Applications / Mortgage Analytics / Lenders / District of Columbia / Founders Bank
Washington, DC · State non-member bank · FDIC · $357 million assets · 30 loans in 2025
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30
loans originated, 2025
45
applications, 2025
3
states and territories
0
gaps bigger than at similar lenders
Our analysis, 2025
Founders Bank, a Washington, DC, bank established in 2020, makes few home loans but very large ones: its typical loan was $980,000 in 2025.
Its typical loan was $980,000, against $175,000 at similar lenders, state non-member banks making between half and twice as many loans. That is larger than at nearly all of them. Almost a third of its loans, 31.8%, were jumbo (larger than the conforming limit), against 1.9% at its peers. So its 30 loans added up to $50.8 million, far above the peers' $10.0 million. Most, 76.7%, were for buying a home.
The bank was established in 2020 and first reported home loans in 2023. It made 31 that year, 41 in 2024 and 30 in 2025, a fall of 27% while similar banks held steady. Three years is too short to call a trend, and for a bank lending a few dozen large loans, a handful either way moves the total.
Its main market is the Washington-Arlington-Alexandria metro, where it ranked 171 of 757 lenders. Rocket Mortgage and United Wholesale Mortgage lead that market. Lending mainly in one large metro may explain why 23.3% of its loans went to majority-minority neighborhoods, against 5.6% at similar banks.
Similar lenders: same lender type, originations between half and twice the lender's in the data year. Written from the 2025 HMDA data and checked figure by figure against it.
FIG. 1 — LOANS ORIGINATED, 2023–2025
Originated means the loan was made: applications denied, withdrawn or not accepted are not counted. Years with no HMDA report from this lender are left out: since 2020 a bank making fewer than 100 closed-end loans a year need not report. Founders Bank took 45 applications in 2025.
SOURCE: FFIEC HMDA, LOANS ORIGINATED (ACTION TAKEN: LOAN ORIGINATED)
FIG. 2 — PRODUCT MIX, 2025
Purchase 76.7% · Refinance 20.0% · Home improvement 3.3%
Conventional 100.0% · of 30 loans. Purchase: buying a home. Refinance: replacing an existing mortgage, including cash-out. FHA: insured by the Federal Housing Administration. VA: guaranteed by the Department of Veterans Affairs. Conventional: neither.
SOURCE: FFIEC HMDA 2025, LOANS ORIGINATED
Where it lends, 2025
| State | Loans | Share |
|---|---|---|
| District of Columbia | 14 | 46.7% |
| Maryland | 10 | 33.3% |
| Virginia | 6 | 20.0% |
Largest metro areas, 2025
| Metro area | Loans |
|---|---|
| Washington | 16 |
| Frederick-Gaithersburg-Bethesda | 8 |
| Arlington-Alexandria-Reston | 6 |
Identifiers
| LEI (Legal Entity Identifier, the global company code HMDA has used since 2018) | 2549002YCVJ49XA9UI32 | 2023–2025 |
| RSSD (the Federal Reserve's identifier for banks and their parents) | 5398355 | 2023–2023 |
Established 30 March 2020. Reported under HMDA 2023-2025.
Mergers, name changes, data editions and corrections: Founders Bank's data.
Founders Bank's data
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Founders Bank and its peers, 2018–2025: every application in the HMDA data, cleaned and corrected, as Parquet files, with the Jenner programs that made these pages.
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