Washington Mortgage Lending in 2025

Explore mortgage lending activity in Washington (MSA/MD Code 47764) using official HMDA public records. Review underwriting outcomes, borrower characteristics, and regional lending benchmarks.

Source: Federal Financial Institutions Examination Council (FFIEC) / Consumer Financial Protection Bureau (CFPB) • Dataset: 2025 Snapshot National Loan-Level Dataset • Updated: June 2, 2026 • Methodology →
Metropolitan Area 47764
20,738 Loans Originated
• Primary State: District of Columbia (DC-MD)
• $10.65 Billion Originated Volume
• $445,000 Median Loan
Actionable Applications 27,032 +2.61% vs 2024
Approval Rate 80.59% -0.39 pp vs 2024
Denial Rate 19.41% +0.39 pp vs 2024
Loan Originations 20,738 +1.94% vs 2024
Originated Volume $10.65 Billion +6.11% vs 2024

Credit Decision Outcomes (2025)

Outcomes for 27,032 actionable applications (Actions 1, 2, and 3).

80.59%
19.41%
21,785 approved 5,247 denied
Action 1: Originated
20,738 (76.72%)
Action 2: Approved not accepted
1,047 (3.87%)
Action 3: Denied
5,247 (19.41%)
Action 4: Withdrawn (not in denominator)
7,540 —
Action 5: Incomplete (not in denominator)
2,450 —
How to read this: Approval rate uses Actions 1, 2, and 3. Actions 4 and 5 are excluded from the credit decision denominator. Read the full methodology →

How Washington Compares

Metro vs. State Baseline (2025)

Metric Washington District of Columbia
Actionable Apps 27,032 7,109
Approval Rate 80.59% 87.37%
Denial Rate 19.41% 12.63%
Originations 20,738 6,012
Originated Volume $10.65 Billion $4.07 Billion
Median Loan $445,000 $565,000
Compared against District of Columbia statewide baseline in 2025.

Lending Trends in Washington

Year-over-year shifts: 2025 vs. 2024

Metric 2024 2025 Change
Consumer Universe 35,008 37,022 +5.75%
Actionable Apps 26,345 27,032 +2.61%
Originations 20,343 20,738 +1.94%
Approval Rate 80.98% 80.59% -0.39 pp
Denial Rate 19.02% 19.41% +0.39 pp
Median Loan $435,000 $445,000 +2.30%
Dollar Volume $10.03 Billion $10.65 Billion +6.11%

Applications by Borrower Income (Washington)

Approval and denial rates across gross annual income tiers (2025)

Income Bracket Apps Approval % Denial %
$100k–$149,999 7,461 82.90% 17.10%
$150k+ 9,887 87.34% 12.66%
$50k–$99,999 6,105 72.38% 27.62%
<$50k 918 36.93% 63.07%
Income unavailable/entity 2,661 82.94% 17.06%
Gross annual borrower income relied upon during credit underwriting. Descriptive figures only; does not establish causation.

Geographic Market Context

Regional integration within District of Columbia (2025)

Official Geographic Designation: Metropolitan Statistical Area / Division 47764, anchored in District of Columbia (DC-MD).
Metro Share of State Apps 380.25%
Metro Share of State Volume 261.61%
Geographic Notice: OpenFileData reports verified OMB-designated metropolitan boundaries. Detailed county-level vector choropleths are omitted unless authoritative polygon geometries and county-level consumer records are officially available, preventing data fabrication.

Parent State Association

Explore District of Columbia statewide mortgage activity

Washington is part of OpenFileData’s statewide coverage of District of Columbia. View statewide approval benchmarks, metropolitan rankings, and institution profiles across all reporting jurisdictions.

District of Columbia Statewide Overview Active Profile
Statewide Actionable Applications: 7,109
Explore District of Columbia State Profile →

Methodology

Learn how HMDA credit outcomes, action codes, and consumer filters are computed.

Read Methodology →

District of Columbia Profile

Compare all metropolitan areas located in District of Columbia.

View State Page →

Download Data

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Methodology & Disclosures

Credit Decision Denominator Rule: Approval and denial rates are calculated strictly among actionable applications reaching a formal credit underwriting decision (Actions 1, 2, and 3: loan originated, approved but not accepted, denied). Applications withdrawn by borrower (Action 4) and closed for incompleteness (Action 5) are tracked in the broader Consumer Mortgage Universe for market completeness but excluded from credit decision rates as no underwriting decision occurred.

Official Data Source & Freeze Date: Official Home Mortgage Disclosure Act (HMDA) records published by the Federal Financial Institutions Examination Council (FFIEC) and Consumer Financial Protection Bureau (CFPB). Primary analysis uses the 2025 Snapshot National Loan-Level Dataset (frozen June 2, 2026); historical baseline uses the 2024 One-Year National Loan-Level Dataset (frozen June 2, 2026).

Public Interest Commitment: OpenFileData does not sell mortgage leads, lender placements, paid rankings, or individualized mortgage recommendations.

For complete technical formulas, SQL implementations, and data definitions, read the full Mortgage Lending Methodology Specification.