# Washington Financial Bank

> **Canonical URL:** https://saferate.com/lenders/washington-financial-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 Financial Bank is a bank, headquartered in Washington, PA, serving borrowers across 2 states, with 101 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 37% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 47% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 5493000M096YV1VLKD70
- **Headquarters:** Washington, PA
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** MD, PA
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 87.9%
- **Brokered/Wholesale:** 12.1%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 63/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 53/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.333%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $668
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 101
- **Dollar Volume:** $43 million
- **Applications Received:** 124
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $429,356
- **Average Borrower Income:** $210,416
- **Average Property Value:** $564,208

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 33/100 | 82 | +0.351% | $655 | Acceptable 🙂 |
| Jumbo | 69/100 | 19 | +0.137% | $800 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 71 loans, Score: 34/100 (Acceptable)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 38/100 | 90 | $42M | +0.236% | Acceptable 🙂 |
| Refinance | 26/100 | 11 | $2M | +0.788% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| PA | 100 | 0.08% | 70/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Pittsburgh, PA | PA | 95 | 77/100 |

## Where This Lender Ranks

Washington Financial Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#9** in Pittsburgh, PA for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/pittsburgh-pa/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#12** in Pittsburgh, PA for Jumbo Loans
  - [View Full Rankings](https://saferate.com/pittsburgh-pa/best-mortgage-lenders/jumbo-loans)
- 🏆 **#18** in Pittsburgh, PA Banks
  - [View Full Rankings](https://saferate.com/pittsburgh-pa/best-mortgage-lenders/banks)

## Frequently Asked Questions

### What loan types does Washington Financial Bank offer?

Washington Financial 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 Financial Bank offer mortgages?

Washington Financial Bank offers mortgages in 2 states: MD, PA.

### How competitive are Washington Financial Bank's mortgage rates?

Washington Financial Bank has a pricing score of 63/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.333% above market average.

### What type of lender is Washington Financial Bank?

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

### What is Washington Financial Bank's loan approval success rate?

Washington Financial Bank has a pull-through score of 53/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

---

## 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-financial-bank

### How to Cite

> "Washington Financial Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/washington-financial-bank

---

**[View Interactive Profile →](https://saferate.com/lenders/washington-financial-bank)**