Cake Mortgage · Oregon · 2025

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

Cake Mortgage took 15 mortgage applications in Oregon in 2025, ranking #322 of 700 lenders active in the state. It originated 60.0% of them and denied 13.3% (18.2% of the applications it decided), against a statewide denial rate of 15.3%.

15Applicationsin OR
18.2%Decision denial ratestate 19.2%
7.75%Median ratestate 6.75%
$375,000Median loanstate $275,000
$4.1MVolume8 counties

Cake Mortgage in Oregon vs the state

13.3%Denial rate-1.98 pts vs state
18.2%Decision denial rate-0.98 pts vs state
60.0%Origination rate-0.62 pts vs state
7.75%Median rate+1.00 pts vs state
1.40Rate spread (pts)+1.12 pts vs state
$10kMedian applicant income
9Loans originated
2Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235140.0%6.88%#440
20247114.3%9.50%#393
202515913.3%7.75%#322

What Cake Mortgage lends in Oregon

By loan purpose

Home purchase 5 33% · 40.0% denied
Cash-out refinance 10 67% · 0.0% denied

By loan type

Conventional 15 100% · 13.3% denied

Why it denied Oregon applicants

Incomplete application 1 50%
Other 1 50%

Where in Oregon

Counties with the most Cake Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Clackamas County 430 0.0%
Washington County 420 0.0%
Yamhill County 201 50.0%
Umatilla County 110 0.0%
Josephine County 110 0.0%
Multnomah County 101 100.0%
Clatsop County 110 0.0%
Lane County 110 0.0%

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: 15 applications in 2025, of which 9 were originated and 2 denied.

13.3% of all applications, or 18.2% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans Cake Mortgage originated in Oregon in 2025 was 7.75%, against a statewide median of 6.75%.

About this data. Figures are Cake 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