Best mortgage lenders in Washington
No lender is best for everyone, so this page ranks Washington lenders on what federal records can measure: who makes the most loans here, who leads for FHA and VA, and what their Washington borrowers paid. All figures are 2025 HMDA data; no lender pays to be listed.
Who leads for what in Washington
"Most loans" and "Largest average loan" are among the 15 lenders with the most Washington originations in 2025 (the latter counts lenders with at least 300 loans in the state); FHA and VA leaders count every lender's home-purchase loans.
The 15 lenders that made the most home loans in Washington
| # | Lender | Type | Loans | FHA | VA | Avg loan | Approval* |
|---|---|---|---|---|---|---|---|
| 1 | Boeing Employees Credit Union | — | 13,589 | 0.2% | 0.2% | $265,613 | 72.6% |
| 2 | Rocket Mortgage | Nonbank lender | 10,611 | 8.6% | 9.3% | $359,650 | 82.4% |
| 3 | United Wholesale Mortgage | Nonbank lender | 10,462 | 14.6% | 23.6% | $490,334 | 88.4% |
| 4 | CMG Home Loans | Nonbank lender | 5,796 | 16.3% | 8.2% | $477,866 | 96.0% |
| 5 | Guild Mortgage | Nonbank lender | 5,691 | 18.0% | 10.3% | $410,711 | 95.4% |
| 6 | Movement Mortgage | Nonbank lender | 5,559 | 14.3% | 6.8% | $483,347 | 95.4% |
| 7 | CrossCountry Mortgage | Nonbank lender | 4,877 | 16.1% | 15.3% | $528,728 | 95.8% |
| 8 | U.S. Bank | Bank | 3,524 | 0.7% | 1.2% | $615,227 | 66.0% |
| 9 | Bank of America | Bank | 3,420 | 0.0% | 0.0% | $542,623 | 64.5% |
| 10 | PennyMac | Nonbank lender | 2,953 | 12.2% | 12.5% | $465,382 | 84.2% |
| 11 | Chase | Bank | 2,816 | 0.8% | 1.0% | $873,462 | 88.6% |
| 12 | Newrez | Nonbank lender | 2,702 | 10.8% | 20.5% | $448,305 | 78.2% |
| 13 | Evergreen Moneysource Mortgage Company | — | 2,680 | 13.0% | 6.4% | $443,306 | 98.5% |
| 14 | Fairway Independent Mortgage | Nonbank lender | 2,480 | 18.6% | 8.0% | $466,206 | 94.3% |
| 15 | Navy Federal Credit Union | Credit union | 2,289 | 0.0% | 25.6% | $282,256 | 72.0% |
Source: 2025 HMDA originations, FFIEC/CFPB. FHA/VA = share of each lender's Washington loans. *Approval = originated ÷ (originated + denied); it mirrors a lender's channel and borrower mix, not how hard it is to qualify.
Also among the 25 lenders with the most HMDA filings here: Freedom Mortgage, Washington State Employees Credit Union, Guaranteed Rate (Rate), Veterans United, loanDepot, Spokane Teachers, Spring Eq, LLC, Banner Bank, New American Funding, Mr. Cooper.
FHA lenders in Washington
11,121 FHA home-purchase loans were made in Washington in 2025 by 232 lenders. The typical FHA buyer here paid $15,456 in loan costs, including the 1.75% upfront mortgage insurance premium, at a median rate of 6.25%. The ten lenders that made the most:
| # | Lender | FHA purchases | Share | Loan costs | APR vs benchmark |
|---|---|---|---|---|---|
| 1 | United Wholesale Mortgage | 843 | 7.6% | $15,965 | +0.27 |
| 2 | Guild Mortgage | 827 | 7.4% | $15,853 | +0.90 |
| 3 | CMG Home Loans | 826 | 7.4% | $15,986 | +0.16 |
| 4 | Movement Mortgage | 667 | 6.0% | $17,786 | +0.47 |
| 5 | CrossCountry Mortgage | 617 | 5.5% | $15,981 | +0.78 |
| 6 | American Pacific Mortgage Corporation | 419 | 3.8% | $15,052 | +0.66 |
| 7 | Rocket Mortgage | 339 | 3.0% | $14,990 | +0.11 |
| 8 | Fairway Independent Mortgage | 332 | 3.0% | $16,948 | +0.93 |
| 9 | Evergreen Moneysource Mortgage Company | 323 | 2.9% | $17,996 | +0.62 |
| 10 | DHI Mortgage | 265 | 2.4% | $10,454 | −0.65 |
| All Washington FHA buyers | 11,121 | 100% | $15,456 | +0.44 |
Among them, DHI Mortgage had the lowest median loan costs ($10,454) and Evergreen Moneysource Mortgage Company the highest ($17,996) — $7,542 apart on similar loans, which is why a second Loan Estimate is worth getting. Homebuilder-owned lenders can show far-below-market APRs because builders pay to buy down the rate on their own new homes.
Source: 2025 HMDA loan-level records (FFIEC/CFPB), first-lien FHA home purchases in Washington. Costs and APR vs benchmark are medians of each lender's 30-year fixed loans here; "—" = fewer than 30. How these figures are built.
VA lenders in Washington
8,277 VA home-purchase loans were made in Washington in 2025 by 224 lenders. The typical VA buyer here paid $9,308 in loan costs (including the VA funding fee for borrowers who owe it) at a median rate of 6.125%. The ten lenders that made the most:
| # | Lender | VA purchases | Share | Loan costs | APR vs benchmark |
|---|---|---|---|---|---|
| 1 | Veterans United | 1,187 | 14.3% | $6,696 | −0.38 |
| 2 | United Wholesale Mortgage | 658 | 7.9% | $7,088 | −0.49 |
| 3 | CrossCountry Mortgage | 510 | 6.2% | $8,951 | −0.19 |
| 4 | Navy Federal Credit Union | 452 | 5.5% | $6,371 | −0.61 |
| 5 | Guild Mortgage | 421 | 5.1% | $12,620 | −0.21 |
| 6 | CMG Home Loans | 396 | 4.8% | $12,857 | −0.50 |
| 7 | Newrez | 254 | 3.1% | $10,681 | −0.43 |
| 8 | Movement Mortgage | 244 | 2.9% | $14,773 | −0.34 |
| 9 | Rocket Mortgage | 244 | 2.9% | $9,907 | −0.55 |
| 10 | Guaranteed Rate (Rate) | 188 | 2.3% | $8,469 | −0.43 |
| All Washington VA buyers | 8,277 | 100% | $9,308 | −0.41 |
Among them, Navy Federal Credit Union had the lowest median loan costs ($6,371) and Movement Mortgage the highest ($14,773) — $8,402 apart, though VA costs also depend on how many of a lender's borrowers are exempt from the funding fee.
Source: 2025 HMDA loan-level records (FFIEC/CFPB), first-lien VA home purchases in Washington. Costs and APR vs benchmark are medians of each lender's 30-year fixed loans here; "—" = fewer than 30. Data notes and limits.
How concentrated is the Washington market?
812 institutions reported Washington home-loan records for 2025 — the 23rd-most of any state. The single most active lender accounts for 6.7% of all records and the top five for 22.6%, the 24th-most concentrated market of 51. With volume spread across many lenders, there is plenty of room to shop beyond the biggest names.
How to choose a lender in Washington
Washington borrowers took FHA loans 9.6% of the time and VA loans 8.7% (U.S. 13.2% and 8.2%). Buying near $832,750 or above? 3 Washington counties have a higher conforming limit, so check which side of the jumbo line your county puts you on before comparing quotes.
Get Loan Estimates from three or more lenders in the same two-week window (one credit inquiry) and compare APRs. For down-payment help, ask whether they are approved for WSHFC's Covenant Homeownership Program or Home Advantage and House Key Opportunity — only participating lenders can offer them (terms and sources).
Washington lender FAQ
Who is the biggest mortgage lender in Washington?
By 2025 federal HMDA data, Boeing Employees Credit Union originated the most home loans in Washington — about 13,589, or 7.7% of the state's originations.
Which lender makes the most FHA loans in Washington?
United Wholesale Mortgage made the most FHA home-purchase loans in Washington in 2025 — 843, or 7.6% of the 11,121 FHA purchases made by 232 lenders. Guild Mortgage (827) was second.
Which lender makes the most VA loans in Washington?
Veterans United made the most VA home-purchase loans in Washington in 2025 (1,187, 14.3% of the state's VA purchases). VA loans were 8.7% of Washington originations, the 25th-lowest VA share among the states.
How much are closing costs on an FHA loan in Washington?
The typical Washington FHA buyer in 2025 paid $15,456 in total loan costs on a median $435,000 loan — lender fees, required third-party services and the 1.75% upfront mortgage insurance premium, per the Closing Disclosure.
That figure excludes recording taxes, prepaid interest and insurance, escrow deposits and the down payment.
Rankings are editorial and independent, built from public federal data — no lender pays to be listed. This is general information, not a recommendation or personalized advice. Confirm all terms directly with the lender.
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