Oregon Mortgage Lending
611 lenders reporting under HMDA
Statewide mortgage activity. Lenders filed 143,348 HMDA-reported mortgage applications in Oregon in 2024, originating 77,999 loans and denying 21,729. That puts the statewide denial rate at 15.2% and the approval (origination) rate at 54.4%. The average loan amount across Oregon was $328,738 at an average note rate of 7.34%. 611 distinct institutions — banks, credit unions, and independent mortgage companies — filed HMDA data covering activity in the state. Applications span 36 counties and 9 metropolitan areas.
What drives state-level differences. State mortgage denial rates reflect applicant mix more than lender stance. Credit profiles, loan-to-value ratios, debt-to-income, property type, and rural-versus-urban composition all move the number before any lender policy does. Demographic lending data reported under HMDA shows variation across applicant groups — for example, White applicants had an approval rate of 61.0% and denial rate of 16.2%; while Asian applicants had an approval rate of 58.0% and denial rate of 15.2%. These are derived race categories as reported by applicants and do not by themselves prove causation; credit score, income, and loan-to-value are not reported in HMDA and drive much of the underlying variation. Top counties by volume include Multnomah County, Washington County, Clackamas County.
How to read this page. These are aggregate 2024 HMDA disclosures published by the Consumer Financial Protection Bureau — a federal transparency dataset, not a real-time market feed. A state-level number is useful for context but cannot tell you what rate, fees, or underwriting any individual lender will offer a specific borrower. This page is informational data reporting, not financial, legal, or mortgage advice. Shop at least three lenders, compare Loan Estimates line-by-line, and consult a licensed mortgage professional before applying. Data reflects the CFPB HMDA 2024 Snapshot National Loan-Level Dataset; demographic fields reflect derived categories as reported by applicants.
Nearby Lenders in Oregon
Top HMDA-reporting lenders active in Oregon. Compare any two side-by-side for rates, denial rates, and loan mix.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | OnPoint Community Credit Union | 6,540 | 8.4% |
| 2 | United Wholesale Mortgage | 4,231 | 5.4% |
| 3 | GUILD MORTGAGE COMPANY | 3,813 | 4.9% |
| 4 | ROCKET MORTGAGE | 3,723 | 4.8% |
| 5 | US BANK, N.A. | 2,438 | 3.1% |
Lending by Race in Oregon
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 92,804 | 61.0% | 16.2% |
| Asian | 6,364 | 58.0% | 15.2% |
| Joint | 4,480 | 65.5% | 12.2% |
| Black or African American | 2,242 | 55.8% | 20.9% |
| American Indian or Alaska Native | 1,301 | 53.0% | 22.4% |
| Native Hawaiian or Other Pacific Islander | 403 | 49.9% | 24.3% |
| 2 or more minority races | 297 | 46.1% | 29.0% |
Counties in Oregon
| County | Applications | Originated | Denial Rate | Avg Loan |
|---|---|---|---|---|
| Multnomah County | 22,963 | 12,719 | 14.2% | $370,626 |
| Washington County | 19,761 | 11,071 | 13.1% | $374,185 |
| Clackamas County | 15,383 | 8,347 | 16.4% | $375,096 |
| Lane County | 11,940 | 6,664 | 15.7% | $268,127 |
| Marion County | 11,230 | 5,896 | 15.9% | $282,763 |
| Deschutes County | 10,077 | 5,903 | 12.9% | $393,198 |
| Jackson County | 7,375 | 4,112 | 14.6% | $323,673 |
| Linn County | 4,713 | 2,458 | 16.2% | $414,251 |
| Douglas County | 3,884 | 1,973 | 17.3% | $239,305 |
| Yamhill County | 3,871 | 2,114 | 15.7% | $313,404 |
| Polk County | 3,334 | 1,835 | 14.7% | $282,247 |
| Josephine County | 2,914 | 1,562 | 16.7% | $248,514 |
| Coos County | 2,606 | 1,356 | 18.0% | $230,200 |
| Umatilla County | 2,605 | 1,355 | 16.8% | $222,240 |
| Klamath County | 2,581 | 1,346 | 16.8% | $216,709 |
| Lincoln County | 2,246 | 1,174 | 15.8% | $279,648 |
| Benton County | 2,206 | 1,289 | 12.6% | $358,572 |
| Columbia County | 1,923 | 1,053 | 16.6% | $276,279 |
| Clatsop County | 1,718 | 870 | 18.3% | $328,166 |
| Crook County | 1,327 | 732 | 13.1% | $311,827 |
| Tillamook County | 1,271 | 708 | 16.2% | $298,525 |
| Jefferson County | 981 | 524 | 13.9% | $251,646 |
| Wasco County | 816 | 399 | 20.8% | $239,436 |
| Malheur County | 768 | 353 | 19.8% | $203,268 |
| Curry County | 765 | 374 | 17.1% | $271,549 |
| Union County | 718 | 354 | 16.4% | $215,836 |
| Baker County | 617 | 286 | 19.1% | $217,334 |
| Hood River County | 608 | 317 | 14.8% | $341,464 |
| Morrow County | 333 | 184 | 18.3% | $230,856 |
| Wallowa County | 258 | 126 | 21.3% | $249,186 |
| Harney County | 222 | 114 | 19.4% | $160,360 |
| Lake County | 209 | 106 | 19.6% | $203,565 |
| Grant County | 194 | 101 | 13.4% | $192,835 |
| Gilliam County | 54 | 28 | 9.3% | $199,074 |
| Sherman County | 49 | 23 | 14.3% | $223,163 |
| Wheeler County | 28 | 9 | 35.7% | $166,786 |
Metro Areas in Oregon
Frequently Asked Questions
How many mortgage applications were filed in Oregon?
What is the mortgage denial rate in Oregon?
What is the average mortgage loan amount in Oregon?
How many mortgage lenders operate in Oregon?
How do mortgage denial rates vary by demographics in Oregon?
Which counties in Oregon have the most mortgage activity?
Mortgage Lending Guides
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.
Read our methodology — how this data is sourced, computed, and verified.
