First Interstate Bank · Oregon · 2025

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

First Interstate Bank took 521 mortgage applications in Oregon in 2025, ranking #62 of 700 lenders active in the state. It originated 60.8% of them and denied 25.0% (28.8% of the applications it decided), against a statewide denial rate of 15.3%.

521Applicationsin OR
28.8%Decision denial ratestate 19.2%
8.25%Median ratestate 6.75%
$105,000Median loanstate $275,000
$63MVolume25 counties

First Interstate Bank in Oregon vs the state

25.0%Denial rate+9.64 pts vs state
28.8%Decision denial rate+9.60 pts vs state
60.8%Origination rate+0.22 pts vs state
8.25%Median rate+1.50 pts vs state
1.06Rate spread (pts)+0.78 pts vs state
$134kMedian applicant income
317Loans originated
130Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
202344728423.5%9.25%#66
202445725730.4%9.25%#66
202552131725.0%8.25%#62

What First Interstate Bank lends in Oregon

By loan purpose

Home purchase 82 16% · 18.3% denied
Refinance 123 24% · 26.0% denied
Cash-out refinance 4 1% · 50.0% denied
Home improvement 226 43% · 24.8% denied
Other / HELOC 86 17% · 29.1% denied

By loan type

Conventional 518 99% · 25.1% denied
FHA 2 0% · 0.0% denied
VA 1 0% · 0.0% denied

Why it denied Oregon applicants

Debt-to-income ratio 76 58%
Collateral 30 23%
Credit history 20 15%
Unverifiable information 3 2%
Other 1 1%

Where in Oregon

Counties with the most First Interstate Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Deschutes County 20612248 23.3%
Jackson County 1126539 34.8%
Josephine County 553810 18.2%
Klamath County 20144 20.0%
Marion County 18133 16.7%
Douglas County 17134 23.5%
Crook County 1793 17.6%
Lane County 1696 37.5%
Coos County 853 37.5%
Lincoln County 770 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: 521 applications in 2025, of which 317 were originated and 130 denied.

25.0% of all applications, or 28.8% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans First Interstate Bank originated in Oregon in 2025 was 8.25%, against a statewide median of 6.75%.

About this data. Figures are First Interstate 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