Kitsap County, Washington · 2025

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

369 lenders acted on 11,746 mortgage applications for properties in Kitsap County in 2025. 13.9% were denied (Washington: 15.7%). Median rate on closed loans 6.62%; median loan $355,000; median property value $565,000.

12kApplications
13.9%Denial ratestate 15.7%
6.62%Median ratestate 6.63%
$355,000Median loan
$565,000Median property value

Largest lenders in Kitsap County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Navy Federal Credit Union D 866452 19.9%7.65%
2 KITSAP Credit Union D 840495 22.9%7.25%
3 United Shore Financial Services B 677523 6.1%6.09%
4 Rocket Mortgage C 623462 13.3%6.63%
5 Boeing Employees Credit Union B 501297 27.0%6.49%
6 Evergreen Moneysource Mortgage B 380293 0.0%6.75%
7 Crosscountry Mortgage B 377256 3.2%6.63%
8 Movement Mortgage A 316250 4.8%6.63%
9 Newrez D 312185 5.8%6.25%
10 Mortgage Research Center C 292135 17.8%6.13%
11 Bank of America F 238108 27.7%6.00%
12 Freedom Mortgage B 232112 5.2%5.88%
13 Broker Solutions D 204132 7.8%6.75%
14 Pennymac Loan Services C 198120 8.1%6.50%
15 U.S. Bank D 188106 24.5%6.63%
16 Cornerstone First Mortgage C 171145 0.6%6.50%
17 CMG Mortgage A 167123 4.8%6.43%
18 Guild Mortgage A 164109 2.4%6.50%
19 Spring Eq D 15654 48.1%8.66%
20 Fairway Independent Mortgage B 135101 3.7%6.63%
21 Kitsap Bank D 12789 20.5%
22 Loandepot.Com D 12671 20.6%6.99%
23 Guaranteed Rate B 11674 2.6%6.55%
24 Umpqua Bank C 10266 22.6%7.63%
25 JPMorgan Chase Bank B 9754 7.2%6.50%

Best approval odds in Kitsap County

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

What Kitsap County borrowers applied for

By loan purpose

Home purchase 4,878 42% · 5.8% denied
Refinance 2,156 18% · 9.4% denied
Cash-out refinance 1,883 16% · 18.9% denied
Home improvement 1,301 11% · 24.4% denied
Other / HELOC 1,528 13% · 30.9% denied

By loan type

Conventional 8,375 71% · 15.7% denied
FHA 923 8% · 12.6% denied
VA 2,433 21% · 8.0% denied
USDA / RHS 15 0% · 20.0% denied

Why applications were denied

Debt-to-income ratio 540 34%
Credit history 288 18%
Collateral 261 16%
Incomplete application 222 14%
Other 188 12%
Unverifiable information 62 4%
Insufficient cash 29 2%
Employment history 12 1%

Kitsap County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20239,3615,83316.3%6.88%$305,000
202410,5606,61915.0%6.75%$335,000
202511,7467,28613.9%6.62%$355,000

Frequently asked questions

13.9% of applications in Kitsap County were denied in 2025, against 15.7% statewide in Washington.

Navy Federal Credit Union, with 866 applications in 2025 and a denial rate of 19.9%.

The median mortgage application in Kitsap County in 2025 was for $355,000; the median property value on originated loans was $565,000.