Washington Trust Bank in Arizona vs the state
10.5%Denial rate-5.70 pts vs state
11.8%Decision denial rate-8.65 pts vs state
79.0%Origination rate+19.47 pts vs state
7.00%Median rate+0.50 pts vs state
0.37Rate spread (pts)+0.15 pts vs state
$201kMedian applicant income
15Loans originated
2Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 18 | 16 | 0.0% | 6.63% | #429 |
| 2024 | 17 | 12 | 5.9% | 7.31% | #415 |
| 2025 | 19 | 15 | 10.5% | 7.00% | #425 |
What Washington Trust Bank lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Washington Trust Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 16 | 13 | 1 | 6.3% |
| Pima County | 2 | 2 | 0 | 0.0% |
| Pinal County | 1 | 0 | 1 | 100.0% |
Other large lenders in Arizona
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 25,383 | 10.2% | 6.25% |
| Rocket Mortgage | C | 17,947 | 15.6% | 6.75% |
| Desert Financial Credit Union | B | 16,970 | 24.3% | 6.49% |
| Crosscountry Mortgage | B | 7,570 | 3.8% | 6.58% |
| Fairway Independent Mortgage | B | 6,729 | 5.6% | 6.63% |
| Bank of America | F | 6,229 | 32.2% | 6.24% |
| Loandepot.Com | D | 6,180 | 16.1% | 5.99% |
| Pennymac Loan Services | C | 5,838 | 11.7% | 6.62% |
| Nova Financial & Investment | C | 5,380 | 16.2% | 6.49% |
| Freedom Mortgage | B | 4,991 | 7.0% | 6.00% |
Frequently asked questions
Arizona: 19 applications in 2025, of which 15 were originated and 2 denied.
10.5% of all applications, or 11.8% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Washington Trust Bank originated in Arizona in 2025 was 7.00%, against a statewide median of 6.50%.
About this data. Figures are Washington Trust Bank's own HMDA filing for properties located in Arizona, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology