Washington State Employees Credit Union mortgage approval rate & lending review
Washington State Employees Credit Union decided 5,524 mortgage applications and funded 3,556 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Washington State Employees Credit Union reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Washington State Employees Credit Union at a glance
Approval is 3.5 points below the 69.0% 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 | 89% | 682 / 768 | 98% | $465K | 667 |
| Home improvement loans | 62% | 1,677 / 2,712 | 99% | $65K | 1,662 |
| Cash-out refinance | 68% | 934 / 1,364 | 98% | $125K | 920 |
| Refinance | 49% | 256 / 527 | 94% | $105K | 240 |
| Investment property purchase | 87% | 41 / 47 | 93% | $355K | 38 |
| Investment home improvement | 7% | 5 / 72 | 100% | $105K | 5 |
Washington State Employees Credit Union lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Washington | 66% | $105K | 5,447 | 3,509 |
| Oregon | 72% | $35K | 40 | 29 |
| Idaho | 60% | $405K | 30 | 18 |
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 Washington State Employees Credit Union lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Thurston County, WA | Home improvement loans | 72% | 963 | 684 |
| Thurston County, WA | Cash-out refinance | 77% | 545 | 413 |
| King County, WA | Home improvement loans | 63% | 440 | 277 |
| Pierce County, WA | Home improvement loans | 53% | 482 | 254 |
| Thurston County, WA | Mortgage lenders | 90% | 194 | 169 |
| Spokane County, WA | Home improvement loans | 59% | 268 | 157 |
| King County, WA | Cash-out refinance | 61% | 220 | 133 |
| Snohomish County, WA | Home improvement loans | 56% | 228 | 128 |
| Pierce County, WA | Cash-out refinance | 63% | 202 | 125 |
| Thurston County, WA | Refinance | 63% | 179 | 108 |
| Pierce County, WA | Mortgage lenders | 84% | 122 | 100 |
| Spokane County, WA | Cash-out refinance | 71% | 140 | 98 |
The county markets where Washington State Employees Credit Union made the most loans. Each link opens that market with every lender ranked.
Questions about Washington State Employees Credit Union
What is Washington State Employees Credit Union's mortgage approval rate?
Washington State Employees Credit Union approved 65.5% of the 5,524 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 3.5 points below the 69.0% national rate for the same mix of loan types.
How often do borrowers take the loan Washington State Employees Credit Union offers?
Borrowers accepted 98% of the loans Washington State Employees Credit Union 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 Washington State Employees Credit Union make?
The typical home improvement loan loan Washington State Employees Credit Union made was $65K; across all loan types its typical loan ran from $65K to $465K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Washington State Employees Credit Union lend?
Washington State Employees Credit Union decided applications in 10 of the states Fat Boy Data covers, most of them in Washington, Oregon and Idaho.
Can I apply to Washington State Employees Credit Union directly?
Yes. Washington State Employees Credit Union is a bank or credit union with 25 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Washington State Employees Credit Union'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 Washington State Employees Credit Union treats applications, then get a rate quote from the lender.