Bank of America · Oregon · 2025

Bank of America in Oregon: approval rate, denial rate and rates (2025)

Bank of America took 2,389 mortgage applications in Oregon in 2025, ranking #11 of 700 lenders active in the state. It originated 43.7% of them and denied 26.6% (37.3% of the applications it decided), against a statewide denial rate of 15.3%.

2.4kApplicationsin OR
37.3%Decision denial ratestate 19.2%
6.24%Median ratestate 6.75%
$145,000Median loanstate $275,000
$325MVolume33 counties

Bank of America in Oregon vs the state

26.6%Denial rate+11.31 pts vs state
37.3%Decision denial rate+18.10 pts vs state
43.7%Origination rate-16.92 pts vs state
6.24%Median rate-0.51 pts vs state
1.20Rate spread (pts)+0.92 pts vs state
$131kMedian applicant income
1,044Loans originated
636Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,6081,06643.4%6.99%#8
20242,13686831.7%6.99%#10
20252,3891,04426.6%6.24%#11

What Bank of America lends in Oregon

By loan purpose

Home purchase 433 18% · 16.6% denied
Refinance 412 17% · 22.1% denied
Cash-out refinance 18 1% · 5.6% denied
Home improvement 931 39% · 29.9% denied
Other / HELOC 595 25% · 32.6% denied

By loan type

Conventional 2,385 100% · 26.6% denied
FHA 3 0% · 33.3% denied
VA 1 0% · 0.0% denied

Why it denied Oregon applicants

Debt-to-income ratio 287 45%
Credit history 204 32%
Collateral 105 17%
Unverifiable information 26 4%
Other 12 2%
Insufficient cash 1 0%
Employment history 1 0%

Where in Oregon

Counties with the most Bank of America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 542242133 24.5%
Washington County 536250137 25.6%
Clackamas County 498224139 27.9%
Deschutes County 21111744 20.9%
Marion County 1214041 33.9%
Lane County 1083537 34.3%
Polk County 46199 19.6%
Yamhill County 411813 31.7%
Benton County 36212 5.6%
Jackson County 35157 20.0%

Other large lenders in Oregon

LenderGradeApplicationsDenial rateMedian rate
Onpoint Community Credit UnionB 10,71015.7%7.50%
Rocket MortgageC 6,64916.3%6.75%
United Shore Financial ServicesB 6,60010.4%6.25%
Guild MortgageA 6,0342.6%6.55%
U.S. BankD 4,87531.6%7.85%
Umpqua BankC 3,15523.0%7.50%
NewrezD 2,94512.9%6.63%
CMG MortgageA 2,7022.9%6.50%
Pennymac Loan ServicesC 2,64210.2%6.62%
Rogue Credit UnionC 2,51110.2%7.49%

Frequently asked questions

Oregon: 2,389 applications in 2025, of which 1,044 were originated and 636 denied.

26.6% of all applications, or 37.3% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans Bank of America originated in Oregon in 2025 was 6.24%, against a statewide median of 6.75%.

About this data. Figures are Bank of America's own HMDA filing for properties located in Oregon, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology