# Timberland Bank

> **Canonical URL:** https://saferate.com/lenders/timberland-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Timberland Bank is a bank, headquartered in Hoquiam, WA, serving borrowers across 3 states, with 145 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 60% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 60% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 254900MKY47WU65N1J56
- **Headquarters:** Hoquiam, WA
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** AZ, OR, WA
- **Markets (MSAs):** 4
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 40/100
- Rating: ●●○○○ (2/5)

### Pull Through: Acceptable 🙂
- Score: 40/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.193%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,927
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 145
- **Dollar Volume:** $77 million
- **Applications Received:** 244
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $527,828
- **Average Borrower Income:** $265,083
- **Average Property Value:** $903,966

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 39/100 | 130 | +0.193% | $1,927 | Acceptable 🙂 |
| Jumbo | 62/100 | 15 | - | - | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 111 loans, Score: 41/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 41/100 | 126 | $71M | +0.296% | Sound ☺️ |
| Refinance | 29/100 | 19 | $6M | +0.108% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WA | 143 | 0.17% | 75/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 55 | 51/100 |
| Tacoma | WA | 37 | 68/100 |
| Bremerton | WA | 14 | 53/100 |
| Olympia | WA | 12 | 50/100 |

## Where This Lender Ranks

Timberland Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#12** in Bremerton for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/bremerton/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#12** in Olympia for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/olympia/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#15** in Tacoma Banks
  - [View Full Rankings](https://saferate.com/tacoma/best-mortgage-lenders/banks)
- 🏆 **#15** in Tacoma for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/tacoma/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does Timberland Bank offer?

Timberland Bank offers the following mortgage loan types: Conventional, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Timberland Bank offer mortgages?

Timberland Bank offers mortgages in 3 states: AZ, OR, WA.

### How competitive are Timberland Bank's mortgage rates?

Timberland Bank has a pricing score of 40/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.193% above market average.

### What type of lender is Timberland Bank?

Timberland Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Hoquiam, WA.

### What is Timberland Bank's loan approval success rate?

Timberland Bank has a pull-through score of 40/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/timberland-bank

### How to Cite

> "Timberland Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/timberland-bank

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