PlainLender
2024 data HMDA 2024 disclosure official source

Kitsap County

11,827 mortgage applications, 13.4% denial rate. Verify FIPS 53035 with U.S. Census Bureau →

PlainLender home → About this data

Washington · FIPS 53035

Local mortgage market. Kitsap County, Washington saw 11,827 HMDA-reported mortgage applications in 2024. Lenders originated 6,613 of those loans and denied 1,583, producing a denial rate of 13.4% and an approval (origination) rate of 55.9%. The average loan amount was $379,927 at an average note rate of 6.97%, with applicants self-reporting average annual income of $39K. 286 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 9.7x, meaning typical borrowers took on mortgages of about 9.7 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 53035 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

11,827
Applications
6,613
Originated
13.4%
Denial Rate
55.9%
Approval Rate
$379,927
Avg Loan Amount
6.97%
Avg Interest Rate
$39K
Avg Applicant Income
9.7x
Loan-to-Income Ratio

Nearby Lenders in Kitsap County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Kitsap Credit Union 458 6.9%
2 Navy Federal Credit Union 431 6.5%
3 United Wholesale Mortgage 401 6.1%
4 Rocket Mortgage 329 5.0%
5 Boeing Employees' Credit Union 311 4.7%
Compare Kitsap Credit Union vs Navy Federal Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Kitsap County?
In the 2024 HMDA reporting year, 11,827 mortgage applications were filed in Kitsap County, Washington. Of these, 6,613 were originated (approved and funded), while 1,583 were denied, resulting in a denial rate of 13.4%.
What is the mortgage denial rate in Kitsap County?
The mortgage denial rate in Kitsap County is 13.4%. The approval (origination) rate is 55.9%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Kitsap County?
The average mortgage loan amount in Kitsap County is $379,927. The average interest rate is 6.969%. The average applicant income is $39K.
What is the loan-to-income ratio in Kitsap County?
The average loan-to-income ratio in Kitsap County is 9.7x, meaning borrowers took on loans averaging 9.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Kitsap County?
The top mortgage lenders in Kitsap County by origination volume are Kitsap Credit Union, Navy Federal Credit Union, United Wholesale Mortgage. In total, 286 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.