Residential Mortgage in Washington vs the state
6.5%Denial rate-9.20 pts vs state
8.8%Decision denial rate-10.73 pts vs state
66.8%Origination rate+5.76 pts vs state
6.43%Median rate-0.19 pts vs state
0.14Rate spread (pts)-0.05 pts vs state
$130kMedian applicant income
145Loans originated
14Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 90 | 68 | 7.8% | 6.49% | #221 |
| 2024 | 160 | 101 | 8.8% | 6.62% | #186 |
| 2025 | 217 | 145 | 6.5% | 6.43% | #185 |
What Residential Mortgage lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Residential Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clark County | 106 | 59 | 10 | 9.4% |
| Pacific County | 30 | 23 | 0 | 0.0% |
| Cowlitz County | 17 | 13 | 2 | 11.8% |
| Pierce County | 15 | 10 | 0 | 0.0% |
| King County | 12 | 9 | 2 | 16.7% |
| Thurston County | 8 | 6 | 0 | 0.0% |
| Snohomish County | 5 | 3 | 0 | 0.0% |
| Mason County | 5 | 5 | 0 | 0.0% |
| Kittitas County | 4 | 3 | 0 | 0.0% |
| Kitsap County | 4 | 4 | 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: 217 applications in 2025, of which 145 were originated and 14 denied.
6.5% of all applications, or 8.8% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Residential Mortgage originated in Washington in 2025 was 6.43%, against a statewide median of 6.63%.
About this data. Figures are 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