Washington Financial Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
45th11.0% deniedProcesswithdrawn + incomplete share, weight 15%
77th5.4%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 458 | 352 | 14.2% | 15.3% | 6.50% | $96M |
| 2024 | 262 | 189 | 14.1% | 15.9% | 7.00% | $59M |
| 2025 | 221 | 182 | 10.4% | 11.0% | — | $61M |
What Washington Financial Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 7 manufactured homes, 15 investment properties.
Why Washington Financial Bank denies applications
Primary reason reported for each of the 23 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Washington Financial Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 54 | 36 | 21.3% |
| $100k – $150k | 36 | 31 | 8.8% |
| $150k – $250k | 53 | 48 | 1.9% |
| Over $250k | 42 | 40 | 2.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 38 | 34 | 10.5% |
| 35–44 | 49 | 44 | 6.1% |
| 45–54 | 42 | 34 | 15.0% |
| 55–64 | 35 | 25 | 10.3% |
| 65–74 | 24 | 20 | 13.0% |
Where Washington Financial Bank lends
4 states and 15 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Pennsylvania | 218 | 179 | 10.6% | — | #261 |
Frequently asked questions
Washington Financial Bank denied 11.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 45th percentile of small mortgage lenders.
The most common reason Washington Financial Bank gave in 2025 was "debt-to-income ratio", cited on 43.5% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
In 2025, 45% of its applications were for home purchases, 15% for refinancing (including cash-out), and 40% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.