Verity · Washington · 2025

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

Verity took 271 mortgage applications in Washington in 2025, ranking #162 of 822 lenders active in the state. It originated 52.8% of them and denied 25.5% (32.6% of the applications it decided), against a statewide denial rate of 15.7%.

271Applicationsin WA
32.6%Decision denial ratestate 19.5%
7.99%Median ratestate 6.63%
$105,000Median loanstate $335,000
$22MVolume18 counties

Verity in Washington vs the state

25.5%Denial rate+9.81 pts vs state
32.6%Decision denial rate+13.01 pts vs state
52.8%Origination rate-8.29 pts vs state
7.99%Median rate+1.37 pts vs state
0.76Rate spread (pts)+0.57 pts vs state
$142kMedian applicant income
143Loans originated
69Denied

Trend in Washington

YearApplicationsOriginatedDenial rateMedian rateRank in state
202337821028.0%8.50%#107
202426116630.3%8.99%#146
202527114325.5%7.99%#162

What Verity lends in Washington

By loan purpose

Home purchase 17 6% · 41.2% denied
Refinance 42 15% · 26.2% denied
Cash-out refinance 5 2% · 20.0% denied
Home improvement 134 49% · 23.1% denied
Other / HELOC 73 27% · 26.0% denied

By loan type

Conventional 271 100% · 25.5% denied

Why it denied Washington applicants

Other 24 35%
Debt-to-income ratio 23 33%
Credit history 14 20%
Collateral 6 9%
Unverifiable information 1 1%
Employment history 1 1%

Where in Washington

Counties with the most Verity applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
King County 1488830 20.3%
Snohomish County 502512 24.0%
Pierce County 29188 27.6%
Clark County 421 25.0%
Kitsap County 330 0.0%
Jefferson County 311 33.3%
Kittitas County 201 50.0%
Skagit County 220 0.0%
Thurston County 210 0.0%
Benton County 201 50.0%

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: 271 applications in 2025, of which 143 were originated and 69 denied.

25.5% of all applications, or 32.6% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.

The median rate on loans Verity originated in Washington in 2025 was 7.99%, against a statewide median of 6.63%.

About this data. Figures are Verity'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