Timberland Bank in Washington vs the state
13.2%Denial rate-2.46 pts vs state
17.2%Decision denial rate-2.34 pts vs state
62.9%Origination rate+1.85 pts vs state
8.00%Median rate+1.38 pts vs state
1.25Rate spread (pts)+1.06 pts vs state
$154kMedian applicant income
229Loans originated
48Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 477 | 315 | 15.1% | 7.00% | #93 |
| 2024 | 354 | 230 | 11.6% | 8.00% | #118 |
| 2025 | 364 | 229 | 13.2% | 8.00% | #128 |
What Timberland Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Timberland Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pierce County | 102 | 61 | 15 | 14.7% |
| Grays Harbor County | 52 | 32 | 10 | 19.2% |
| Thurston County | 46 | 35 | 1 | 2.2% |
| Lewis County | 44 | 27 | 8 | 18.2% |
| Kitsap County | 32 | 17 | 3 | 9.4% |
| Mason County | 23 | 19 | 0 | 0.0% |
| King County | 18 | 11 | 4 | 22.2% |
| Snohomish County | 9 | 7 | 1 | 11.1% |
| Cowlitz County | 8 | 4 | 0 | 0.0% |
| Clark County | 5 | 2 | 2 | 40.0% |
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: 364 applications in 2025, of which 229 were originated and 48 denied.
13.2% of all applications, or 17.2% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Timberland Bank originated in Washington in 2025 was 8.00%, against a statewide median of 6.63%.
About this data. Figures are Timberland 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