Discover Bank · Oregon · 2025

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

Discover Bank took 797 mortgage applications in Oregon in 2025, ranking #54 of 700 lenders active in the state. It originated 16.1% of them and denied 50.8% (75.1% of the applications it decided), against a statewide denial rate of 15.3%.

797Applicationsin OR
75.1%Decision denial ratestate 19.2%
8.97%Median ratestate 6.75%
$75,000Median loanstate $275,000
$11MVolume31 counties

Discover Bank in Oregon vs the state

50.8%Denial rate+35.51 pts vs state
75.1%Decision denial rate+55.98 pts vs state
16.1%Origination rate-44.56 pts vs state
8.97%Median rate+2.22 pts vs state
2.33Rate spread (pts)+2.05 pts vs state
$108kMedian applicant income
128Loans originated
405Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,28939643.9%9.24%#11
20242,20436850.5%8.86%#9
202579712850.8%8.97%#54

What Discover Bank lends in Oregon

By loan purpose

Home purchase 33 4% · 48.5% denied
Refinance 129 16% · 51.2% denied
Home improvement 222 28% · 42.3% denied
Other / HELOC 413 52% · 55.5% denied

By loan type

Conventional 797 100% · 50.8% denied

Why it denied Oregon applicants

Credit history 157 39%
Debt-to-income ratio 91 22%
Incomplete application 55 14%
Collateral 54 13%
Other 36 9%
Unverifiable information 8 2%
Employment history 4 1%

Where in Oregon

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washington County 1202260 50.0%
Multnomah County 1131556 49.6%
Clackamas County 931649 52.7%
Lane County 711135 49.3%
Marion County 52922 42.3%
Deschutes County 411117 41.5%
Jackson County 38624 63.2%
Linn County 30316 53.3%
Polk County 25315 60.0%
Yamhill County 25714 56.0%

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: 797 applications in 2025, of which 128 were originated and 405 denied.

50.8% of all applications, or 75.1% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans Discover Bank originated in Oregon in 2025 was 8.97%, against a statewide median of 6.75%.

About this data. Figures are Discover 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