Sound Community Bank in Washington vs the state
23.5%Denial rate+7.83 pts vs state
25.9%Decision denial rate+6.40 pts vs state
66.7%Origination rate+5.61 pts vs state
8.19%Median rate+1.56 pts vs state
2.81Rate spread (pts)+2.62 pts vs state
$94kMedian applicant income
176Loans originated
62Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 418 | 315 | 19.1% | 8.38% | #101 |
| 2024 | 357 | 229 | 23.3% | 8.25% | #117 |
| 2025 | 264 | 176 | 23.5% | 8.19% | #163 |
What Sound Community Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Sound Community Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Clallam County | 95 | 69 | 20 | 21.1% |
| King County | 47 | 29 | 13 | 27.7% |
| Pierce County | 36 | 17 | 14 | 38.9% |
| Snohomish County | 22 | 16 | 3 | 13.6% |
| Thurston County | 21 | 13 | 6 | 28.6% |
| Jefferson County | 9 | 7 | 2 | 22.2% |
| Mason County | 7 | 3 | 1 | 14.3% |
| Kitsap County | 6 | 6 | 0 | 0.0% |
| Chelan County | 3 | 3 | 0 | 0.0% |
| Whatcom County | 3 | 3 | 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: 264 applications in 2025, of which 176 were originated and 62 denied.
23.5% of all applications, or 25.9% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Sound Community Bank originated in Washington in 2025 was 8.19%, against a statewide median of 6.63%.
About this data. Figures are Sound Community Bank'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