Rocket Mortgage · Washington · 2025

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

Rocket Mortgage took 14,301 mortgage applications in Washington in 2025, ranking #2 of 822 lenders active in the state. It originated 74.2% of them and denied 15.9% (17.1% of the applications it decided), against a statewide denial rate of 15.7%.

14kApplicationsin WA
17.1%Decision denial ratestate 19.5%
6.63%Median ratestate 6.63%
$325,000Median loanstate $335,000
$3.8BVolume39 counties

Rocket Mortgage in Washington vs the state

15.9%Denial rate+0.22 pts vs state
17.1%Decision denial rate-2.42 pts vs state
74.2%Origination rate+13.14 pts vs state
6.63%Median rate0.00 pts vs state
0.33Rate spread (pts)+0.14 pts vs state
$127kMedian applicant income
10,611Loans originated
2,270Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238,2206,35713.4%6.63%#2
202410,3637,87914.7%6.63%#3
202514,30110,61115.9%6.63%#2

What Rocket Mortgage lends in Washington

By loan purpose

Home purchase 4,070 28% · 9.2% denied
Refinance 2,821 20% · 18.3% denied
Cash-out refinance 6,897 48% · 18.1% denied
Home improvement 165 1% · 24.9% denied
Other / HELOC 348 2% · 27.3% denied

By loan type

Conventional 11,507 80% · 14.8% denied
FHA 1,452 10% · 26.8% denied
VA 1,342 9% · 13.6% denied

Why it denied Washington applicants

Collateral 800 35%
Debt-to-income ratio 615 27%
Incomplete application 426 19%
Credit history 126 6%
Insufficient cash 115 5%
Other 112 5%
Unverifiable information 58 3%
Employment history 18 1%

Where in Washington

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 3,1822,378517 16.2%
Pierce County 1,9481,459304 15.6%
Snohomish County 1,6511,261244 14.8%
Spokane County 1,084844149 13.7%
Clark County 838633109 13.0%
Thurston County 702525106 15.1%
Kitsap County 62346283 13.3%
Benton County 46935065 13.9%
Yakima County 37824185 22.5%
Whatcom County 33324754 16.2%

Other large lenders in Washington

LenderGradeApplicationsDenial rateMedian rate
Boeing Employees Credit UnionB 21,59923.8%6.13%
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%
Pennymac Loan ServicesC 5,09110.9%6.50%

Frequently asked questions

Washington: 14,301 applications in 2025, of which 10,611 were originated and 2,270 denied.

15.9% of all applications, or 17.1% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

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

About this data. Figures are Rocket 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