Multnomah County
Oregon · FIPS 41051
According to CFPB HMDA 2024 application volume among U.S. counties, Multnomah County ranks #111 of 3,210, and #1 of 36 in Oregon.
Mortgage lending activity in Multnomah County, Oregon based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Multnomah County, Oregon saw 22,963 HMDA-reported mortgage applications in 2024. Lenders originated 12,719 of those loans and denied 3,257, producing a denial rate of 14.2% and an approval (origination) rate of 55.4%. The average loan amount was $370,626 at an average note rate of 7.31%, with applicants self-reporting average annual income of $38K. 383 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 9.8x, meaning typical borrowers took on mortgages of about 9.8 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Multnomah County
In Multnomah County, lead originator OnPoint Community Credit Union funded 17.7% of 12,719 originated loans, above the county fleet's upper tercile (~16.7% top-1). The top three reporters together hold 29.3% of the book, so a handful of names dominate disclosed volume here.
Counties With Similar Application Volume
Nationwide counties nearest to Multnomah County's 22,963 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Multnomah County's $370,626 average loan (deduped against volume peers).
Lenders active in Multnomah County
OnPoint Community Credit Union funded 2,252 of the 12,719 loans originated in Multnomah County, 17.7% of the county. 383 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | OnPoint Community Credit Union | 2,252 | 17.7% |
| 2 | United Wholesale Mortgage | 809 | 6.4% |
| 3 | Guild Mortgage Company | 665 | 5.2% |
| 4 | Rocket Mortgage | 431 | 3.4% |
| 5 | Rivermark Community Credit Union | 388 | 3.1% |
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; does not constitute financial advice for Multnomah County borrowers.
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 Multnomah County 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.