Pacific Residential Mortgage, LLC

BEAVERTON, OR

Pacific Residential Mortgage, LLC processed 1,653 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,121 loans with a 2.7% denial rate. Home Purchase was the primary loan purpose. Based in BEAVERTON, OR. The approval rate of 67.8% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Pacific Residential Mortgage, LLC's 67.8% origination rate tells you how often an application turned into funded money; the 2.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Insufficient cash, Credit history, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,110 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.

1,653
Applications
1,121
Originated
2.7%
Denial Rate
$413,324
Avg Loan Amount
Avg Interest Rate: 6.654% Avg Applicant Income: $40,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,110 780 16 $412,802
FHA 398 249 19 $399,950
VA 136 85 8 $463,676
USDA 9 7 2 $308,333

Top loan types - Pacific Residential Mortgage, LLC

Top loan types - Pacific Residential Mortgage, LLC Horizontal bar chart of the top 4 items by value (applications). Top loan types - Pacific Residential Mortgage, LLC Top 4 1. Conventional 1,110 2. FHA 398 3. VA 136 4. USDA 9 Top 5 loan types by application volume at Pacific Residential Mortgage, LLC (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Pacific Residential Mortgage, LLC (LEI: 549300TUQC6OYE8A0Y96) · 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

Insufficient cash
17
Credit history
17
Other
10
Unverifiable information
8
Employment history
3
Collateral
2
Debt-to-income ratio
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 1,398 986 $418,355
Refinancing 164 91 $406,220
Cash-out Refinancing 91 44 $348,846

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 1,145 70.7% 2.9%
Asian 76 68.4% 0.0%
Joint 71 66.2% 0.0%
Black or African American 51 58.8% 5.9%
American Indian or Alaska Native * 28 57.1% 7.1%
Native Hawaiian or Other Pacific Islander * 4 75.0% 25.0%
2 or more minority races * 1 0.0% 100.0%

* 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 1,039 70.5% 2.4%
Hispanic or Latino 272 62.1% 4.8%
Joint 62 71.0% 1.6%

Nearby Lenders in OR

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

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Pacific Residential Mortgage, LLC process?
Pacific Residential Mortgage, LLC processed 1,653 mortgage applications in the 2024 HMDA reporting year. Of these, 1,121 were originated (approved and funded), 263 were withdrawn by the applicant, and 45 were denied.
What is Pacific Residential Mortgage, LLC's mortgage approval rate?
Pacific Residential Mortgage, LLC has an approval (origination) rate of 67.8%, meaning 67.8% of all applications resulted in a funded mortgage. The denial rate is 2.7%.
What is the average loan amount at Pacific Residential Mortgage, LLC?
The average mortgage loan amount at Pacific Residential Mortgage, LLC is $413,324. The average interest rate is 6.654%. The average applicant income is $40,000.
What are the most common reasons for mortgage denial at Pacific Residential Mortgage, LLC?
The most common reasons for mortgage denial at Pacific Residential Mortgage, LLC are: Insufficient cash, Credit history, Other. In total, 45 applications were denied out of 1,653 total applications.
What types of mortgage loans does Pacific Residential Mortgage, LLC offer?
Pacific Residential Mortgage, LLC processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 1,110 applications and an average loan amount of $412,802.
What loan purposes does Pacific Residential Mortgage, LLC serve?
Pacific Residential Mortgage, LLC serves the following loan purposes: Home Purchase (1,398 applications), Refinancing (164 applications), Cash-out Refinancing (91 applications). Home Purchase is the most common purpose.
Where is Pacific Residential Mortgage, LLC located?
Pacific Residential Mortgage, LLC is headquartered in BEAVERTON, OR. The lender is identified by LEI 549300TUQC6OYE8A0Y96 in HMDA data.
How does Pacific Residential Mortgage, LLC compare in lending across racial demographics?
Pacific Residential Mortgage, LLC reports demographic lending data under HMDA requirements. White applicants have an approval rate of 70.7% and denial rate of 2.9%; Asian applicants have an approval rate of 68.4% and denial rate of 0.0%; Joint applicants have an approval rate of 66.2% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

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.