T2 Financial in Washington vs the state
7.2%Denial rate-8.48 pts vs state
8.0%Decision denial rate-11.58 pts vs state
76.5%Origination rate+15.43 pts vs state
6.63%Median rate0.00 pts vs state
0.24Rate spread (pts)+0.05 pts vs state
$125kMedian applicant income
192Loans originated
18Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 305 | 245 | 5.6% | 6.88% | #123 |
| 2024 | 382 | 292 | 6.3% | 6.88% | #114 |
| 2025 | 251 | 192 | 7.2% | 6.63% | #169 |
What T2 Financial lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most T2 Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pierce County | 82 | 63 | 6 | 7.3% |
| King County | 58 | 45 | 5 | 8.6% |
| Kitsap County | 19 | 19 | 0 | 0.0% |
| Snohomish County | 16 | 12 | 1 | 6.3% |
| Thurston County | 16 | 14 | 1 | 6.3% |
| Mason County | 14 | 6 | 3 | 21.4% |
| Clark County | 11 | 7 | 0 | 0.0% |
| Lewis County | 9 | 7 | 1 | 11.1% |
| Clallam County | 6 | 5 | 0 | 0.0% |
| Spokane County | 4 | 2 | 1 | 25.0% |
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: 251 applications in 2025, of which 192 were originated and 18 denied.
7.2% of all applications, or 8.0% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans T2 Financial originated in Washington in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are T2 Financial'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