.50%Median rate-0.13 pts vs state
0.17Rate spread (pts)-0.02 pts vs state
$156kMedian applicant income
242Loans originated
12Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232772292.9%6.99%#132
20242792302.9%6.88%#138
20252972424.0%6.50%#151

What Priority Home Lending lends in Washington

By loan purpose

Home purchase 239 80% · 4.2% denied
Refinance 46 15% · 0.0% denied
Cash-out refinance 12 4% · 16.7% denied

By loan type

Conventional 240 81% · 4.2% denied
FHA 38 13% · 5.3% denied
VA 19 6% · 0.0% denied

Why it denied Washington applicants

Debt-to-income ratio 7 58%
Collateral 3 25%
Credit history 2 17%

Where in Washington

Counties with the most Priority Home Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 109892 1.8%
Pierce County 62530 0.0%
Snohomish County 49414 8.2%
Kitsap County 28194 14.3%
Thurston County 1280 0.0%
Clark County 10100 0.0%
Cowlitz County 532 40.0%
Mason County 440 0.0%
Skagit County 330 0.0%
Grays Harbor County 330 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: 297 applications in 2025, of which 242 were originated and 12 denied.

4.0% of all applications, or 4.7% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Priority Home Lending originated in Washington in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Priority Home Lending'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