Washington Trust Bank · Idaho · 2025

Washington Trust Bank in Idaho: approval rate, denial rate and rates (2025)

Washington Trust Bank took 468 mortgage applications in Idaho in 2025, ranking #49 of 595 lenders active in the state. It originated 61.8% of them and denied 24.6% (28.1% of the applications it decided), against a statewide denial rate of 14.5%.

468Applicationsin ID
28.1%Decision denial ratestate 17.5%
7.50%Median ratestate 6.63%
$235,000Median loanstate $265,000
$115MVolume21 counties

Washington Trust Bank in Idaho vs the state

24.6%Denial rate+10.12 pts vs state
28.1%Decision denial rate+10.60 pts vs state
61.8%Origination rate-1.27 pts vs state
7.50%Median rate+0.88 pts vs state
0.54Rate spread (pts)+0.38 pts vs state
$132kMedian applicant income
289Loans originated
115Denied

Trend in Idaho

YearApplicationsOriginatedDenial rateMedian rateRank in state
202348530924.1%8.50%#35
202444828623.4%8.50%#41
202546828924.6%7.50%#49

What Washington Trust Bank lends in Idaho

By loan purpose

Home purchase 92 20% · 26.1% denied
Refinance 37 8% · 13.5% denied
Cash-out refinance 124 26% · 24.2% denied
Home improvement 109 23% · 24.8% denied
Other / HELOC 106 23% · 27.4% denied

By loan type

Conventional 451 96% · 23.7% denied
FHA 10 2% · 60.0% denied
VA 7 1% · 28.6% denied

Why it denied Idaho applicants

Debt-to-income ratio 57 50%
Credit history 32 28%
Collateral 12 10%
Other 6 5%
Unverifiable information 2 2%
Employment history 2 2%
Insufficient cash 2 2%
Incomplete application 2 2%

Where in Idaho

Counties with the most Washington Trust Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kootenai County 1307729 22.3%
Ada County 1147431 27.2%
Bonner County 866212 14.0%
Canyon County 542521 38.9%
Latah County 28233 10.7%
Valley County 1053 30.0%
Elmore County 816 75.0%
Boise County 724 57.1%
Nez Perce County 751 14.3%
Payette County 412 50.0%

Other large lenders in Idaho

LenderGradeApplicationsDenial rateMedian rate
Idaho Central Credit UnionA 15,64416.5%7.00%
Rocket MortgageC 4,39113.3%6.63%
United Shore Financial ServicesB 3,9439.1%6.12%
Premier Mortgage ResourcesB 2,5042.7%6.25%
Mountain America Federal Credit UnionD 2,32337.7%7.24%
Guild MortgageA 2,3203.4%6.50%
U.S. BankD 2,16128.6%7.35%
Loandepot.ComD 1,62214.2%6.50%
Glacier BankD 1,50714.5%6.88%
Pennymac Loan ServicesC 1,29710.8%6.50%

Frequently asked questions

Idaho: 468 applications in 2025, of which 289 were originated and 115 denied.

24.6% of all applications, or 28.1% of the applications it actually decided on. The Idaho statewide average across all lenders was 14.5%.

The median rate on loans Washington Trust Bank originated in Idaho in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Washington Trust Bank's own HMDA filing for properties located in Idaho, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology