Lender profile · HMDA 2023–2025
Wafd Bank mortgage approval rates & lending data
Wafd Bank decided 3,367 mortgage applications and funded 2,360 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 74% | 1,376 / 1,856 | 98% | $745K | 1,353 |
| Home improvement loans | 70% | 526 / 749 | 98% | $105K | 514 |
| Cash-out refinance | 67% | 223 / 333 | 99% | $255K | 220 |
| Refinance | 71% | 30 / 42 | 100% | $215K | 30 |
| Investment property purchase | 69% | 177 / 255 | 97% | $325K | 172 |
| Investment cash-out refinance | 59% | 26 / 44 | 96% | $315K | 25 |
| Investment home improvement | 47% | 31 / 66 | 94% | $205K | 29 |
Wafd Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Washington | 71% | $745K | 1,395 | 972 |
| Arizona | 67% | $315K | 608 | 397 |
| Oregon | 70% | $625K | 453 | 312 |
| Utah | 84% | $765K | 245 | 203 |
| Nevada | 75% | $505K | 203 | 150 |
| Idaho | 77% | $485K | 198 | 151 |
| New Mexico | 58% | $385K | 130 | 76 |
| California | 86% | $1.59M | 98 | 82 |
| Texas | 44% | $145K | 36 | 16 |
| Florida | 100% | $3M | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.