Washington Trust Bank in California vs the state
7.7%Denial rate-9.73 pts vs state
10.0%Decision denial rate-12.40 pts vs state
69.2%Origination rate+13.03 pts vs state
7.25%Median rate+0.63 pts vs state
0.56Rate spread (pts)+0.29 pts vs state
$1,303kMedian applicant income
9Loans originated
1Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 22 | 13 | 4.6% | 6.88% | #639 |
| 2024 | 16 | 15 | 0.0% | 8.00% | #658 |
| 2025 | 13 | 9 | 7.7% | 7.25% | #702 |
What Washington Trust Bank lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Washington Trust Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Riverside County | 4 | 4 | 0 | 0.0% |
| Los Angeles County | 4 | 2 | 1 | 25.0% |
| San Diego County | 1 | 1 | 0 | 0.0% |
| Marin County | 1 | 1 | 0 | 0.0% |
| Placer County | 1 | 0 | 0 | 0.0% |
| El Dorado County | 1 | 0 | 0 | 0.0% |
| Sonoma County | 1 | 1 | 0 | 0.0% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 13 applications in 2025, of which 9 were originated and 1 denied.
7.7% of all applications, or 10.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Washington Trust Bank originated in California in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are Washington Trust Bank's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology