# Washington Trust Bank > **Canonical URL:** https://saferate.com/lenders/washington-trust-bank > **πŸ“‹ 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 Trust Bank is a bank, headquartered in Spokane, WA, serving borrowers across 14 states, with 376 loans originated in the most recent reporting period. **At a Glance:** - **Pricing:** Ranks in the top 48% of lenders for competitive rates - **Approval Rate:** Ranks in the top 44% for loan approval success ## Overview - **Institution Type:** Bank - **LEI (Legal Entity Identifier):** 549300P2GEYNMH5OQA71 - **Headquarters:** Spokane, WA - **Geographic Reach:** Multi-Region - **States Served:** 14 - **State List:** AK, AZ, CA, CO, FL, ID, KY, MI, NC, NV, OR, TX, UT, WA - **Markets (MSAs):** 8 - **Primary Channel:** Direct to Consumer - **Direct Origination:** 100% - **Brokered/Wholesale:** 0% ## Safe Rate Ratings ### Pricing: Sound ☺️ - Score: 52/100 - Rating: ●●●○○ (3/5) ### Pull Through: Sound ☺️ - Score: 56/100 - Rating: ●●●○○ (3/5) ### Pricing Details - **Average Rate Spread:** +0.187% - *(Average of lender's APR minus market average APR)* - **Average Net Fees:** $1,301 - *(Borrower paid Origination Charges minus Lender Credits)* ### Lending Volume - **Total Loans:** 376 - **Dollar Volume:** $198 million - **Applications Received:** 610 - **Market Share:** 1.00% ## Typical Borrower Profile - **Average Loan Amount:** $526,410 - **Average Borrower Income:** $243,016 - **Average Property Value:** $765,824 ## Safe Rate Awards πŸ† - ⭐ **Refinance Gold Superstar** (70%) ## Performance by Loan Product | Product | Score | Volume | Avg Spread | Avg Fees | Rating | |---------|-------|--------|------------|----------|--------| | Conventional | 59/100 | 289 | +0.150% | $1,211 | Sound ☺️ | | FHA | 52/100 | 20 | +0.461% | $1,514 | Sound ☺️ | | VA | 37/100 | 10 | -0.454% | $3,953 | Acceptable πŸ™‚ | | Jumbo | 78/100 | 57 | +0.466% | $1,197 | Strong πŸ˜€ | ### Product Performance by Purpose **Conventional:** - Purchase: 225 loans, Score: 56/100 (Sound) - Refinance: 64 loans, Score: 61/100 (Strong) **Jumbo:** - Purchase: 53 loans, Score: 79/100 (Strong) ## Performance by Loan Purpose | Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating | |---------|-------|--------|---------------|------------|--------| | Purchase | 58/100 | 301 | $171M | +0.212% | Sound ☺️ | | Refinance | 61/100 | 75 | $27M | +0.090% | Strong πŸ˜€ | ## State Performance | State | Volume | Market Share | Place Score | |-------|--------|--------------|-------------| | WA | 237 | 0.28% | 78/100 | | ID | 62 | 0.23% | 62/100 | | OR | 47 | 0.11% | 60/100 | ## Top Metro Markets (MSAs) | Market | State | Volume | Place Score | |--------|-------|--------|-------------| | Spokane | WA | 133 | 88/100 | | Non | | 56 | 46/100 | | Seattle | WA | 33 | 58/100 | | Portland | OR-WA | 24 | 52/100 | | Bend, OR | OR | 23 | 62/100 | | Boise City, ID | ID | 21 | 51/100 | | Coeur d'Alene, ID | ID | 18 | 54/100 | | Kennewick | WA | 11 | 46/100 | ## Where This Lender Ranks Washington Trust Bank appears in the following market rankings: ### Best Overall Mortgage Lenders - πŸ₯‡ **#1** in Spokane for Jumbo Loans (Banks) - [View Full Rankings](https://saferate.com/spokane/best-mortgage-lenders/banks/jumbo-loans) - πŸ₯ˆ **#2** in Spokane for Jumbo Loans - [View Full Rankings](https://saferate.com/spokane/best-mortgage-lenders/jumbo-loans) - πŸ† **#4** in Spokane Banks - [View Full Rankings](https://saferate.com/spokane/best-mortgage-lenders/banks) - πŸ† **#4** in Spokane for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/spokane/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#7** in Spokane for FHA Loans (Banks) - [View Full Rankings](https://saferate.com/spokane/best-mortgage-lenders/banks/fha-loans) - πŸ† **#7** in Idaho for Jumbo Loans (Banks) - [View Full Rankings](https://saferate.com/idaho/best-mortgage-lenders/banks/jumbo-loans) - πŸ† **#7** in Bend, OR Banks - [View Full Rankings](https://saferate.com/bend-or/best-mortgage-lenders/banks) - πŸ† **#7** in Bend, OR for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/bend-or/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#7** in Coeur d'Alene, ID for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/coeur-dalene-id/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#8** in Idaho Banks - [View Full Rankings](https://saferate.com/idaho/best-mortgage-lenders/banks) - πŸ† **#8** in Kennewick for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/kennewick/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#9** in Idaho for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/idaho/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#9** in Bend, OR for Jumbo Loans (Banks) - [View Full Rankings](https://saferate.com/bend-or/best-mortgage-lenders/banks/jumbo-loans) - πŸ† **#15** in Washington for FHA Loans (Banks) - [View Full Rankings](https://saferate.com/washington-state/best-mortgage-lenders/banks/fha-loans) - πŸ† **#15** in Washington for VA Loans (Banks) - [View Full Rankings](https://saferate.com/washington-state/best-mortgage-lenders/banks/va-loans) - πŸ† **#15** in Spokane for Conventional Loans - [View Full Rankings](https://saferate.com/spokane/best-mortgage-lenders/conventional-loans) - πŸ† **#16** in Washington for Jumbo Loans (Banks) - [View Full Rankings](https://saferate.com/washington-state/best-mortgage-lenders/banks/jumbo-loans) - πŸ† **#17** in Washington for Conventional Loans (Banks) - [View Full Rankings](https://saferate.com/washington-state/best-mortgage-lenders/banks/conventional-loans) - πŸ† **#17** in Spokane - [View Full Rankings](https://saferate.com/spokane/best-mortgage-lenders) - πŸ† **#18** in Bend, OR for Jumbo Loans - [View Full Rankings](https://saferate.com/bend-or/best-mortgage-lenders/jumbo-loans) ## Frequently Asked Questions ### What loan types does Washington Trust Bank offer? Washington Trust Bank offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis. ### Where does Washington Trust Bank offer mortgages? Washington Trust Bank offers mortgages in 14 states: AK, AZ, CA, CO, FL, ID, KY, MI, NC, NV, OR, TX, UT, WA. ### How competitive are Washington Trust Bank's mortgage rates? Washington Trust Bank has a pricing score of 52/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks. Their average rate spread is 0.187% above market average. ### What type of lender is Washington Trust Bank? Washington Trust Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Spokane, WA. ### What is Washington Trust Bank's loan approval success rate? Washington Trust Bank has a pull-through score of 56/100 (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-trust-bank ### How to Cite > "Washington Trust Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/washington-trust-bank --- **[View Interactive Profile β†’](https://saferate.com/lenders/washington-trust-bank)**