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Traditional Mortgage Acceptance Corporation

Bellevue, WA

Traditional Mortgage Acceptance Corporation processed 1,638 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,275 loans with a 11.6% denial rate. Refinancing was the primary loan purpose. Based in Bellevue, WA. The approval rate of 77.8% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Traditional Mortgage Acceptance Corporation's 77.8% origination rate tells you how often an application turned into funded money; the 11.6% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Other, Insufficient cash, Unverifiable information, which together explain the majority of rejections. Most activity concentrated in FHA loans (1,630 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

1,638
Applications
1,275
Originated
11.6%
Denial Rate
$270,690
Avg Loan Amount
Avg Interest Rate: 6.676%

Lending Activity

Type Applications Originated Denied Avg Loan
FHA 1,630 1,272 186 $269,178
Conventional 8 3 4 $578,750

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Traditional Mortgage Acceptance Corporation (LEI: 549300LZUXCJFE5ONM48) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Other
73
Insufficient cash
55
Unverifiable information
46
Collateral
30
Debt-to-income ratio
3
Credit history
3
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Refinancing 1,414 1,100 $272,171
Other 109 79 $279,862
Home Purchase 59 49 $217,034
Home Improvement 56 47 $271,964

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 943 78.6% 11.9%
Black or African American 128 73.4% 15.6%
Asian * 20 85.0% 10.0%
American Indian or Alaska Native * 8 100.0% 0.0%
Native Hawaiian or Other Pacific Islander * 8 75.0% 25.0%
Joint * 6 100.0% 0.0%
2 or more minority races * 2 50.0% 50.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,026 78.8% 11.7%
Hispanic or Latino 91 71.4% 17.6%
Joint * 9 77.8% 11.1%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in WA

Other HMDA-reporting lenders in WA with similar activity. Compare any two side-by-side.

Coastal Community Bank

Everett, WA

64,233 apps 15,099 originated 1.6% denied

Boeing Employees' Credit Union

Tukwila, WA

21,382 apps 13,093 originated 24.6% denied

Evergreen Moneysource Mortgage Company

BELLEVUE, WA

6,824 apps 4,791 originated 3.0% denied

Banner Bank

Walla Walla, WA

6,099 apps 3,140 originated 33.5% denied

WSECU

OLYMPIA, WA

4,133 apps 1,960 originated 42.2% denied
Compare Traditional Mortgage Acceptance Corporation vs Coastal Community Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Traditional Mortgage Acceptance Corporation process?
Traditional Mortgage Acceptance Corporation processed 1,638 mortgage applications in the 2024 HMDA reporting year. Of these, 1,275 were originated (approved and funded), 138 were withdrawn by the applicant, and 190 were denied.
What is Traditional Mortgage Acceptance Corporation's mortgage approval rate?
Traditional Mortgage Acceptance Corporation has an approval (origination) rate of 77.8%, meaning 77.8% of all applications resulted in a funded mortgage. The denial rate is 11.6%.
What is the average loan amount at Traditional Mortgage Acceptance Corporation?
The average mortgage loan amount at Traditional Mortgage Acceptance Corporation is $270,690. The average interest rate is 6.676%.
What are the most common reasons for mortgage denial at Traditional Mortgage Acceptance Corporation?
The most common reasons for mortgage denial at Traditional Mortgage Acceptance Corporation are: Other, Insufficient cash, Unverifiable information. In total, 190 applications were denied out of 1,638 total applications.
What types of mortgage loans does Traditional Mortgage Acceptance Corporation offer?
Traditional Mortgage Acceptance Corporation processes FHA, Conventional loans. The most common type is FHA with 1,630 applications and an average loan amount of $269,178.
What loan purposes does Traditional Mortgage Acceptance Corporation serve?
Traditional Mortgage Acceptance Corporation serves the following loan purposes: Refinancing (1,414 applications), Other (109 applications), Home Purchase (59 applications), Home Improvement (56 applications). Refinancing is the most common purpose.
Where is Traditional Mortgage Acceptance Corporation located?
Traditional Mortgage Acceptance Corporation is headquartered in Bellevue, WA. The lender is identified by LEI 549300LZUXCJFE5ONM48 in HMDA data.
How does Traditional Mortgage Acceptance Corporation compare in lending across racial demographics?
Traditional Mortgage Acceptance Corporation reports demographic lending data under HMDA requirements. White applicants have an approval rate of 78.6% and denial rate of 11.9%; Black or African American applicants have an approval rate of 73.4% and denial rate of 15.6%; Asian applicants have an approval rate of 85.0% and denial rate of 10.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is 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.