Commerce Home Mortgage in Oregon vs the state
9.9%Denial rate-5.40 pts vs state
13.4%Decision denial rate-5.75 pts vs state
64.0%Origination rate+3.34 pts vs state
7.13%Median rate+0.38 pts vs state
0.84Rate spread (pts)+0.57 pts vs state
$161kMedian applicant income
142Loans originated
22Denied
Trend in Oregon
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 336 | 183 | 5.4% | 7.38% | #79 |
| 2024 | 247 | 126 | 8.1% | 7.00% | #96 |
| 2025 | 222 | 142 | 9.9% | 7.13% | #112 |
What Commerce Home Mortgage lends in Oregon
By loan purpose
By loan type
Why it denied Oregon applicants
Where in Oregon
Counties with the most Commerce Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Deschutes County | 53 | 40 | 2 | 3.8% |
| Multnomah County | 45 | 24 | 6 | 13.3% |
| Clackamas County | 29 | 21 | 2 | 6.9% |
| Washington County | 21 | 12 | 1 | 4.8% |
| Lane County | 13 | 3 | 4 | 30.8% |
| Clatsop County | 10 | 5 | 1 | 10.0% |
| Yamhill County | 7 | 5 | 1 | 14.3% |
| Marion County | 6 | 5 | 0 | 0.0% |
| Tillamook County | 6 | 4 | 0 | 0.0% |
| Polk County | 5 | 4 | 0 | 0.0% |
Other large lenders in Oregon
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Onpoint Community Credit Union | B | 10,710 | 15.7% | 7.50% |
| Rocket Mortgage | C | 6,649 | 16.3% | 6.75% |
| United Shore Financial Services | B | 6,600 | 10.4% | 6.25% |
| Guild Mortgage | A | 6,034 | 2.6% | 6.55% |
| U.S. Bank | D | 4,875 | 31.6% | 7.85% |
| Umpqua Bank | C | 3,155 | 23.0% | 7.50% |
| Newrez | D | 2,945 | 12.9% | 6.63% |
| CMG Mortgage | A | 2,702 | 2.9% | 6.50% |
| Pennymac Loan Services | C | 2,642 | 10.2% | 6.62% |
| Rogue Credit Union | C | 2,511 | 10.2% | 7.49% |
Frequently asked questions
Oregon: 222 applications in 2025, of which 142 were originated and 22 denied.
9.9% of all applications, or 13.4% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.
The median rate on loans Commerce Home Mortgage originated in Oregon in 2025 was 7.13%, against a statewide median of 6.75%.
About this data. Figures are Commerce Home 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