BMO Bank · Oregon · 2025

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

BMO Bank took 413 mortgage applications in Oregon in 2025, ranking #73 of 700 lenders active in the state. It originated 41.9% of them and denied 34.1% (44.6% of the applications it decided), against a statewide denial rate of 15.3%.

413Applicationsin OR
44.6%Decision denial ratestate 19.2%
7.88%Median ratestate 6.75%
$205,000Median loanstate $275,000
$77MVolume27 counties

BMO Bank in Oregon vs the state

34.1%Denial rate+18.83 pts vs state
44.6%Decision denial rate+25.46 pts vs state
41.9%Origination rate-18.73 pts vs state
7.88%Median rate+1.13 pts vs state
0.80Rate spread (pts)+0.52 pts vs state
$126kMedian applicant income
173Loans originated
141Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
202335319427.8%7.25%#77
202443718129.5%7.38%#67
202541317334.1%7.88%#73

What BMO Bank lends in Oregon

By loan purpose

Home purchase 130 31% · 17.7% denied
Refinance 7 2% · 28.6% denied
Cash-out refinance 55 13% · 41.8% denied
Home improvement 134 32% · 43.3% denied
Other / HELOC 87 21% · 40.2% denied

By loan type

Conventional 407 99% · 33.7% denied
FHA 6 1% · 66.7% denied

Why it denied Oregon applicants

Debt-to-income ratio 82 58%
Credit history 28 20%
Collateral 16 11%
Incomplete application 7 5%
Other 5 4%
Unverifiable information 3 2%

Where in Oregon

Counties with the most BMO Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 913828 30.8%
Washington County 743124 32.4%
Clackamas County 552815 27.3%
Lincoln County 501427 54.0%
Deschutes County 23147 30.4%
Umatilla County 1774 23.5%
Lane County 1564 26.7%
Columbia County 1365 38.5%
Jackson County 1243 25.0%
Wasco County 1136 54.5%

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: 413 applications in 2025, of which 173 were originated and 141 denied.

34.1% of all applications, or 44.6% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans BMO Bank originated in Oregon in 2025 was 7.88%, against a statewide median of 6.75%.

About this data. Figures are BMO Bank'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