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Franklin County, Washington · 2025

Mortgage lenders in Franklin County, WA: denial rates and top lenders (2025)

191 lenders acted on 3,301 mortgage applications for properties in Franklin County in 2025. 17.5% were denied (Washington: 15.7%). Median rate on closed loans 6.63%; median loan $265,000; median property value $425,000.

3.3kApplications
17.5%Denial ratestate 15.7%
6.63%Median ratestate 6.63%
$265,000Median loan
$425,000Median property value

Largest lenders in Franklin County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Gesa D 355240 20.6%7.50%
2 Numerica Credit Union D 22591 51.1%8.00%
3 United Shore Financial Services B 161121 11.2%6.13%
4 1st Security Bank of Washington B 156119 3.2%6.13%
5 Rocket Mortgage C 145113 11.7%6.63%
6 CMG Mortgage A 139111 2.9%6.50%
7 Primelending, a Plainscapital A 12198 1.7%6.38%
8 Umpqua Bank C 11470 29.0%7.00%
9 Hapo Community Credit Union D 10458 18.3%7.38%
10 Crosscountry Mortgage B 8047 6.3%6.75%
11 Banner Bank D 7748 22.1%6.88%
12 Dhi Mortgage Company B 7459 4.1%5.50%
13 Spokane Teachers D 6033 23.3%8.24%
14 Premier Mortgage Resources B 6047 3.3%6.75%
15 Freedom Mortgage B 5920 6.8%6.19%
16 Summit Funding C 5039 2.0%6.88%
17 Broker Solutions D 4530 2.2%6.94%
18 Pennymac Loan Services C 4427 6.8%7.50%
19 U.S. Bank D 4312 55.8%7.48%
20 Yakima Federal Savings and Loan Association B 4333 7.0%6.88%
21 Tri-Cities Community Federal Credit Union – 4320 4.7%—
22 American Pacific Mortgage C 4030 7.5%6.44%
23 Nationstar Mortgage C 3927 18.0%8.25%
24 Newrez D 3912 20.5%6.93%
25 Loandepot.Com D 3726 8.1%6.60%

Best approval odds in Franklin County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Primelending, a Plainscapital1051.9%
2CMG Mortgage1253.2%
31st Security Bank of Washington1264.0%
4Premier Mortgage Resources504.0%
5Dhi Mortgage Company634.8%
6Crosscountry Mortgage549.3%
7Rocket Mortgage13512.6%
8United Shore Financial Services14212.7%
9Hapo Community Credit Union9220.7%
10Gesa31523.2%

What Franklin County borrowers applied for

By loan purpose

Home purchase 1,409 43% · 6.5% denied
Refinance 401 12% · 17.7% denied
Cash-out refinance 710 22% · 19.6% denied
Home improvement 387 12% · 40.8% denied
Other / HELOC 394 12% · 30.2% denied

By loan type

Conventional 2,479 75% · 19.4% denied
FHA 606 18% · 11.7% denied
VA 201 6% · 11.9% denied
USDA / RHS 15 0% · 13.3% denied

Why applications were denied

Debt-to-income ratio 249 43%
Credit history 117 20%
Incomplete application 75 13%
Collateral 50 9%
Other 43 7%
Unverifiable information 26 5%
Insufficient cash 10 2%
Employment history 6 1%

Franklin County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,6281,57621.3%7.13%$215,000
20243,0921,91918.1%6.88%$255,000
20253,3012,01617.5%6.63%$265,000

Frequently asked questions

17.5% of applications in Franklin County were denied in 2025, against 15.7% statewide in Washington.

Gesa, with 355 applications in 2025 and a denial rate of 20.6%.

The median mortgage application in Franklin County in 2025 was for $265,000; the median property value on originated loans was $425,000.