# WASHINGTON FEDERAL BANK

> **Canonical URL:** https://saferate.com/lenders/washington-federal-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


WASHINGTON FEDERAL BANK is a bank, headquartered in Seattle, WA, serving borrowers across 8 states, with 690 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 87% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 72% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** D38AC76TAMYI50NBPX33
- **Headquarters:** Seattle, WA
- **Geographic Reach:** Multi-Region
- **States Served:** 8
- **State List:** AZ, CA, ID, NM, NV, OR, UT, WA
- **Markets (MSAs):** 19
- **Primary Channel:** mix
- **Direct Origination:** 71.6%
- **Brokered/Wholesale:** 28.4%

## Safe Rate Ratings

### Pricing: Mediocre 😐
- Score: 13/100
- Rating: ●○○○○ (1/5)

### Pull Through: Acceptable 🙂
- Score: 28/100
- Rating: ●●○○○ (2/5)

### Pricing Details
- **Average Rate Spread:** +0.434%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $4,643
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 690
- **Dollar Volume:** $520 million
- **Applications Received:** 1,645
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $753,319
- **Average Borrower Income:** $256,945
- **Average Property Value:** $1,347,536

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 61/100 | 508 | +0.407% | $4,689 | Strong 😀 |
| Jumbo | 81/100 | 182 | +0.820% | $3,980 | Exceptional 🤩 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 471 loans, Score: 61/100 (Strong)
- Refinance: 37 loans, Score: 40/100 (Acceptable)

**Jumbo:**
- Purchase: 177 loans, Score: 83/100 (Exceptional)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 63/100 | 648 | $503M | +0.417% | Strong 😀 |
| Refinance | 38/100 | 42 | $17M | +0.563% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WA | 284 | 0.33% | 79/100 |
| OR | 94 | 0.22% | 67/100 |
| AZ | 90 | 0.09% | 63/100 |
| ID | 56 | 0.21% | 59/100 |
| UT | 56 | 0.12% | 59/100 |
| NV | 44 | 0.11% | 58/100 |
| CA | 35 | 0.01% | 47/100 |
| NM | 31 | 0.15% | 55/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 138 | 58/100 |
| Seattle | WA | 75 | 67/100 |
| Las Vegas | NV | 42 | 59/100 |
| Everett, WA | WA | 40 | 64/100 |
| Phoenix | AZ | 39 | 54/100 |
| Portland | OR-WA | 35 | 55/100 |
| Boise City, ID | ID | 34 | 56/100 |
| Tucson, AZ | AZ | 26 | 54/100 |
| Bellingham, WA | WA | 25 | 59/100 |
| Salt Lake City | UT | 25 | 53/100 |
| Salem, OR | OR | 18 | 53/100 |
| Mount Vernon | WA | 16 | 58/100 |
| Wenatchee | WA | 15 | 54/100 |
| Tacoma | WA | 13 | 46/100 |
| Los Angeles | CA | 12 | 41/100 |

## Where This Lender Ranks

WASHINGTON FEDERAL BANK appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Wenatchee for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/wenatchee/best-mortgage-lenders/banks/jumbo-loans)
- 🥉 **#3** in Wenatchee for Jumbo Loans
  - [View Full Rankings](https://saferate.com/wenatchee/best-mortgage-lenders/jumbo-loans)
- 🏆 **#4** in Bellingham, WA for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/bellingham-wa/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#6** in Wenatchee for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/wenatchee/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#6** in Bremerton for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/bremerton/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#7** in Bellingham, WA Banks
  - [View Full Rankings](https://saferate.com/bellingham-wa/best-mortgage-lenders/banks)
- 🏆 **#7** in Mount Vernon for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/mount-vernon/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#8** in Bellingham, WA for Jumbo Loans
  - [View Full Rankings](https://saferate.com/bellingham-wa/best-mortgage-lenders/jumbo-loans)
- 🏆 **#11** in Idaho for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/idaho/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#11** in Everett, WA for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/everett-wa/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#11** in Bellingham, WA for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/bellingham-wa/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#11** in Salem, OR for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/salem-or/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#12** in Oregon for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/oregon/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#13** in Boise City, ID Banks
  - [View Full Rankings](https://saferate.com/boise-city-id/best-mortgage-lenders/banks)
- 🏆 **#13** in Boise City, ID for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/boise-city-id/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#13** in Bremerton for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/bremerton/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#13** in Bremerton for Jumbo Loans
  - [View Full Rankings](https://saferate.com/bremerton/best-mortgage-lenders/jumbo-loans)
- 🏆 **#14** in Bend, OR for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/bend-or/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#16** in Oregon Banks
  - [View Full Rankings](https://saferate.com/oregon/best-mortgage-lenders/banks)
- 🏆 **#16** in Oregon for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/oregon/best-mortgage-lenders/banks/conventional-loans)

## Frequently Asked Questions

### What loan types does WASHINGTON FEDERAL BANK offer?

WASHINGTON FEDERAL 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 WASHINGTON FEDERAL BANK offer mortgages?

WASHINGTON FEDERAL BANK offers mortgages in 8 states: AZ, CA, ID, NM, NV, OR, UT, WA.

### How competitive are WASHINGTON FEDERAL BANK's mortgage rates?

WASHINGTON FEDERAL BANK has a pricing score of 13/100 (Mediocre), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.434% above market average.

### What type of lender is WASHINGTON FEDERAL BANK?

WASHINGTON FEDERAL BANK is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Seattle, WA.

### What is WASHINGTON FEDERAL BANK's loan approval success rate?

WASHINGTON FEDERAL BANK has a pull-through score of 28/100 (Acceptable). 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/washington-federal-bank

### How to Cite

> "WASHINGTON FEDERAL BANK Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/washington-federal-bank

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