Valon Mortgage in Washington vs the state
19.9%Denial rate+4.22 pts vs state
24.4%Decision denial rate+4.85 pts vs state
51.7%Origination rate-9.40 pts vs state
9.30%Median rate+2.68 pts vs state
3.26Rate spread (pts)+3.07 pts vs state
$109kMedian applicant income
78Loans originated
30Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 13 | 7 | 23.1% | 6.38% | #427 |
| 2025 | 151 | 78 | 19.9% | 9.30% | #214 |
What Valon Mortgage lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Valon Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Snohomish County | 22 | 12 | 3 | 13.6% |
| King County | 20 | 8 | 4 | 20.0% |
| Spokane County | 17 | 8 | 3 | 17.6% |
| Pierce County | 16 | 9 | 5 | 31.3% |
| Benton County | 11 | 4 | 5 | 45.5% |
| Kitsap County | 8 | 4 | 0 | 0.0% |
| Clark County | 7 | 4 | 2 | 28.6% |
| Thurston County | 6 | 2 | 2 | 33.3% |
| Franklin County | 6 | 4 | 0 | 0.0% |
| Skagit County | 4 | 3 | 0 | 0.0% |
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: 151 applications in 2025, of which 78 were originated and 30 denied.
19.9% of all applications, or 24.4% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Valon Mortgage originated in Washington in 2025 was 9.30%, against a statewide median of 6.63%.
About this data. Figures are Valon 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