Lender in Washington · HMDA 2025
Rate mortgages in Washington
Rate's 2025 home-purchase and refinance lending in Washington, compared with all lenders in the state.
Rate originated 1,485 owner-occupied single-family loans in Washington from 1,549 completed applications, making it the state's #15 lender by volume.
Its median conventional purchase loan costs were $6,390 versus $6,530 for all Washington lenders, at a median 30-year fixed rate of 6.625% (Washington: 6.625%).
Loans in WA
1,485
of 1,549 applications
Denial rate
2.5%
Purchase · WA 5.9%
Rate spread
+0.17 pts
Conv. · WA +0.10 pts
Loan amount
$515,000
Purchase · WA $495,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 1,186 | 1,145 | 2.5% | 6.625% | +0.17 pts | $6,390 | $515,000 |
| Refinance | 275 | 261 | 3.3% | 6.375% | −0.01 pts | $4,830 | $615,000 |
| Cash-out refinance | 88 | 79 | 9.1% | 6.875% | +0.23 pts | $5,190 | $415,000 |
*Conventional loans only; medians with at least 20 loans.
Washington counties where Rate ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Clark County | 6 | 195 | 2.7% |
| Pacific County | 8 | 7 | 2.4% |
| Spokane County | 12 | 179 | 2.4% |
| Skamania County | 12 | 4 | 2.5% |
| Grays Harbor County | 14 | 18 | 1.7% |
| Pierce County | 15 | 200 | 1.5% |
| Pend Oreille County | 15 | 3 | 1.9% |
| King County | 16 | 473 | 1.8% |
| Thurston County | 16 | 65 | 1.5% |
| Cowlitz County | 16 | 27 | 1.6% |
| Asotin County | 16 | 6 | 2.0% |
| Whitman County | 17 | 5 | 1.2% |
| Lewis County | 19 | 13 | 1.1% |
| San Juan County | 19 | 2 | 1.5% |
| Chelan County | 20 | 11 | 1.3% |
| Jefferson County | 20 | 4 | 1.2% |
| Island County | 21 | 14 | 1.1% |
| Snohomish County | 22 | 125 | 1.1% |
| Kitsap County | 22 | 55 | 1.3% |
| Lincoln County | 23 | 3 | 1.7% |
| Garfield County | 23 | 1 | 3.0% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology