Truist Bank · Washington · 2025

Truist Bank in Washington: approval rate, denial rate and rates (2025)

Truist Bank took 32 mortgage applications in Washington in 2025, ranking #338 of 822 lenders active in the state. It originated 65.6% of them and denied 3.1% (4.6% of the applications it decided), against a statewide denial rate of 15.7%.

32Applicationsin WA
4.6%Decision denial ratestate 19.5%
6.10%Median ratestate 6.63%
$525,000Median loanstate $335,000
$17MVolume13 counties

Truist Bank in Washington vs the state

3.1%Denial rate-12.52 pts vs state
4.6%Decision denial rate-14.99 pts vs state
65.6%Origination rate+4.57 pts vs state
6.10%Median rate-0.53 pts vs state
-0.14Rate spread (pts)-0.33 pts vs state
$245kMedian applicant income
21Loans originated
1Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023724516.7%6.38%#243
2024341711.8%6.49%#324
202532213.1%6.10%#338

What Truist Bank lends in Washington

By loan purpose

Home purchase 19 59% · 0.0% denied
Refinance 3 9% · 0.0% denied
Cash-out refinance 6 19% · 16.7% denied
Other / HELOC 4 13% · 0.0% denied

By loan type

Conventional 30 94% · 3.3% denied
FHA 1 3% · 0.0% denied
VA 1 3% · 0.0% denied

Why it denied Washington applicants

Debt-to-income ratio 1 100%

Where in Washington

Counties with the most Truist Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 13101 7.7%
Pierce County 320 0.0%
Clark County 300 0.0%
Snohomish County 220 0.0%
Cowlitz County 210 0.0%
Thurston County 210 0.0%
Benton County 110 0.0%
Columbia County 110 0.0%
Asotin County 100 0.0%
Douglas County 100 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: 32 applications in 2025, of which 21 were originated and 1 denied.

3.1% of all applications, or 4.6% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Truist Bank originated in Washington in 2025 was 6.10%, against a statewide median of 6.63%.

About this data. Figures are Truist 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