Washington Federal Bank in Washington vs the state
12.8%Denial rate-2.87 pts vs state
19.3%Decision denial rate-0.21 pts vs state
50.7%Origination rate-10.40 pts vs state
7.50%Median rate+0.88 pts vs state
0.37Rate spread (pts)+0.18 pts vs state
$178kMedian applicant income
115Loans originated
29Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,849 | 794 | 19.3% | 7.50% | #33 |
| 2024 | 1,453 | 643 | 19.8% | 7.75% | #42 |
| 2025 | 227 | 115 | 12.8% | 7.50% | #178 |
What Washington Federal Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Washington Federal Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| King County | 61 | 33 | 5 | 8.2% |
| Snohomish County | 31 | 16 | 6 | 19.4% |
| Whatcom County | 19 | 11 | 1 | 5.3% |
| Island County | 14 | 8 | 2 | 14.3% |
| Kitsap County | 12 | 7 | 0 | 0.0% |
| Skagit County | 11 | 3 | 3 | 27.3% |
| Chelan County | 11 | 4 | 3 | 27.3% |
| Pierce County | 11 | 6 | 2 | 18.2% |
| Grant County | 9 | 4 | 0 | 0.0% |
| San Juan County | 8 | 5 | 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: 227 applications in 2025, of which 115 were originated and 29 denied.
12.8% of all applications, or 19.3% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Washington Federal Bank originated in Washington in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are Washington Federal 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