2025 activity year · Official source proof
Washington mortgage market
Reported mortgage application activity from the official CFPB/FFIEC HMDA Data Browser, with purchased loans excluded from the application denominator.
Activity year
2025
Action taken
What happened to applications?
Originated60.4% · 175,441
Approved, not accepted3.3% · 9,717
Denied15.5% · 44,965
Withdrawn14.9% · 43,239
File closed for incompleteness4.8% · 13,949
Preapproval denied0.1% · 388
Preapproval approved, not accepted0.9% · 2,557
“Originated” means the reported application resulted in a loan. It is not an approval probability for a future applicant.
Loan purpose
Why people applied
42%Home purchase
- Home purchase42.1%
- Home improvement11.3%
- Other purpose12.4%
- Not applicable0.0%
- Refinancing18.2%
- Cash-out refinancing15.9%
Next source gate
Denial reasons are not published yet.
That analysis requires the raw modified-LAR pipeline, reason-code reconciliation, and small-cell review. We will not fill the gap with estimates or unsupported conclusions.
Need help understanding a mortgage decision?
Find official helpA HUD-approved housing counselor can offer independent guidance based on your circumstances.
Data provenance
Every published number will carry its source.
This profile identifies the activity year, cohort rules, source endpoint, response hash, and processing date. Source: CFPB/FFIEC HMDA Data Browser API. Last refreshed September 2, 2026.