Lower · Oregon · 2025

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

Lower took 187 mortgage applications in Oregon in 2025, ranking #123 of 700 lenders active in the state. It originated 51.3% of them and denied 9.6% (15.8% of the applications it decided), against a statewide denial rate of 15.3%.

187Applicationsin OR
15.8%Decision denial ratestate 19.2%
6.50%Median ratestate 6.75%
$355,000Median loanstate $275,000
$37MVolume28 counties

Lower in Oregon vs the state

9.6%Denial rate-5.68 pts vs state
15.8%Decision denial rate-3.37 pts vs state
51.3%Origination rate-9.28 pts vs state
6.50%Median rate-0.25 pts vs state
0.25Rate spread (pts)-0.03 pts vs state
$114kMedian applicant income
96Loans originated
18Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023341429.4%7.19%#229
20241156411.3%6.63%#150
2025187969.6%6.50%#123

What Lower lends in Oregon

By loan purpose

Home purchase 67 36% · 4.5% denied
Refinance 31 17% · 3.2% denied
Cash-out refinance 89 48% · 15.7% denied

By loan type

Conventional 102 55% · 4.9% denied
FHA 52 28% · 21.2% denied
VA 33 18% · 6.1% denied

Why it denied Oregon applicants

Credit history 7 39%
Debt-to-income ratio 4 22%
Collateral 4 22%
Employment history 2 11%
Incomplete application 1 6%

Where in Oregon

Counties with the most Lower applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washington County 33251 3.0%
Multnomah County 29135 17.2%
Clackamas County 21110 0.0%
Marion County 1791 5.9%
Deschutes County 1252 16.7%
Douglas County 842 25.0%
Jackson County 830 0.0%
Josephine County 710 0.0%
Lane County 740 0.0%
Linn County 640 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: 187 applications in 2025, of which 96 were originated and 18 denied.

9.6% of all applications, or 15.8% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans Lower originated in Oregon in 2025 was 6.50%, against a statewide median of 6.75%.

About this data. Figures are Lower'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