We analyzed every closed loan from Washington Federal Bank — 690 loans across 2k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.
Ratings· each scored 1–5 against peer lenders
Pricing
Mediocre
1/5
vs. all lenders
Pull-through
Acceptable
2/5
closing strength
Product
Exceptional
5/5
Conventional · Jumbo
Place
Sound
3/5
Multi-Region · 18 mkts
Promptness
Not enough data
—/5
No quote responses measured yet
Summary
What They Do Well
- Particularly strong in Conventional and Jumbo loans
Things to Think About
- Pricing may be below industry average
- Higher than average fees ($4,643)
- Pull through efficiency is below industry average
Explore another lender or local market
Report Card
Washington Federal Bank performance at a glance
Overall Performance· Pricing & closing strength
Pricing
Rate competitiveness
Mediocre
+43.4 bps above market avg
1/5
Pull Through
Closing strength
Acceptable
Bottom 40% of lenders
2/5
By Loan Product· Specialization by type
Conventional
508 loans · 0.41% above market
Strong
Top 40% of lenders
4/5
Jumbo
182 loans · 0.82% above market
Exceptional
Top 20% of lenders
5/5
By Loan Purpose· Transaction purpose mix
Purchase
648 loans · 0.42% above market
Strong
Top 40% of lenders
4/5
Refinance
42 loans · 0.56% above market
Acceptable
Bottom 40% of lenders
2/5
By Location· Geographic coverage
Geographic Reach
Multi-Regional · 19 markets
Sound
Top 60% of lenders
3/5
Loan Product Performance
Performance by Loan Product
| Loan Type | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Conventional | 508 | 73.6% | +0.407%Above | $4,689Fees | ||||
Jumbo Loans | 182 | 26.4% | +0.820%Above | $3,980Fees |
Conventional
OverallAcceptable
ProductStrong
PricingMediocre
Pull ThroughAcceptable
Volume508
Mix73.6%
Spread
+0.407%Above
Fees
$4,689Fees
Jumbo Loans
OverallSound
ProductExceptional
PricingMediocre
Pull ThroughSound
Volume182
Mix26.4%
Spread
+0.820%Above
Fees
$3,980Fees
Loan Purpose Performance
Performance by Loan Purpose
| Purpose | Overall | Product | Pricing | Pull Through | Volume | Mix | Spread | Fees |
|---|---|---|---|---|---|---|---|---|
Purchase | 648 | 93.9% | +0.417%Above | $4,785Fees | ||||
Refinance | 42 | 6.1% | +0.563%Above | $3,562Fees |
Purchase
OverallAcceptable
ProductStrong
PricingMediocre
Pull ThroughAcceptable
Volume648
Mix93.9%
Spread
+0.417%Above
Fees
$4,785Fees
Refinance
OverallAcceptable
ProductAcceptable
PricingMediocre
Pull ThroughMediocre
Volume42
Mix6.1%
Spread
+0.563%Above
Fees
$3,562Fees
At a Glance
Lender Overview
Lending Activity
Loans Originated
690
Applications
1,645
Volume
$519 million
Pricing & Closing
Avg Rate Spread
+0.434%
vs. market APOR
Avg Net Fees
$4,643
Origination − Credits
Pullthrough Rate
41.9%
Applications → Closed
Typical Borrower
Avg Loan Amount
$753,319
Avg Borrower Income
$256,945
Avg Property Value
$1,347,536
Geographic Coverage
Geographic Performance
Metro Areas
18
markets with activity
States Served
8
of 50 states + DC
Avg Place Specialization
Sound
3/5
States with Loan Originations
8Full-year 2024 · HMDALoans originated
< 5050–100100+None
West8
AZCAIDNMNVORUTWA
Top Metro Areas by Place Specialization Score
Showing 10 of 18 metro areas
Top States by Place Specialization Score
How We Rank Lenders
Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.
Our Point System (Max 50 Points)
10/ 50 pts
Pricing
How competitively a lender prices vs. the market benchmark (20%).
10/ 50 pts
Product
Performance on your specific loan type (20%).
10/ 50 pts
Pull Through
How reliably a lender closes the loans it starts (20%).
10/ 50 pts
Place
Depth of a lender's expertise in your local market (20%).
10/ 50 pts
Promptness
How quickly a lender answers real quote requests — blended in once they respond (20%).
Champion(80%+ = 40-50 points)
Superstar(60-79% = 30-39 points)
Data Integrity & Updates
Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.
Looking for a different lender?
Are you the owner of Washington Federal Bank?
Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.
The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.
No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.
HMDA 2024Built using publicly available originated loan data from the federal government.
Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.