SmartFi Home Loans · Washington · 2025

SmartFi Home Loans in Washington: approval rate, denial rate and rates (2025)

SmartFi Home Loans took 91 mortgage applications in Washington in 2025, ranking #246 of 822 lenders active in the state. It originated 68.1% of them and denied 17.6% (20.3% of the applications it decided), against a statewide denial rate of 15.7%.

91Applicationsin WA
20.3%Decision denial ratestate 19.5%
7.87%Median ratestate 6.63%
$245,000Median loanstate $335,000
$22MVolume20 counties

SmartFi Home Loans in Washington vs the state

17.6%Denial rate+1.93 pts vs state
20.3%Decision denial rate+0.71 pts vs state
68.1%Origination rate+7.07 pts vs state
7.87%Median rate+1.24 pts vs state
Rate spread (pts)
$34kMedian applicant income
62Loans originated
16Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20239811.1%9.69%#468
2024181311.1%9.69%#390
2025916217.6%7.87%#246

What SmartFi Home Loans lends in Washington

By loan purpose

Home purchase 4 4% · 0.0% denied
Refinance 72 79% · 22.2% denied
Home improvement 3 3% · 0.0% denied
Other / HELOC 12 13% · 0.0% denied

By loan type

Conventional 47 52% · 17.0% denied
FHA 44 48% · 18.2% denied

Why it denied Washington applicants

Insufficient cash 5 31%
Debt-to-income ratio 4 25%
Unverifiable information 3 19%
Collateral 3 19%
Credit history 1 6%

Where in Washington

Counties with the most SmartFi Home Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 22170 0.0%
Pierce County 1171 9.1%
Clark County 1053 30.0%
Snohomish County 1073 30.0%
Benton County 633 50.0%
Kitsap County 541 20.0%
Lewis County 531 20.0%
Spokane County 330 0.0%
Jefferson County 211 50.0%
Pacific 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: 91 applications in 2025, of which 62 were originated and 16 denied.

17.6% of all applications, or 20.3% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans SmartFi Home Loans originated in Washington in 2025 was 7.87%, against a statewide median of 6.63%.

About this data. Figures are SmartFi Home Loans'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