--- title: Lenders in Olympia, WA: 26 Made Multifamily Loans in 2024-25 url: https://lender.report/lenders-in/olympia-wa/ license: https://lender.report/license/ --- Metro area ยท WA # Lenders in Olympia, WA 26 lenders made 58 multifamily loans in the Olympia-Lacey-Tumwater, WA metro area in 2024 and 2025, $548.5M in all. Washington State Employees Credit Union made the most, with 9. The typical loan was about $4.4M. **Evidence** Multifamily loans placed in the metro area, HMDA **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 26 HMDA, 2025 **Multifamily loans, 2024-25** 58 HMDA, 2025 Manufactured-home parks excluded **Dollars** $549M HMDA, 2025 **Typical loan** $4.4M HMDA, 2025 Cite this Source: The Lender Report, Lenders in Olympia, WA, https://lender.report/lenders-in/olympia-wa/, data as of December 31, 2025. ## Describe a deal in Olympia, WA This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it. [Start with a deal in Olympia, WA](https://lender.report/comps/?lane=multifamily&metro=36500)[A lender in Olympia, WA? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans | | --- | --- | --- | --- | --- | --- | --- | | [Washington State Employees Credit Union](https://lender.report/lender/washington-state-employees-credit-union-wa/) [multifamily record](https://lender.report/lender/washington-state-employees-credit-union-wa/multifamily/) | Credit union | Olympia, WA | 9 | $9.24M | 2 | 7 | | [Timberland Bank](https://lender.report/lender/timberland-bank-wa/) [multifamily record](https://lender.report/lender/timberland-bank-wa/multifamily/) | Savings | Hoquiam, WA | 6 | $22.2M | 3 | 3 | | [Berkadia Commercial Mortgage](https://lender.report/lender/berkadia-commercial-mortgage-pa/) [multifamily record](https://lender.report/lender/berkadia-commercial-mortgage-pa/multifamily/) | Non-bank | Ambler, PA | 5 | $51.5M | 3 | 2 | | [JPMorgan Chase Bank, National Association](https://lender.report/lender/jpmorgan-chase-bank-oh/) [multifamily record](https://lender.report/lender/jpmorgan-chase-bank-oh/multifamily/) | Bank | Columbus, OH | 4 | $28.4M | 4 | 0 | | [Olympia Federal Savings and Loan Association](https://lender.report/lender/olympia-federal-savings-and-loan-association-wa/) [multifamily record](https://lender.report/lender/olympia-federal-savings-and-loan-association-wa/multifamily/) | Savings | Olympia, WA | 4 | $4.82M | 2 | 2 | | [JLL Real Estate Capital, LLC](https://lender.report/lender/jll-real-estate-capital-mn/) [multifamily record](https://lender.report/lender/jll-real-estate-capital-mn/multifamily/) | Non-bank | St. Paul, MN | 3 | $26.9M | 3 | 0 | | [U.S. Bank National Association](https://lender.report/lender/u-s-bank-oh/) [multifamily record](https://lender.report/lender/u-s-bank-oh/multifamily/) | Bank | Cincinnati, OH | 3 | $1.50M | 2 | 1 | | [CBRE Multifamily Capital, Inc.](https://lender.report/lender/cbre-multifamily-capital-tx/) [multifamily record](https://lender.report/lender/cbre-multifamily-capital-tx/multifamily/) | Non-bank | Houston, TX | 2 | $50.0M | 1 | 1 | | [Lument Real Estate Capital](https://lender.report/lender/lument-real-estate-capital-oh/) [multifamily record](https://lender.report/lender/lument-real-estate-capital-oh/multifamily/) | Non-bank | Columbus, OH | 2 | $27.3M | 0 | 2 | | [Washington Trust Bank](https://lender.report/lender/washington-trust-bank-wa/) [multifamily record](https://lender.report/lender/washington-trust-bank-wa/multifamily/) | Bank | Spokane, WA | 2 | $10.0M | 2 | 0 | | [Oaktree Funding Corp](https://lender.report/lender/oaktree-funding-az/) [multifamily record](https://lender.report/lender/oaktree-funding-az/multifamily/) | Non-bank | Chandler, AZ | 2 | $1.92M | 2 | 0 | | [Wells Fargo Bank, National Association](https://lender.report/lender/wells-fargo-bank-sd/) [multifamily record](https://lender.report/lender/wells-fargo-bank-sd/multifamily/) | Bank | Sioux Falls, SD | 1 | $67.0M | 1 | 0 | | [Lument Structured Finance LLC](https://lender.report/lender/lument-structured-finance-oh/) [multifamily record](https://lender.report/lender/lument-structured-finance-oh/multifamily/) | Non-bank | Columbus, OH | 1 | $60.0M | 0 | 1 | | [Merchants Bank of Indiana](https://lender.report/lender/merchants-bank-of-indiana-in/) [multifamily record](https://lender.report/lender/merchants-bank-of-indiana-in/multifamily/) | Bank | Carmel, IN | 1 | $51.0M | 0 | 1 | | [Northmarq Capital Finance, L.L.C.](https://lender.report/lender/northmarq-capital-finance-l-l-c-dc/) [multifamily record](https://lender.report/lender/northmarq-capital-finance-l-l-c-dc/multifamily/) | Non-bank | Washington, DC | 1 | $43.0M | 1 | 0 | HMDA, 2025 [All 26 lenders in Olympia, WA, by loan size](https://lender.report/multifamily-lenders/olympia-wa/) | County | Loans | Dollars | Lenders | | --- | --- | --- | --- | | [Thurston County, WA](https://lender.report/lenders-in/washington/thurston-county/) | 53 | $497M | 25 | HMDA, 2025 A county is listed for a year only when the public file holds 5 or more multifamily loans there that year. | Loan size | Loans | | --- | --- | | Under $1M | 15 | | $1M to $2.5M | 11 | | $2.5M to $5M | 4 | | $5M to $10M | 15 | | $10M or more | 13 | HMDA, 2025 - Lenders made 58 multifamily loans totaling $548.5M in Olympia, WA in 2024 and 2025. HMDA, 2025 - 1 of these loans was made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA, 2025 - 33 of the loans were made in 2025 and 25 in 2024. HMDA, 2025 - The typical loan in Olympia, WA was about $4.4M, with the middle half between $860K and $9.5M. HMDA, 2025 - 15 of the loans were under $1M, and 28 were $5M or more. HMDA, 2025 - Lenders reported a median rate of 6.08% on 58 loans in Olympia, WA, with the middle half between 5.59% and 6.75%. HMDA, 2025 - The median term was 10 years. HMDA, 2025 - The median loan to value was 63%. HMDA, 2025 - 52% of the loans were refinancings and 40% were purchases. HMDA, 2025 - Banks and savings institutions made 26 of the loans, credit unions 12, and non-banks 19. HMDA, 2025 - The five most active lenders made 48.3% of the loans. HMDA, 2025 - The three most active lenders were Washington State Employees Credit Union with 9, Timberland Bank with 6, and Berkadia Commercial Mortgage with 5. HMDA, 2025 - 7 of the 26 lenders are based in Washington. The rest are based elsewhere, most often in Ohio, Texas and Alaska. HMDA, 2025 - The most common property size was 5 to 24 units, with 24 loans. HMDA, 2025 - 1 county in the metro area has loans on record, and Thurston County, WA has the most, with 53. HMDA, 2025 ## How this list is defined **Measure** Multifamily loans made in the Olympia, WA metro area **Period** 2024 and 2025 **Formula** Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there. **Order** Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order. **As of** 2025 **Source** [HMDA](https://ffiec.cfpb.gov/data-browser/) **Changelog** November 12, 2026: First published, with the data built on this date. ## What we don't know - Whether any of these lenders is taking new loans today. - What they charge or require beyond the rate and term that HMDA reports. - Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only. A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count. HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date. Lenders that merged or stopped filing are left out. Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/) Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.