Waterstone Mortgage · Idaho · 2025

Waterstone Mortgage in Idaho: approval rate, denial rate and rates (2025)

Waterstone Mortgage took 429 mortgage applications in Idaho in 2025, ranking #54 of 595 lenders active in the state. It originated 81.4% of them and denied 3.0% (3.6% of the applications it decided), against a statewide denial rate of 14.5%.

429Applicationsin ID
3.6%Decision denial ratestate 17.5%
6.25%Median ratestate 6.63%
$355,000Median loanstate $265,000
$112MVolume16 counties

Waterstone Mortgage in Idaho vs the state

3.0%Denial rate-11.42 pts vs state
3.6%Decision denial rate-13.95 pts vs state
81.4%Origination rate+18.33 pts vs state
6.25%Median rate-0.38 pts vs state
0.28Rate spread (pts)+0.13 pts vs state
$102kMedian applicant income
349Loans originated
13Denied

Trend in Idaho

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232171850.5%6.38%#71
20242662142.3%6.63%#68
20254293493.0%6.25%#54

What Waterstone Mortgage lends in Idaho

By loan purpose

Home purchase 383 89% · 2.4% denied
Refinance 30 7% · 6.7% denied
Cash-out refinance 15 3% · 13.3% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 256 60% · 4.3% denied
FHA 131 31% · 1.5% denied
VA 42 10% · 0.0% denied

Why it denied Idaho applicants

Debt-to-income ratio 5 38%
Collateral 5 38%
Insufficient cash 2 15%
Employment history 1 8%

Where in Idaho

Counties with the most Waterstone Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Canyon County 1861518 4.3%
Ada County 1651324 2.4%
Gem County 25220 0.0%
Payette County 16120 0.0%
Elmore County 540 0.0%
Owyhee County 550 0.0%
Bannock County 531 20.0%
Washington County 430 0.0%
Bonneville County 430 0.0%
Custer County 440 0.0%

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: 429 applications in 2025, of which 349 were originated and 13 denied.

3.0% of all applications, or 3.6% of the applications it actually decided on. The Idaho statewide average across all lenders was 14.5%.

The median rate on loans Waterstone Mortgage originated in Idaho in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Waterstone Mortgage'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