Heritage Bank mortgage approval rate & lending review
Heritage Bank decided 1,130 mortgage applications and funded 722 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Heritage Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Heritage Bank at a glance
Approval is 3.8 points below the 72.1% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 74% | 159 / 216 | 94% | $455K | 150 |
| Home improvement loans | 66% | 328 / 498 | 93% | $105K | 304 |
| Refinance | 67% | 171 / 256 | 94% | $225K | 161 |
| Investment property purchase | 80% | 52 / 65 | 96% | $435K | 50 |
| Investment refinance | 93% | 38 / 41 | 95% | $255K | 36 |
| Investment home improvement | 41% | 19 / 46 | 84% | $155K | 16 |
Heritage Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Washington | 68% | $225K | 1,019 | 648 |
| Oregon | 70% | $405K | 92 | 61 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Heritage Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Pierce County, WA | Home improvement loans | 61% | 127 | 72 |
| Snohomish County, WA | Home improvement loans | 76% | 74 | 52 |
| Pierce County, WA | Refinance | 63% | 75 | 44 |
| King County, WA | Home improvement loans | 69% | 70 | 43 |
| Thurston County, WA | Home improvement loans | 65% | 48 | 29 |
| Whatcom County, WA | Home improvement loans | 81% | 31 | 25 |
| Snohomish County, WA | Refinance | 72% | 36 | 23 |
| Skagit County, WA | Home improvement loans | 81% | 32 | 21 |
| Skagit County, WA | Refinance | 83% | 23 | 19 |
| Whatcom County, WA | Mortgage lenders | 95% | 20 | 19 |
| Yakima County, WA | Home improvement loans | 56% | 34 | 18 |
| Thurston County, WA | Refinance | 81% | 21 | 17 |
The county markets where Heritage Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Heritage Bank
What is Heritage Bank's mortgage approval rate?
Heritage Bank approved 68.3% of the 1,130 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.8 points below the 72.1% national rate for the same mix of loan types.
How often do borrowers take the loan Heritage Bank offers?
Borrowers accepted 94% of the loans Heritage Bank approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Heritage Bank make?
The typical home improvement loan loan Heritage Bank made was $105K; across all loan types its typical loan ran from $105K to $455K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Heritage Bank lend?
Heritage Bank decided applications in 6 of the states Fat Boy Data covers, most of them in Washington, Oregon and Idaho.
Can I apply to Heritage Bank directly?
Yes. Heritage Bank is a bank or credit union with 110 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Heritage Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Heritage Bank treats applications, then get a rate quote from the lender.