Washington Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Washington averaged 6.26% for the week of 2024-09-12, compared to the national average of 6.2% for the same period.

    The average rate for the prior week (2024-09-05) was 6.11% and one month ago for the week of 2024-08-08, the average rate was 6.33%.

    Washington's average rate one year ago was 7.08%.

    For refis of the same type during the week of 2024-09-12, the average rate was 6.59%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-09-12 6.2%
    Washington 30 Year Fixed Rate 2024-09-12 6.26%
    Washington 30 Year Fixed Rate Refi 2024-09-12 6.59%
    Washington 15 Year Fixed Rate 2024-09-12 5.41%
    Washington 15 Year Fixed Rate Refi 2024-09-12 5.98%
    Washington 30 Year FHA 2024-09-12 5.88%
    Washington 30 Year FHA Refi 2024-09-12 5.6%
    Washington 30 Year USDA 2024-09-12 5.54%
    Washington 30 Year USDA Refi 2024-09-12 6.16%
    Washington 30 Year VA 2024-09-12 5.19%
    Washington 30 Year VA Refi 2024-09-12 5%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Washington.

    Washington Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Washington market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 3,747 6.65% $9,580
    QUICKEN LOANS, LLC 3,499 6.67% $8,242
    MOVEMENT MORTGAGE, LLC 2,350 6.90% $10,724
    Boeing Employees Credit Union 2,184 6.29% $6,421
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2,064 6.81% $8,097
    CROSSCOUNTRY MORTGAGE, LLC 1,986 6.94% $9,555
    GUILD MORTGAGE COMPANY 1,838 6.84% $9,222
    U.S. Bank 1,496 6.37% $6,886
    AMERICAN PACIFIC MORTGAGE CORPORATION 1,475 6.85% $10,246
    CMG MORTGAGE, INC. 1,461 6.78% $8,840
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1,367 6.92% $10,722
    Wells Fargo Bank 1,302 6.09% $5,898
    JPMorgan Chase Bank 1,229 6.46% $5,940
    ACADEMY MORTGAGE CORPORATION 1,083 6.81% $11,529
    CORNERSTONE HOME LENDING, INC. 843 6.95% $11,046
    Bank of America 747 6.17% $6,812
    DHI MORTGAGE COMPANY, LTD. 734 5.94% $4,493
    BAY EQUITY LLC 680 6.70% $9,287
    PNC Bank 655 6.26% $6,196
    LOANDEPOT.COM, LLC 607 6.46% $8,991
    CALIBER HOME LOANS, INC. 582 6.59% $7,239
    BROKER SOLUTIONS, INC. 581 6.94% $9,895
    KeyBank 579 6.30% $6,924
    HOMEBRIDGE FINANCIAL SERVICES, INC. 550 6.34% $9,793
    1st Security Bank of Washington 520 6.60% $11,259
    GUARANTEED RATE, INC. 491 6.73% $7,895
    PENNYMAC LOAN SERVICES, LLC 463 6.56% $9,091
    HomeStreet Bank 453 6.71% $8,911
    EAGLE HOME MORTGAGE, LLC 446 5.85% $10,831
    WASHINGTON STATE EMPLOYEES Credit Union 421 6.19% $4,680
    NFM, INC. 411 6.83% $9,788
    NEWREZ LLC 408 7.16% $8,432
    Umpqua Bank 402 6.65% $8,093
    Banner Bank 371 6.73% $7,541
    SAMMAMISH MORTGAGE COMPANY 352 6.50% $7,367
    PREMIER MORTGAGE RESOURCES, L.L.C. 352 6.78% $10,646
    CARDINAL FINANCIAL 338 6.81% $10,880
    PROVIDENT FUNDING ASSOCIATES, L.P. 329 6.46% $6,890
    Washington Federal Bank 318 6.69% $17,273
    Morgan Stanley Private Bank 315 5.86% $4,657
    FIRST TECHNOLOGY 314 6.52% $5,385
    Sunflower Bank 313 6.62% $8,447
    PENRITH HOME LOANS LLC 280 6.80% $8,759
    Alaska USA Federal Credit Union 274 6.37% $6,420
    SPOKANE TEACHERS 264 6.81% $6,647
    GESA 261 6.78% $6,852
    American Mortgage & Equity Consultants, Inc. 254 6.90% $10,479
    PRIMELENDING, A PLAINSCAPITAL COMPANY 253 6.62% $11,549
    NAVY FEDERAL CREDIT UNION 246 6.28% $5,548
    Peoples Bank 228 6.85% $8,153
    Washington Trust Bank 217 6.63% $5,748
    CHURCHILL MORTGAGE CORPORATION 208 6.91% $8,880
    Citibank 207 5.82% $6,178
    Flagstar Bank, FSB 189 6.76% $8,036
    Mr. Cooper ( Nationstar Mortgage ) 189 6.63% $12,120
    NexBank 183 6.83% $8,623
    PRIORITY HOME LENDING, LLC 181 6.98% $10,621
    AXIA FINANCIAL, LLC 174 6.64% $10,232
    WHATCOM EDUCATIONAL CREDIT UNION 170 6.38% $5,616
    SUMMIT FUNDING, INC. 169 6.87% $9,285
    MANN FINANCIAL INC. 168 6.80% $9,567
    Wheatland Bank 161 6.59% $8,514
    OnPoint Community Credit Union 160 6.69% $4,753
    NBKC BANK 158 6.50% $5,356
    BETTER MORTGAGE CORPORATION 155 6.12% $8,736
    Paramount Residential Mortgage Group, Inc. 154 7.19% $9,338
    NUMERICA CREDIT UNION 151 6.94% $8,643
    COLUMBIA COMMUNITY CREDIT UNION 148 6.15% $5,484
    Glacier Bank 148 6.50% $8,475
    HSBC BANK USA, NATIONAL ASSOCIATION 148 6.12% $6,084
    T2 FINANCIAL LLC 145 6.85% $9,799
    LEADERONE FINANCIAL CORPORATION 143 6.97% $8,188
    ON Q FINANCIAL, INC. 131 6.86% $10,541
    KBHS HOME LOANS, LLC 130 6.11% $10,580
    Northpointe Bank 127 6.74% $7,520
    MUTUAL OF OMAHA MORTGAGE, INC. 127 6.69% $9,328
    ENVOY MORTGAGE, LTD 126 6.66% $8,503
    INSPIRE HOME LOANS INC. 122 6.32% $6,848
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 121 6.98% $10,756
    Sierra Pacific Mortgage Company, Inc. 120 6.74% $9,508
    HAPO COMMUNITY CREDIT UNION 120 6.64% $7,589
    BMO Harris Bank 119 6.32% $6,683
    DIRECTORS MORTGAGE, INC. 117 7.01% $13,673
    Charles Schwab Bank, SSB 115 5.67% $4,687
    East West Bank 114 6.10% $5,426
    First National Bank of America 112 9.80% $14,176
    South Pacific Financial Corporation 112 6.20% $5,186
    The Loan Store, Inc. 110 6.97% $10,596
    AMERISAVE MORTGAGE CORPORATION 108 6.33% $11,689
    PULTE MORTGAGE LLC 108 5.82% $2,514
    NOVA FINANCIAL & INVESTMENT CORPORATION 105 6.83% $7,724
    Ixonia Bank 105 6.86% $11,139
    IDAHO CENTRAL 103 6.60% $7,042
    NATIONS DIRECT MORTGAGE, LLC 102 6.99% $9,714
    MLD MORTGAGE INC. 100 6.75% $9,654
    Prosperity Home Mortgage, LLC 100 6.43% $8,313
    USAA Federal Savings Bank 99 6.65% $7,644
    EVERETT FINANCIAL, INC. 98 6.66% $10,997
    Century Mortgage Company DBA Century Lending Company 98 6.68% $7,650
    SUMMIT MORTGAGE CORPORATION 97 6.85% $9,355
    PRIMARY RESIDENTIAL MORTGAGE, INC. 96 6.93% $6,732
    TRISTAR FINANCE, INC. 96 6.74% $7,152
    Olympia Federal Savings & Loan Association 96 5.09% $5,043
    HOMEAMERICAN MORTGAGE CORPORATION 94 6.03% $2,701
    SOUND 94 6.31% $5,938
    The Huntington National Bank 87 6.69% $8,319
    Willamette Valley Bank 87 6.74% $9,838
    Yakima Federal Savings and Loan Association 86 6.02% $4,834
    ZILLOW HOME LOANS, LLC 84 6.58% $7,381
    DAS Acquisition Company, LLC 84 7.03% $10,122
    FREEDOM MORTGAGE CORPORATION 83 6.87% $10,452
    UBS Bank USA 81 6.06% $6,712
    Seattle Metropolitan Credit Union 79 7.40% $7,661
    GENEVA FINANCIAL, LLC 77 7.09% $12,180
    iQ Credit Union 77 6.81% $3,801
    MASON MCDUFFIE MORTGAGE CORPORATION 76 6.92% $9,028
    TWINSTAR 72 6.62% $4,257
    RED CANOE CREDIT UNION 72 6.15% $16,488
    HOMESIDE FINANCIAL, LLC 71 6.50% $8,493
    Sound Community Bank 68 7.08% $6,587
    Mortgage Research Center, LLC 67 6.59% $5,973
    Solarity Credit Union 66 6.52% $4,455
    Cashmere Valley Bank 65 6.99% $6,425
    CANOPY MORTGAGE, LLC 64 6.89% $12,321
    MORTGAGE EXPRESS, LLC 64 6.94% $6,794
    MOUNTAIN AMERICA 63 6.77% $12,773
    Zions Bank 63 6.11% $5,240
    FIBRE FEDERAL CREDIT UNION 61 6.31% $6,111
    Timberland Bank 60 6.79% $7,077
    Ally Bank 58 6.21% $8,773
    First Federal Savings and Loan Association of Port Angeles 57 6.69% $5,055
    Bank of the Pacific 57 6.40% $8,394
    NMSI, INC. 57 6.57% $7,797
    Citadel Servicing Corporation 56 8.86% $12,887
    AMERICAN FINANCIAL NETWORK, INC. 55 6.77% $10,488
    Heritage Bank 53 6.16% $8,391
    ARC HOME LLC 53 7.50% $9,292
    O BEE 53 6.95% $6,163
    TBI MORTGAGE COMPANY 53 5.94% $9,703
    First-Citizens Bank & Trust Company 52 5.83% $6,315
    GUARANTEED RATE AFFINITY, LLC 51 6.99% $7,744
    NEXERA HOLDING LLC 50 8.28% $14,933
    CU HOME MORTGAGE SOLUTIONS, LLC 49 6.28% $5,144
    PLANET HOME LENDING, LLC 49 6.71% $8,267
    AMCAP MORTGAGE, LTD. 48 6.89% $10,986
    RESIDENTIAL MORTGAGE, LLC 47 6.31% $8,067
    HORIZON 47 7.20% $6,010
    The Federal Savings Bank 47 7.07% $14,096
    First Republic Bank 45 4.88% $5,379
    S1L, Inc. 45 6.99% $8,156
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 44 7.24% $9,847
    Cornerstone First Mortgage, Inc 44 6.75% $7,919
    Stifel Bank and Trust 43 5.97% $4,378
    Plains Commerce Bank 43 6.71% $9,085
    GUIDANCE RESIDENTIAL, LLC 42 6.78% $11,149
    Potlatch No. 1 Financial Credit Union 41 6.50% $5,110
    LO, INC. 41 6.68% $6,039
    PREMIA MORTGAGE, LLC 40 6.50% $2,645
    V.I.P. MORTGAGE, INC. 38 7.03% $8,688
    UNION HOME MORTGAGE CORP. 38 6.98% $7,324
    Cathay Bank 37 6.38% $4,509
    RESIDENTIAL WHOLESALE MORTGAGE, INC. 36 6.89% $5,738
    PREMIER LENDING, INC. 35 5.91% $6,513
    LAKEVIEW LOAN SERVICING, LLC 35 6.52% $9,531
    Citizens Bank 34 6.47% $6,468
    Bank of England 34 6.95% $7,992
    Truist 34 6.44% $6,993
    Commerce Home Mortgage, Inc. 34 7.75% $11,569
    CALCON MUTUAL MORTGAGE LLC 33 6.64% $16,787
    KITSAP Credit Union 33 6.17% $6,318
    LENDSURE MORTGAGE CORP. 33 8.27% $18,063
    America's Credit Union 32 6.55% $5,603
    Wallick & Volk, Inc. 32 6.79% $7,437
    General Mortgage Capital Corporation 32 6.94% $7,521
    DEEPHAVEN MORTGAGE LLC 31 8.50% $13,977
    LPMC, LLC 30 6.91% $5,815
    RBC Bank, (Georgia) 29 5.88% $4,733
    OCMBC, INC. 28 8.37% $17,291
    DIAMOND RESIDENTIAL MORTGAGE CORPORATION 28 7.03% $6,520
    MORTGAGE SOLUTIONS OF COLORADO, LLC 28 7.16% $13,704
    MEMBER FIRST MORTGAGE, LLC 28 5.88% $9,008
    FIRST CENTENNIAL MORTGAGE CORPORATION 28 6.76% $5,418
    HOMEXPRESS MORTGAGE CORP. 27 8.60% $14,491
    Raymond James Bank 27 5.55% $4,030
    PACIFIC RESIDENTIAL MORTGAGE, LLC 27 7.25% $9,270
    INTERNATIONAL CITY MORTGAGE, INC. 26 6.63% $9,712
    Northwest Farm Credit Services, FLCA 26 7.17% $8,981
    Baker Boyer National Bank 25 6.70% $7,309
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 25 7.07% $11,084
    SALAL 24 6.42% $6,079
    Discover Bank 24 6.61% $0
    Qualstar Credit Union 24 7.02% $4,792
    PENTAGON FEDERAL CREDIT UNION 24 6.22% $6,082
    MEGASTAR FINANCIAL CORP. 24 6.27% $14,381
    Farmers Bank & Trust 23 6.42% $5,379
    AMERICAN FINANCING CORPORATION 23 6.55% $9,752
    City National Bank 22 6.14% $7,220
    UIF CORPORATION 22 7.39% $6,032
    PLAZA HOME MORTGAGE, INC. 21 7.03% $11,536
    ADVANCIAL 21 7.87% $12,901
    Bethpage Federal Credit Union 21 6.19% $4,863
    SIRVA MORTGAGE, INC. 21 6.60% $1,528
    HOMEOWNERS FINANCIAL GROUP USA, LLC 21 6.93% $9,751
    LOANPAL, LLC 21 6.45% $9,567
    Barrington Bank & Trust Company, N.A. 20 6.82% $8,438
    The Central Trust Bank 19 6.16% $6,254
    PANORAMA MORTGAGE GROUP, LLC 19 6.69% $16,052
    MORTGAGE LENDING GROUP LLC 19 6.58% $10,479
    FIRST CONTINENTAL MORTGAGE, LTD. 19 6.79% $6,331
    DIGITAL Federal Credit Union 19 5.47% $4,979
    Carrington Mortgage Services, LLC 19 6.22% $9,199
    ROYAL UNITED MORTGAGE LLC 18 6.76% $11,211
    Evolve Bank & Trust 18 6.00% $5,161
    NorthWest Plus Credit Union 18 6.62% $5,454
    GSF Mortgage Corporation 17 6.53% $6,429
    Goldman Sachs Bank USA 17 5.59% $5,539
    NATIONAL COOPERATIVE BANK, N.A. 16 6.77% $4,564
    SeaTrust Mortgage Company 16 6.76% $9,813
    Shea Mortgage Inc. 16 6.91% $3,869
    Unitus Community Credit Union 16 6.98% $5,070
    WINGS FINANCIAL 16 5.91% $4,160
    ALLIANT CREDIT UNION 16 6.27% $6,239
    LADERA LENDING, INC. 16 6.80% $7,398
    KINECTA 16 6.34% $12,023
    CITYWIDE HOME LOANS, LLC 16 6.23% $7,592
    PHH Mortgage Corporation 16 6.84% $10,010
    BNC National Bank 16 5.95% $6,560
    North American Savings Bank, F.S.B. 15 7.28% $5,319
    Axos Bank 15 6.69% $16,183
    LAND HOME FINANCIAL SERVICES, INC. 15 7.27% $6,426
    Luther Burbank Savings 15 6.93% $8,643
    EMBRACE HOME LOANS, INC. 15 6.89% $8,890
    United Fidelity Funding Corp. 15 6.86% $18,500
    Golden Empire Mortgage, Inc. 14 6.72% $9,122
    GUARANTY HOME MORTGAGE CORPORATION 14 6.87% $8,134
    First Interstate Bank 14 6.37% $5,641
    Summit Mortgage Corporation 14 6.57% $8,098
    Loan Simple, Inc. 13 5.56% $9,911
    DRAPER AND KRAMER MORTGAGE CORP. 13 6.86% $8,175
    21ST MORTGAGE CORPORATION 13 7.98% $3,895
    Rivermark Community Credit Union 13 6.96% $3,758
    SECURITYNATIONAL MORTGAGE COMPANY 13 7.36% $9,252
    Gateway First Bank 13 6.66% $7,573
    Waterstone Mortgage Corporation 12 6.76% $10,675
    Strong Home Mortgage, LLC 12 6.51% $4,999
    Opportunity Bank of Montana 11 6.57% $6,275
    ADVANTIS 11 6.58% $4,984
    BNY Mellon 11 6.03% $5,026
    OAKTREE FUNDING CORP. 11 8.15% $17,966
    JMAC LENDING, INC. 11 7.17% $9,586
    TJC Mortgage, Inc. 11 6.72% $16,635
    CHERRY CREEK MORTGAGE, LLC 11 6.38% $1,076
    FIRST COLONY MORTGAGE CORPORATION 10 7.14% $6,077
    Neighborhood Loans, Inc. 10 7.37% $8,384
    ANGEL OAK MORTGAGE SOLUTIONS LLC 10 8.72% $19,776
    BAY-VALLEY MORTGAGE GROUP 10 7.39% $9,907
    AmeriHome Mortgage Company, LLC 10 6.89% $11,895
    HighTechLending Inc 9 7.29% $15,918
    First Federal Bank 9 6.72% $6,126
    AMERICAN INTERNET MORTGAGE, INC. 9 5.89% $9,664
    TOP FLITE FINANCIAL, INC. 9 6.69% $11,920
    ONY GLO, INC. 9 6.64% $5,650
    Nations Lending Corporation 9 6.46% $6,984
    TRIAD FINANCIAL SERVICES, INC. 9 8.01% $6,928
    STAR ONE CREDIT UNION 9 6.31% $3,885
    First Savings Bank 9 6.68% $4,659
    Ameris Bank 8 6.36% $8,772
    NuVision Federal Credit Union 8 6.38% $11,188
    SUN WEST MORTGAGE COMPANY, INC. 8 6.68% $15,045
    NP, Inc. 7 8.96% $24,444
    NEW WAVE LENDING GROUP INC 7 7.11% $9,409
    Servion, Inc. 7 6.64% $4,250
    NETWORK CAPITAL FUNDING CORPORATION 7 6.23% $11,121
    BM Real Estate Services, Inc. 7 6.89% $8,500
    REDWOOD RESIDENTIAL ACQUISITION CORPORATION 7 7.38% $11,326
    MICHIGAN MUTUAL, INC. 7 6.50% $9,487
    CRESCENT MORTGAGE COMPANY 7 6.80% $6,977
    MORTGAGE ACCESS CORP. 7 7.11% $13,936
    Coastal Community Bank 7 6.23% $8,143
    NATIONWIDE MORTGAGE BANKERS, INC. 6 7.19% $8,791
    Armed Forces Bank 6 6.63% $5,244
    Bell Bank 6 6.69% $7,860
    Equity Prime Mortgage LLC 6 6.92% $10,913
    HARBORSTONE 6 7.42% $6,156
    JMJ FINANCIAL GROUP 6 8.19% $7,924
    MID AMERICA MORTGAGE, INC. 6 6.83% $8,397
    MORIA DEVELOPMENT, INC. 6 6.48% $10,501
    OREGON COMMUNITY 6 7.06% $6,626
    RESIDENTIAL BANCORP 6 7.23% $11,235
    STANFORD Federal Credit Union 6 6.15% $4,229
    VAN DYK MORTGAGE CORPORATION 6 6.98% $1,519
    Third Federal Savings and Loan Association of Cleveland 5 5.78% $2,042
    FIRST COMMUNITY MORTGAGE, INC. 5 7.18% $8,421
    Lakeview Community Capital, LLC 5 6.08% $8,175
    Toyota Financial Savings Bank 5 6.32% $12,891
    RANLIFE, INC. 5 6.90% $12,348
    Seattle Bank 5 5.80% $11,704
    ALAMEDA MORTGAGE CORPORATION 5 7.13% $7,713
    U S WIDE FINANCIAL LLC 5 6.70% $6,598
    M&T Bank 5 6.35% $7,448
    VERITAS FUNDING, LLC 5 7.15% $9,675
    KELLER MORTGAGE, LLC 5 5.95% $5,064
    FUNDLOANS CAPITAL 5 8.93% $14,942
    CIBC Bank USA 5 5.55% $5,878
    AMERICAN HERITAGE LENDING, INC. 5 9.20% $15,601
    Pacific NW Federal Credit Union 5 6.35% $3,783
    Old National Bank 5 6.28% $5,230
    Franklin Loan Corporation 4 5.97% $9,606
    Stride Bank 4 7.06% $10,662
    CITY FIRST MORTGAGE SERVICES, L.L.C. 4 7.31% $6,197
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 4 6.93% $8,751
    Arvest Bank 4 7.03% $6,269
    SPOKANE FIREFIGHTERS CREDIT UNION 4 7.41% $5,179
    RELIANCE FIRST CAPITAL, LLC 4 7.16% $9,759
    FBC MORTGAGE, LLC 4 7.03% $8,551
    Quontic Bank 4 8.88% $10,681
    Heritage Bank 4 6.16% $7,066
    Baxter Credit Union 4 6.38% $7,872
    Amalgamated Bank 4 5.63% $6,518
    TOGETHER CREDIT UNION 4 6.39% $3,347
    THRIVE MORTGAGE, LLC 4 6.19% $12,197
    Watermark Capital, Inc. 4 6.91% $7,288
    THE MORTGAGE LINK, INC. 4 7.37% $10,679
    GEO-CORP, INC. 4 7.44% $15,200
    CHEVRON 4 6.78% $3,582
    Pinnacle Bank 3 6.88% $6,230
    BOKF 3 6.63% $6,622
    THRIVENT Federal Credit Union 3 6.33% $8,419
    PENINSULA COMMUNITY 3 7.46% $6,367
    INFINITY EQUITY GROUP, INC. 3 7.04% $6,886
    First Horizon Bank 3 6.79% $4,264
    COMMUNITY MORTGAGE FUNDING, LLC 3 7.13% $6,114
    The Northern Trust Company 3 6.17% $3,873
    First Western Trust Bank 3 6.00% $4,239
    MORTGAGE EQUITY PARTNERS LLC 3 6.96% $9,103
    Leader Bank 3 6.54% $9,986
    Florida Capital Bank 3 6.17% $6,668
    BKCO MORTGAGE, LLC 3 6.04% $8,915
    Bank of Idaho 3 6.88% $5,406
    Gate City Bank 3 6.04% $6,387
    Bank-Fund Staff Federal Credit Union 3 5.83% $7,023
    FIRST COMMUNITY 3 6.42% $3,326
    Wauna Federal Credit Union 3 6.96% $7,544
    TOTAL MORTGAGE SERVICES, LLC 3 6.38% $8,424
    PLUS RELOCATION MORTGAGE, LLC 3 6.54% $7,701
    Academy Bank 3 6.33% $5,411
    MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION 2 6.81% $6,763
    MOUNTAIN WEST FINANCIAL, INC. 2 6.88% $6,807
    MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION 2 7.38% $5,409
    Luxury Mortgage Corp. 2 7.81% $15,393
    LOANLEADERS OF AMERICA, INC. 2 6.75% $10,626
    NASA Federal Credit Union 2 6.63% $11,672
    LENOX FINANCIAL MORTGAGE CORPORATION 2 6.25% $9,618
    Network Funding, L.P. 2 6.31% $11,058
    Johnson Bank 2 6.25% $4,115
    HOMESTEAD FUNDING CORP. 2 6.06% $575
    HOMESTAR FINANCIAL CORPORATION 2 7.06% $5,857
    Northwest Federal Credit Union 2 6.44% $2,609
    HOME FUNDING CORPORATION 2 7.13% $17,230
    GREENSTATE CREDIT UNION 2 7.19% $4,173
    GOOGAIN, INC. 2 7.31% $11,764
    Operating Engineers Local Union #3 2 6.75% $3,956
    GARDNER FINANCIAL SERVICES, LTD. 2 7.13% $9,435
    Wyndham Capital Mortgage, Inc. 2 6.38% $5,159
    Pacific Lending LLC 2 6.79% $11,486
    FOUNDATION MORTGAGE CORPORATION 2 9.06% $14,656
    People's Community Federal Credit Union 2 6.50% $2,785
    First United Bank and Trust Company 2 6.31% $4,128
    Platinum Home Mortgage Corporation 2 6.50% $8,821
    First National Bank of Omaha 2 6.56% $4,843
    FirstBank 2 6.56% $5,696
    First Bank 2 7.31% $6,382
    Fifth Third Bank 2 6.75% $11,770
    Fidelity Bank 2 6.19% $4,299
    Ross Mortgage Company, Inc. 2 6.31% $8,498
    DIRECT MORTGAGE, CORP. 2 6.88% $7,729
    DELMAR FINANCIAL COMPANY 2 7.00% $4,640
    Deere Employees Credit Union 2 6.13% $4,264
    COMMUNITYAMERICA 2 7.13% $5,149
    Colonial Savings, F.A. 2 6.56% $11,171
    SOVEREIGN LENDING GROUP INCORPORATED 2 6.19% $17,017
    CLIFFCO, INC. 2 7.31% $10,609
    State Department Federal Credit Union 2 7.06% $7,646
    CITIZENS EQUITY FIRST 2 5.31% $9,587
    CANOPY 2 7.00% $4,707
    BELEM SERVICING LLC 2 7.06% $9,784
    TIB The Independent Bankersbank 2 6.75% $14,028
    BECKAM FUNDING CORP. 2 8.44% $12,938
    Bank of the West 2 5.81% $4,414
    Bank of Hope 2 6.94% $4,915
    UMB Bank 2 6.87% $2,507
    Victorian Finance, LLC 2 6.68% $5,620
    AMERICAN FINANCE HOUSE LARIBA 2 7.13% $7,662
    American Airlines Federal Credit Union 2 5.50% $0
    ALLIED MORTGAGE GROUP, INC. 2 6.31% $5,793
    WESCOM CENTRAL CREDIT UNION 2 7.06% $4,663
    A&D Mortgage LLC 2 9.56% $22,810
    Advisors Mortgage Group, L.L.C. 1 5.99% $3,793
    CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 5.25% $4,056
    Consolidated Federal Credit Union 1 5.75% $10,887
    First Internet Bank of Indiana 1 6.13% $4,842
    KEYPOINT 1 6.38% $5,125
    Comerica Bank 1 7.00% $3,561
    AMERICAN FIRST 1 6.25% $4,946
    Southwest Airlines Federal Credit Union 1 7.25% $6,247
    Warsaw Federal Savings and Loan Association 1 7.35% $4,021
    First Merchants Bank 1 6.38% $4,492
    AMERICAN FINANCIAL RESOURCES, INC. 1 7.63% $3,342
    First National Bank Texas 1 7.63% $4,510
    City National Bank of Florida 1 6.50% $4,050
    MK LENDING CORP. 1 6.50% $22,998
    First State Bank of St. Charles, Missouri 1 5.88% $7,753
    FLAT BRANCH MORTGAGE, INC. 1 7.50% $3,349
    City Bank 1 8.13% $9,272
    Metro City Bank 1 7.00% $8,747
    FOUR POINTS 1 5.63% $4,366
    Christian Community Credit Union 1 7.00% $8,239
    Origin Bank 1 8.00% $3,403
    CASTPARTS EMPLOYEES 1 6.75% $3,393
    Keystone Funding, Inc. 1 7.88% $9,203
    Cache Valley Bank 1 6.00% $0
    TEACHERS 1 6.25% $4,011
    Byline Bank 1 6.63% $4,601
    OREGONIANS CREDIT UNION 1 6.75% $3,515
    GENISYS 1 6.25% $4,401
    NBH Bank 1 6.63% $3,009
    ONE NEVADA CREDIT UNION 1 5.13% $10,799
    Gold Coast Bank 1 6.88% $8,270
    Goldwater Bank, N.A. 1 6.25% $11,298
    GoPrime Mortgage, Inc. 1 6.88% $7,329
    Oakstar Bank 1 7.49% $3,569
    LAFAYETTE FEDERAL CREDIT UNION 1 6.75% $3,709
    BEEHIVE 1 7.25% $9,175
    MORTGAGE CAPITAL PARTNERS, INC. 1 6.62% $4,586
    Grand Bank for Savings, FSB 1 8.75% $4,418
    Hawthorn Bank 1 5.88% $8,216
    Notre Dame Federal Credit Union Corporation 1 6.75% $5,803
    HomePromise Corporation 1 7.63% $17,828
    Bank of Whittier 1 6.75% $4,877
    ML Mortgage Corp. 1 8.00% $4,632
    Bank of Springfield 1 6.50% $4,263
    Truity Federal Credit Union 1 6.75% $10,090
    TRUWEST Credit Union 1 7.25% $3,784
    IAA Credit Union 1 7.00% $3,338
    LIBERTY HOME MORTGAGE CORPORATION 1 7.00% $5,203
    NJ LENDERS CORP. 1 8.63% $3,506
    AHL FUNDING 1 7.38% $22,290
    BANC ONE MORTGAGE CORPORATION 1 5.88% $3,405
    UNIFY FINANCIAL Credit Union 1 5.45% $0
    Atlantic Union Bank 1 6.50% $5,167
    UNITED 1 7.13% $5,905
    Nicolet National Bank 1 6.13% $3,226
    ANGEL OAK HOME LOANS LLC 1 8.38% $10,368
    AmRes Corporation 1 9.12% $18,686
    AMERITRUST MORTGAGE CORPORATION 1 10.88% $31,396
    ILLINOIS STATE CREDIT UNION 1 6.25% $3,260
    Independent Bank 1 7.13% $5,794
    Utah Power 1 5.88% $3,920
    Uwharrie Bank 1 7.00% $7,223
    Valley National Bank 1 5.50% $4,695
    5TH STREET CAPITAL, INC. 1 9.99% $15,783
    F&A Federal Credit Union 1 6.25% $2,199
    EVANSVILLE TEACHERS 1 6.63% $3,949
    Enterprise Bank & Trust 1 4.75% $10,594
    Encompass Lending Group, LP 1 7.38% $8,328
    EMM LOANS LLC 1 6.50% $11,181
    FEDEX EMPLOYEES CREDIT ASSOCIATION 1 6.00% $11,760
    Republic Bank & Trust Company 1 5.50% $38,911
    Access Bank 1 6.50% $4,296
    Elements Financial Federal Credit Union 1 7.50% $4,854
    EASTMAN 1 5.75% $4,564
    Eagle Bank and Trust Company 1 6.75% $4,745
    INTERSTATE HOME LOAN CENTER, INC. 1 8.38% $10,514
    EagleBank 1 6.13% $10,006
    RUOFF MORTGAGE COMPANY, INC. 1 7.50% $3,959
    DUPACO COMMUNITY 1 6.00% $5,642
    D. L. Evans Bank 1 6.13% $7,655
    Veritex Community Bank 1 6.63% $10,488
    Directions Credit Union, Inc. 1 6.38% $0
    Firefighters First Federal Credit Union 1 5.63% $0
    DIGNIFIED HOME LOANS, LLC 1 6.13% $13,124
    Deseret First Credit Union 1 6.13% $7,365
    SECURITY SERVICE 1 5.63% $2,520
    VERITY 1 8.00% $2,844

    Washington Average Closing Costs & Other Stats

    Washington's 484 lenders originated 136,866 loans during 2023. The total origination value was $56,738,470,000, with an average loan value of $414,555.

    Washington's average closing costs are $6,215.

    The top Washington lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 3,747 loans originated. Their average total fees are $9,580, which is $1,338 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Washington lenders (with over 10 loans originated) are Discover Bank ($0), CHERRY CREEK MORTGAGE, LLC ($1,076), SIRVA MORTGAGE, INC. ($1,528), PULTE MORTGAGE LLC ($2,514) and PREMIA MORTGAGE, LLC ($2,645).

    The lowest rate Washington lenders (with over 10 loans originated) are First Republic Bank (4.88%), Olympia Federal Savings & Loan Association (5.09%), DIGITAL Federal Credit Union (5.47%), Raymond James Bank (5.55%) and Loan Simple, Inc. (5.56%).

    Washington Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    Boeing Employees Credit Union $4,674,210,000 $3,331,435,000 -28.7% 5.9%
    UNITED WHOLESALE MORTGAGE, LLC $3,257,000,000 $2,967,010,000 -8.9% 5.2%
    QUICKEN LOANS, LLC $3,779,915,000 $2,220,235,000 -41.3% 3.9%
    MOVEMENT MORTGAGE, LLC $1,058,000,000 $1,782,070,000 68.4% 3.1%
    Wells Fargo Bank $3,429,675,000 $1,560,860,000 -54.5% 2.8%
    CROSSCOUNTRY MORTGAGE, LLC $2,195,915,000 $1,548,030,000 -29.5% 2.7%
    U.S. Bank $2,373,775,000 $1,527,060,000 -35.7% 2.7%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $3,152,180,000 $1,517,110,000 -51.9% 2.7%
    JPMorgan Chase Bank $2,529,165,000 $1,363,835,000 -46.1% 2.4%
    GUILD MORTGAGE COMPANY $1,980,930,000 $1,302,510,000 -34.2% 2.3%
    Bank of America $1,882,995,000 $1,168,650,000 -37.9% 2.1%
    CMG MORTGAGE, INC. $463,260,000 $1,083,710,000 133.9% 1.9%
    PNC Bank $1,704,315,000 $1,033,265,000 -39.4% 1.8%
    AMERICAN PACIFIC MORTGAGE CORPORATION $966,775,000 $1,013,215,000 4.8% 1.8%
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY $1,484,010,000 $988,990,000 -33.4% 1.7%
    ACADEMY MORTGAGE CORPORATION $1,414,940,000 $758,790,000 -46.4% 1.3%
    Umpqua Bank $2,796,945,000 $650,935,000 -76.7% 1.1%
    Banner Bank $999,275,000 $623,780,000 -37.6% 1.1%
    CORNERSTONE HOME LENDING, INC. $845,375,000 $620,595,000 -26.6% 1.1%
    DHI MORTGAGE COMPANY, LTD. $466,930,000 $605,780,000 29.7% 1.1%
    KeyBank $3,766,230,000 $561,420,000 -85.1% 1.0%
    LOANDEPOT.COM, LLC $1,800,700,000 $521,930,000 -71.0% 0.9%
    1st Security Bank of Washington $770,620,000 $496,450,000 -35.6% 0.9%
    Mortgage Research Center, LLC $715,630,000 $492,760,000 -31.1% 0.9%
    PENNYMAC LOAN SERVICES, LLC $846,735,000 $480,735,000 -43.2% 0.8%
    HomeStreet Bank $1,275,760,000 $463,410,000 -63.7% 0.8%
    Citibank $656,505,000 $459,065,000 -30.1% 0.8%
    NAVY FEDERAL CREDIT UNION $669,300,000 $456,920,000 -31.7% 0.8%
    BAY EQUITY LLC $606,990,000 $456,865,000 -24.7% 0.8%
    Washington Federal Bank $953,315,000 $450,210,000 -52.8% 0.8%
    WASHINGTON STATE EMPLOYEES Credit Union $547,740,000 $448,295,000 -18.2% 0.8%
    BROKER SOLUTIONS, INC. $661,000,000 $429,500,000 -35.0% 0.8%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $1,726,625,000 $413,825,000 -76.0% 0.7%
    CALIBER HOME LOANS, INC. $4,174,765,000 $406,890,000 -90.3% 0.7%
    WALKER & DUNLOP, LLC $697,380,000 $385,725,000 -44.7% 0.7%
    GUARANTEED RATE, INC. $526,795,000 $380,400,000 -27.8% 0.7%
    FIRST TECHNOLOGY $1,192,380,000 $367,765,000 -69.2% 0.6%
    EAGLE HOME MORTGAGE, LLC $416,115,000 $352,700,000 -15.2% 0.6%
    Washington Trust Bank $623,525,000 $352,395,000 -43.5% 0.6%
    BERKADIA COMMERCIAL MORTGAGE LLC $425,110,000 $351,275,000 -17.4% 0.6%
    NEWREZ LLC $214,685,000 $331,705,000 54.5% 0.6%
    Prudential Huntoon Paige Associates, LLC $63,975,000 $324,820,000 407.7% 0.6%
    NFM, INC. $444,090,000 $314,840,000 -29.1% 0.6%
    CBRE MULTIFAMILY CAPITAL, INC. $188,065,000 $311,645,000 65.7% 0.5%
    Alaska USA Federal Credit Union $195,275,000 $305,325,000 56.4% 0.5%
    Morgan Stanley Private Bank $511,380,000 $300,010,000 -41.3% 0.5%
    SPOKANE TEACHERS $699,650,000 $292,880,000 -58.1% 0.5%
    CARDINAL FINANCIAL $386,720,000 $289,780,000 -25.1% 0.5%
    PREMIER MORTGAGE RESOURCES, L.L.C. $332,440,000 $282,910,000 -14.9% 0.5%
    Heritage Bank $905,000 $274,570,000 30,239.2% 0.5%
    GESA $595,275,000 $258,315,000 -56.6% 0.5%
    JONES LANG LASALLE MULTIFAMILY, LLC $90,980,000 $232,810,000 155.9% 0.4%
    Peoples Bank $2,060,000 $222,665,000 10,709.0% 0.4%
    M&T Realty Capital Corporation $38,645,000 $222,340,000 475.3% 0.4%
    SAMMAMISH MORTGAGE COMPANY $192,260,000 $218,955,000 13.9% 0.4%
    BERKELEY POINT CAPITAL LLC $165,245,000 $209,995,000 27.1% 0.4%
    NUMERICA CREDIT UNION $487,685,000 $203,005,000 -58.4% 0.4%
    The Northwestern Mutual Life Insurance Company $156,885,000 $194,520,000 24.0% 0.3%
    iQ Credit Union $271,685,000 $190,160,000 -30.0% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $325,500,000 $187,365,000 -42.4% 0.3%
    Sunflower Bank $252,795,000 $183,430,000 -27.4% 0.3%
    Flagstar Bank, FSB $758,675,000 $179,030,000 -76.4% 0.3%
    COLUMBIA COMMUNITY CREDIT UNION $213,290,000 $175,695,000 -17.6% 0.3%
    PROVIDENT FUNDING ASSOCIATES, L.P. $157,485,000 $175,430,000 11.4% 0.3%
    PENRITH HOME LOANS LLC $273,650,000 $175,140,000 -36.0% 0.3%
    American Mortgage & Equity Consultants, Inc. $4,925,000 $172,190,000 3,396.2% 0.3%
    HSBC BANK USA, NATIONAL ASSOCIATION $123,935,000 $169,825,000 37.0% 0.3%
    FREEDOM MORTGAGE CORPORATION $553,545,000 $168,165,000 -69.6% 0.3%
    WHATCOM EDUCATIONAL CREDIT UNION $263,620,000 $165,545,000 -37.2% 0.3%
    Paramount Residential Mortgage Group, Inc. $335,880,000 $163,015,000 -51.5% 0.3%
    Timberland Bank $232,890,000 $158,785,000 -31.8% 0.3%
    MUTUAL OF OMAHA MORTGAGE, INC. $171,060,000 $157,205,000 -8.1% 0.3%
    First Federal Savings and Loan Association of Port Angeles $364,720,000 $150,295,000 -58.8% 0.3%
    Grandbridge Real Estate Capital LLC $37,650,000 $150,295,000 299.2% 0.3%
    RAIN CITY CAPITAL, LLC $168,280,000 $149,750,000 -11.0% 0.3%
    East West Bank $397,150,000 $148,190,000 -62.7% 0.3%
    SUMMIT FUNDING, INC. $223,765,000 $146,700,000 -34.4% 0.3%
    Mr. Cooper ( Nationstar Mortgage ) $512,875,000 $142,050,000 -72.3% 0.3%
    NBKC BANK $201,980,000 $140,835,000 -30.3% 0.2%
    Metropolitan Life Insurance Co $404,135,000 $137,505,000 -66.0% 0.2%
    MANN FINANCIAL INC. $200,995,000 $137,185,000 -31.7% 0.2%
    Charles Schwab Bank, SSB $298,040,000 $136,395,000 -54.2% 0.2%
    BMO Harris Bank