Lender profile · HMDA 2023–2025
Washington Trust Bank mortgage approval rates & lending data
Washington Trust Bank decided 3,256 mortgage applications and funded 2,500 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval 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 |
| Michigan | 67% | $195K | 12 | 8 |
| Florida | 88% | $235K | 8 | 7 |
| Colorado | 86% | $425K | 7 | 6 |
| Montana | 86% | $675K | 7 | 6 |
| Nevada | 100% | $605K | 7 | 7 |
| Ohio | 83% | $95K | 6 | 5 |
| Texas | 100% | $375K | 4 | 4 |
| Utah | 100% | $965K | 4 | 4 |
| Rhode Island | 0% | — | 3 | 0 |
| Alaska | 50% | $665K | 2 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.