Washington Trust Bank mortgage approval rate & lending review
Washington Trust Bank decided 3,256 mortgage applications and funded 2,500 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Washington Trust Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Washington Trust Bank at a glance
Approval is 2.8 points above the 75.1% 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 | 81% | 851 / 1,045 | 99% | $445K | 845 |
| Home improvement loans | 69% | 526 / 758 | 98% | $95K | 515 |
| Cash-out refinance | 75% | 556 / 743 | 98% | $175K | 546 |
| Refinance | 87% | 276 / 319 | 97% | $105K | 269 |
| Investment property purchase | 90% | 158 / 175 | 99% | $405K | 156 |
| Investment cash-out refinance | 83% | 57 / 69 | 98% | $255K | 56 |
| Investment refinance | 94% | 85 / 90 | 100% | $305K | 85 |
| Investment home improvement | 49% | 28 / 57 | 100% | $145K | 28 |
Washington Trust Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Washington | 79% | $175K | 2,203 | 1,722 |
| Idaho | 71% | $175K | 645 | 449 |
| Oregon | 78% | $495K | 266 | 206 |
| Arizona | 95% | $465K | 40 | 38 |
| California | 93% | $765K | 28 | 26 |
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 Trust Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Spokane County, WA | Mortgage lenders | 86% | 382 | 326 |
| Spokane County, WA | Home improvement loans | 71% | 402 | 277 |
| Spokane County, WA | Cash-out refinance | 77% | 362 | 275 |
| Spokane County, WA | Refinance | 85% | 150 | 126 |
| King County, WA | Cash-out refinance | 91% | 74 | 65 |
| Kootenai County, ID | Cash-out refinance | 73% | 79 | 56 |
| King County, WA | Refinance | 97% | 60 | 56 |
| Deschutes County, OR | Mortgage lenders | 83% | 64 | 53 |
| Ada County, ID | Cash-out refinance | 67% | 81 | 52 |
| Kootenai County, ID | Home improvement loans | 71% | 72 | 49 |
| Ada County, ID | Home improvement loans | 64% | 66 | 42 |
| Grant County, WA | Home improvement loans | 67% | 61 | 40 |
The county markets where Washington Trust Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Washington Trust Bank
What is Washington Trust Bank's mortgage approval rate?
Washington Trust Bank approved 77.9% of the 3,256 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 2.8 points above the 75.1% national rate for the same mix of loan types.
How often do borrowers take the loan Washington Trust Bank offers?
Borrowers accepted 99% of the loans Washington Trust Bank approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Washington Trust Bank make?
The typical home purchase mortgage loan Washington Trust Bank made was $445K; across all loan types its typical loan ran from $95K to $445K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Washington Trust Bank lend?
Washington Trust Bank decided applications in 26 of the states Fat Boy Data covers, most of them in Washington, Idaho and Oregon.
Can I apply to Washington Trust Bank directly?
Yes. Washington Trust Bank is a bank or credit union with 45 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Washington Trust 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 Washington Trust Bank treats applications, then get a rate quote from the lender.