--- title: Multifamily Lenders in Thurston County, WA: 25 Made Loans url: https://lender.report/lenders-in/washington/thurston-county/ license: https://lender.report/license/ --- County ยท WA # Multifamily lenders in Thurston County, WA 25 lenders made 53 multifamily loans in Thurston County, WA in 2024 and 2025, $497.3M in all. Washington State Employees Credit Union made the most, with 9. The typical loan was about $2.9M. The county is part of the Olympia, WA metro area. **Evidence** Multifamily loans placed in the county, HMDA **Data as of** HMDA 2025 **Page last changed** November 11, 2026 **Lenders on record** 25 HMDA, 2025 **Multifamily loans, 2024-25** 53 HMDA, 2025 Manufactured-home parks excluded **Dollars** $497M HMDA, 2025 **Typical loan** $2.9M HMDA, 2025 Cite this Source: The Lender Report, Multifamily lenders in Thurston County, WA, https://lender.report/lenders-in/washington/thurston-county/, data as of December 31, 2025. ## Describe a deal in Thurston County, WA See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show multifamily loans in Thurston County, WA](https://lender.report/comps/?lane=multifamily&state=WA&county=53067)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans | Typical loan | | --- | --- | --- | --- | --- | --- | --- | --- | | [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 | $720K | | [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 | $2.3M | | [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 | $8.8M | | [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 | $1.6M | | [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 | $9.1M | | [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 | $500K | | [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 | $25M | | [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 | $21M | | [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 | $5M | | [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 | $1.2M | | [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 | $67M | | [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 | $60M | | [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 | $51M | | [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 | $43M | | [PGIM Real Estate Agency Financing, LLC](https://lender.report/lender/pgim-real-estate-agency-financing-tx/) [multifamily record](https://lender.report/lender/pgim-real-estate-agency-financing-tx/multifamily/) | Non-bank | Dallas, TX | 1 | $27.0M | 1 | 0 | $27M | | [PEAK Credit Union](https://lender.report/lender/peak-credit-union-wa/) [multifamily record](https://lender.report/lender/peak-credit-union-wa/multifamily/) | Credit union | Olympia, WA | 1 | $13.0M | 1 | 0 | $13M | | [NewPoint Real Estate Capital](https://lender.report/lender/newpoint-real-estate-capital-tx/) [multifamily record](https://lender.report/lender/newpoint-real-estate-capital-tx/multifamily/) | Non-bank | Plano, TX | 1 | $11.0M | 0 | 1 | $11M | | [Morgan Stanley Private Bank, National Association](https://lender.report/lender/morgan-stanley-private-bank-ny/) [multifamily record](https://lender.report/lender/morgan-stanley-private-bank-ny/multifamily/) | Bank | Purchase, NY | 1 | $9.50M | 0 | 1 | $9.5M | | [Zions Bancorporation, N.A.](https://lender.report/lender/zions-bancorporation-ut/) [multifamily record](https://lender.report/lender/zions-bancorporation-ut/multifamily/) | Bank | Salt Lake City, UT | 1 | $8.20M | 0 | 1 | $8.2M | | [Global Credit Union](https://lender.report/lender/global-credit-union-ak/) [multifamily record](https://lender.report/lender/global-credit-union-ak/multifamily/) | Credit union | Anchorage, AK | 1 | $7.90M | 0 | 1 | $7.9M | | [Old Second National Bank](https://lender.report/lender/old-second-national-bank-il/) [multifamily record](https://lender.report/lender/old-second-national-bank-il/multifamily/) | Bank | Aurora, IL | 1 | $7.30M | 1 | 0 | $7.3M | | [Potlatch No. 1 Financial Credit Union](https://lender.report/lender/potlatch-no-1-financial-credit-union-id/) [multifamily record](https://lender.report/lender/potlatch-no-1-financial-credit-union-id/multifamily/) | Credit union | Lewiston, ID | 1 | $2.90M | 1 | 0 | $2.9M | | [Heritage Bank](https://lender.report/lender/heritage-bank-wa/) [multifamily record](https://lender.report/lender/heritage-bank-wa/multifamily/) | Bank | Olympia, WA | 1 | $2.80M | 1 | 0 | $2.8M | | [1st Security Bank of Washington](https://lender.report/lender/1st-security-bank-of-washington-wa/) [multifamily record](https://lender.report/lender/1st-security-bank-of-washington-wa/multifamily/) | Savings | Mountlake Terrace, WA | 1 | $1.30M | 1 | 0 | $1.3M | | [Greystone Servicing Corporation, Inc.](https://lender.report/lender/greystone-servicing-tn-memphis-kqgfmz98/) [multifamily record](https://lender.report/lender/greystone-servicing-tn-memphis-kqgfmz98/multifamily/) | Non-bank | Memphis, TN | 1 | $1.30M | 0 | 1 | $1.3M | HMDA, 2025 [Check a deal in Thurston County, WA in Loan Comps](https://lender.report/comps/?lane=multifamily&state=WA&county=53067) | Loan size | Loans | Lenders | | --- | --- | --- | | Under $1M | 15 | 5 | | $1M to $2.5M | 10 | 7 | | $2.5M to $5M | 4 | 4 | | $5M to $10M | 12 | 9 | | $10M or more | 12 | 11 | HMDA, 2025 - Lenders made 53 multifamily loans totaling $497.3M in Thurston County, 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 - 30 of the loans were made in 2025 and 23 in 2024. HMDA, 2025 - The typical loan in Thurston County, WA was about $2.9M, with the middle half between $780K and $9.5M. HMDA, 2025 - 15 of the loans were under $1M, and 24 were $5M or more. HMDA, 2025 - Lenders reported a median rate of 6.25% on 53 loans in Thurston County, WA, with the middle half between 5.64% and 6.75%. HMDA, 2025 - The median term was 10 years. HMDA, 2025 - The median loan to value was 63%. HMDA, 2025 - 51% of the loans were refinancings and 43% were purchases. HMDA, 2025 - Banks and savings institutions made 26 of the loans, credit unions 12, and non-banks 14. HMDA, 2025 - The five most active lenders made 49.1% of the loans. HMDA, 2025 - The three most active lenders were Washington State Employees Credit Union with 9, Timberland Bank with 6, and JPMorgan Chase Bank, National Association with 4. HMDA, 2025 - 7 of the 25 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 - Thurston County, WA is part of the Olympia-Lacey-Tumwater, WA metro area, which has its own page. OMB metro list, 2025 ## How this list is defined **Measure** Multifamily loans made in Thurston County, WA **Period** 2024 and 2025 **Formula** Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the county, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans in the county. **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. SBA loans are on record by state only, so this page has no SBA figures for the county. The state pages carry them. 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.