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Washington Trust Bank 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, Washington Trust Bank reported 1,287 applications and 805 originations for 2024, $340m in all.
Its denial rate in the state was 24.6%, above the Washington rate of 21.3% across all lenders and compared with the lender's national rate of 24.7%.
The median rate spread on its Washington originations was 0.5 percentage points (state median 0.4).
Applications in the state were about level with 2023.
Compared with the state and the lender's national record
| Measure | In Washington | Washington, all lenders | Washington Trust Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 24.6% | 21.3% | 24.7% | 24.3% |
| Median rate spread, pp | 0.5 | 0.4 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 7.5% | 15.8% | 6.6% | 15.6% |
| Average originated loan | $422k | $440k | $433k | $329k |
| Home purchase share | 29.7% | 54.5% | 31.6% | 57.0% |
| FHA-insured share | 2.0% | 9.9% | 2.1% | 13.4% |
| VA-guaranteed share | 1.0% | 8.6% | 1.1% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateWashington, all lenders
Loan purpose and loan type in Washington
By purpose
Home purchase 30% (239)Home improvement 16% (129)Refinancing 13% (103)Cash-out refinancing 20% (159)Other purpose 22% (175)
By type
Conventional 97% (781)FHA 2% (16)VA 1% (8)
Denial reasons as coded
Share of 267 denials in Washington by first denial reason coded (outlined bar: all lenders in the state).
Counties in Washington
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Spokane County | 710 | 443 | $126m | 24.6% |
| King County | 177 | 127 | $121m | 12.2% |
| Grant County | 94 | 53 | $16m | 37.2% |
| Chelan County | 47 | 24 | $3.7m | 42.9% |
| Benton County | 29 | 19 | $5.3m | — |
| Whitman County | 28 | 19 | $5.4m | 26.9% |
| Stevens County | 30 | 18 | $3.5m | 33.3% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Washington Trust Bank originate in Washington in 2024?
805 loans totalling $340m, from 1,287 applications reported for properties in Washington.
What is Washington Trust Bank's denial rate in Washington?
24.6% of decided applications in Washington were denied, against 21.3% for all lenders in the state and 24.7% 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 Washington Trust Bank lend in most?
By originations: Spokane County (443), King County (127), Grant County (53), Chelan County (24), Benton County (19).
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 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.