Lenders › Network Capital Funding Corporation › Washington
Network Capital Funding Corporation in Washington
HMDA record for properties in Washington, calendar year 2024. National record · Washington overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Washington, Network Capital Funding Corporation reported 411 applications and 27 originations for 2024, $9.8m in all.
Its denial rate in the state was 63.2%, above the Washington rate of 21.3% across all lenders and compared with the lender's national rate of 60.4%.
The median rate spread on its Washington originations was 0.2 percentage points (state median 0.4).
Applications in the state were down 19% on 2023.
Compared with the state and the lender's national record
| Measure | In Washington | Washington, all lenders | Network Capital Funding Corporation, all states | United States |
|---|---|---|---|---|
| Denial rate | 63.2% | 21.3% | 60.4% | 24.3% |
| Median rate spread, pp | 0.2 | 0.4 | 0.2 | 0.3 |
| Originations with spread of 1.5 pp or more | 3.7% | 15.8% | 5.3% | 15.6% |
| Average originated loan | $363k | $440k | $345k | $329k |
| Home purchase share | 0.0% | 54.5% | 5.5% | 57.0% |
| FHA-insured share | 25.9% | 9.9% | 22.3% | 13.4% |
| VA-guaranteed share | 22.2% | 8.6% | 19.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateWashington, all lenders
Loan purpose and loan type in Washington
By purpose
Refinancing 11% (3)Cash-out refinancing 89% (24)
By type
Conventional 52% (14)FHA 26% (7)VA 22% (6)
Denial reasons as coded
Share of 55 denials in Washington by first denial reason coded (outlined bar: all lenders in the state).
Counties in Washington
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Snohomish County | 60 | 4 | $1.3m | — |
| Pierce County | 49 | 4 | $2.3m | — |
| King County | 88 | 3 | $1.5m | — |
| Clark County | 31 | 2 | $820k | — |
| Kitsap County | 30 | 1 | $235k | — |
| Spokane County | 29 | 1 | $225k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Network Capital Funding Corporation originate in Washington in 2024?
27 loans totalling $9.8m, from 411 applications reported for properties in Washington.
What is Network Capital Funding Corporation's denial rate in Washington?
63.2% of decided applications in Washington were denied, against 21.3% for all lenders in the state and 60.4% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Washington counties does Network Capital Funding Corporation lend in most?
By originations: Snohomish County (4), Pierce County (4), King County (3), Clark County (2), Kitsap County (1).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Washington. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.