Better Mortgage · Oregon · 2025

Better Mortgage in Oregon: approval rate, denial rate and rates (2025)

Better Mortgage took 804 mortgage applications in Oregon in 2025, ranking #52 of 700 lenders active in the state. It originated 46.8% of them and denied 24.5% (33.9% of the applications it decided), against a statewide denial rate of 15.3%.

804Applicationsin OR
33.9%Decision denial ratestate 19.2%
6.88%Median ratestate 6.75%
$305,000Median loanstate $275,000
$144MVolume30 counties

Better Mortgage in Oregon vs the state

24.5%Denial rate+9.19 pts vs state
33.9%Decision denial rate+14.75 pts vs state
46.8%Origination rate-13.85 pts vs state
6.88%Median rate+0.13 pts vs state
0.45Rate spread (pts)+0.17 pts vs state
$149kMedian applicant income
376Loans originated
197Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023178925.6%6.25%#115
202424010211.7%6.50%#98
202580437624.5%6.88%#52

What Better Mortgage lends in Oregon

By loan purpose

Home purchase 337 42% · 16.9% denied
Refinance 86 11% · 12.8% denied
Cash-out refinance 107 13% · 29.0% denied
Home improvement 45 6% · 20.0% denied
Other / HELOC 229 28% · 38.9% denied

By loan type

Conventional 721 90% · 25.1% denied
FHA 70 9% · 18.6% denied
VA 13 2% · 23.1% denied

Why it denied Oregon applicants

Incomplete application 94 48%
Debt-to-income ratio 33 17%
Credit history 22 11%
Unverifiable information 19 10%
Collateral 18 9%
Other 9 5%
Insufficient cash 1 1%
Employment history 1 1%

Where in Oregon

Counties with the most Better Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 19810947 23.7%
Washington County 1528728 18.4%
Clackamas County 1114930 27.0%
Deschutes County 713917 23.9%
Lane County 561218 32.1%
Marion County 37186 16.2%
Jackson County 2493 12.5%
Douglas County 1786 35.3%
Lincoln County 1637 43.8%
Linn County 1474 28.6%

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: 804 applications in 2025, of which 376 were originated and 197 denied.

24.5% of all applications, or 33.9% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans Better Mortgage originated in Oregon in 2025 was 6.88%, against a statewide median of 6.75%.

About this data. Figures are Better Mortgage'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