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Oregonians Credit Union

Milwaukie, OR

Oregonians Credit Union processed 576 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 380 loans with a 17.9% denial rate. Other was the primary loan purpose. Based in Milwaukie, OR. The approval rate of 66.0% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Oregonians Credit Union's 66.0% origination rate tells you how often an application turned into funded money; the 17.9% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Other, Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (576 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.

576
Applications
380
Originated
17.9%
Denial Rate
$91,771
Avg Loan Amount
Avg Interest Rate: 5.154% Avg Applicant Income: $36,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 576 380 103 $91,771

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Oregonians Credit Union (LEI: 549300E34W6TNRG7B624) · 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 Approval rates exclude withdrawn / incomplete applications.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
55
Debt-to-income ratio
37
Collateral
36
Credit history
16
Unverifiable information
8
Employment history
2
Credit application incomplete
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Other 270 170 $86,667
Home Improvement 234 154 $79,744
Refinancing 50 37 $102,600
Cash-out Refinancing 12 12 $255,000
Home Purchase 10 7 $261,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 430 68.6% 16.5%
Asian * 32 65.6% 15.6%
Joint * 17 64.7% 29.4%
Black or African American * 16 43.8% 31.3%
American Indian or Alaska Native * 6 66.7% 16.7%
Native Hawaiian or Other Pacific Islander * 2 50.0% 50.0%
2 or more minority races * 1 100.0% 0.0%

* 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 446 68.8% 17.5%
Hispanic or Latino * 36 55.6% 16.7%
Joint * 13 69.2% 15.4%

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

Nearby Lenders in OR

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

OnPoint Community Credit Union

Portland, OR

10,400 apps 7,152 originated 17.4% denied

Umpqua Bank

PORTLAND, OR

8,064 apps 4,989 originated 20.1% denied

First Technology Credit Union

Beaverton, OR

6,270 apps 3,364 originated 14.7% denied

Rogue Credit Union

MEDFORD, OR

2,752 apps 1,802 originated 12.1% denied

Selco Community Credit Union

SPRINGFIELD, OR

2,086 apps 1,226 originated 27.1% denied
Compare Oregonians Credit Union vs OnPoint Community Credit Union →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Oregonians Credit Union process?
Oregonians Credit Union processed 576 mortgage applications in the 2024 HMDA reporting year. Of these, 380 were originated (approved and funded), 75 were withdrawn by the applicant, and 103 were denied.
What is Oregonians Credit Union's mortgage approval rate?
Oregonians Credit Union has an approval (origination) rate of 66.0%, meaning 66.0% of all applications resulted in a funded mortgage. The denial rate is 17.9%.
What is the average loan amount at Oregonians Credit Union?
The average mortgage loan amount at Oregonians Credit Union is $91,771. The average interest rate is 5.154%. The average applicant income is $36,000.
What are the most common reasons for mortgage denial at Oregonians Credit Union?
The most common reasons for mortgage denial at Oregonians Credit Union are: Other, Debt-to-income ratio, Collateral. In total, 103 applications were denied out of 576 total applications.
What types of mortgage loans does Oregonians Credit Union offer?
Oregonians Credit Union processes Conventional loans. The most common type is Conventional with 576 applications and an average loan amount of $91,771.
What loan purposes does Oregonians Credit Union serve?
Oregonians Credit Union serves the following loan purposes: Other (270 applications), Home Improvement (234 applications), Refinancing (50 applications), Cash-out Refinancing (12 applications), Home Purchase (10 applications). Other is the most common purpose.
Where is Oregonians Credit Union located?
Oregonians Credit Union is headquartered in Milwaukie, OR. The lender is identified by LEI 549300E34W6TNRG7B624 in HMDA data.
How does Oregonians Credit Union compare in lending across racial demographics?
Oregonians Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 68.6% and denial rate of 16.5%; Asian applicants have an approval rate of 65.6% and denial rate of 15.6%; Joint applicants have an approval rate of 64.7% and denial rate of 29.4%. 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.