Teachers Federal Credit Union · Washington · 2025

Teachers Federal Credit Union in Washington: approval rate, denial rate and rates (2025)

Teachers Federal Credit Union took 20 mortgage applications in Washington in 2025, ranking #390 of 822 lenders active in the state. It originated 60.0% of them and denied 5.0% (7.7% of the applications it decided), against a statewide denial rate of 15.7%.

20Applicationsin WA
7.7%Decision denial ratestate 19.5%
5.63%Median ratestate 6.63%
$935,000Median loanstate $335,000
$13MVolume4 counties

Teachers Federal Credit Union in Washington vs the state

5.0%Denial rate-10.65 pts vs state
7.7%Decision denial rate-11.85 pts vs state
60.0%Origination rate-1.06 pts vs state
5.63%Median rate-1.00 pts vs state
0.03Rate spread (pts)-0.16 pts vs state
$250kMedian applicant income
12Loans originated
1Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
20241060.0%5.88%#457
202520125.0%5.63%#390

What Teachers Federal Credit Union lends in Washington

By loan purpose

Home purchase 8 40% · 12.5% denied
Refinance 9 45% · 0.0% denied
Other / HELOC 3 15% · 0.0% denied

By loan type

Conventional 20 100% · 5.0% denied

Why it denied Washington applicants

Debt-to-income ratio 1 100%

Where in Washington

Counties with the most Teachers Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 1380 0.0%
Snohomish County 320 0.0%
Clark County 311 33.3%
Kitsap County 110 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: 20 applications in 2025, of which 12 were originated and 1 denied.

5.0% of all applications, or 7.7% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Teachers Federal Credit Union originated in Washington in 2025 was 5.63%, against a statewide median of 6.63%.

About this data. Figures are Teachers Federal Credit Union'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