Washington Trust Bank in Washington vs the state
17.5%Denial rate+1.89 pts vs state
20.8%Decision denial rate+1.25 pts vs state
66.1%Origination rate+5.02 pts vs state
7.50%Median rate+0.88 pts vs state
0.35Rate spread (pts)+0.16 pts vs state
$131kMedian applicant income
972Loans originated
258Denied
Trend in Washington
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,296 | 831 | 18.2% | 8.25% | #49 |
| 2024 | 1,287 | 805 | 20.8% | 8.25% | #45 |
| 2025 | 1,471 | 972 | 17.5% | 7.50% | #45 |
What Washington Trust Bank lends in Washington
By loan purpose
By loan type
Why it denied Washington applicants
Where in Washington
Counties with the most Washington Trust Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Spokane County | 745 | 479 | 141 | 18.9% |
| King County | 244 | 183 | 19 | 7.8% |
| Grant County | 111 | 71 | 27 | 24.3% |
| Pierce County | 54 | 32 | 16 | 29.6% |
| Chelan County | 43 | 20 | 15 | 34.9% |
| Stevens County | 36 | 19 | 9 | 25.0% |
| Whitman County | 36 | 26 | 5 | 13.9% |
| Douglas County | 30 | 21 | 5 | 16.7% |
| Clark County | 27 | 21 | 3 | 11.1% |
| Benton County | 26 | 22 | 2 | 7.7% |
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: 1,471 applications in 2025, of which 972 were originated and 258 denied.
17.5% of all applications, or 20.8% of the applications it actually decided on. The Washington statewide average across all lenders was 15.7%.
The median rate on loans Washington Trust Bank originated in Washington 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 Washington, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology