Tomo Mortgage in Washington vs the state
7.9%Denial rate-7.76 pts vs state
15.8%Decision denial rate-3.72 pts vs state
41.0%Origination rate-20.05 pts vs state
6.38%Median rate-0.25 pts vs state
-0.19Rate spread (pts)-0.38 pts vs state
$209kMedian applicant income
130Loans originated
25Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 21 | 15 | 0.0% | 6.63% | #372 |
| 2024 | 103 | 41 | 1.9% | 6.38% | #225 |
| 2025 | 317 | 130 | 7.9% | 6.38% | #141 |
What Tomo Mortgage lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Tomo Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 149 | 54 | 11 | 7.4% |
| Snohomish County | 50 | 19 | 6 | 12.0% |
| Pierce County | 21 | 7 | 2 | 9.5% |
| Spokane County | 17 | 11 | 1 | 5.9% |
| Kitsap County | 14 | 5 | 0 | 0.0% |
| Clark County | 9 | 5 | 0 | 0.0% |
| Whatcom County | 8 | 3 | 1 | 12.5% |
| Thurston County | 8 | 5 | 1 | 12.5% |
| Benton County | 7 | 1 | 1 | 14.3% |
| Chelan County | 6 | 3 | 1 | 16.7% |
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: 317 applications in 2025, of which 130 were originated and 25 denied.
7.9% of all applications, or 15.8% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Tomo Mortgage originated in Washington in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Tomo Mortgage'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