Luminate Bank · Oregon · 2025

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

Luminate Bank took 41 mortgage applications in Oregon in 2025, ranking #245 of 700 lenders active in the state. It originated 68.3% of them and denied 2.4% (3.5% of the applications it decided), against a statewide denial rate of 15.3%.

41Applicationsin OR
3.5%Decision denial ratestate 19.2%
6.50%Median ratestate 6.75%
$405,000Median loanstate $275,000
$11MVolume12 counties

Luminate Bank in Oregon vs the state

2.4%Denial rate-12.87 pts vs state
3.5%Decision denial rate-15.71 pts vs state
68.3%Origination rate+7.67 pts vs state
6.50%Median rate-0.25 pts vs state
0.44Rate spread (pts)+0.16 pts vs state
$128kMedian applicant income
28Loans originated
1Denied

What Luminate Bank lends in Oregon

By loan purpose

Home purchase 37 90% · 2.7% denied
Refinance 2 5% · 0.0% denied
Cash-out refinance 2 5% · 0.0% denied

By loan type

Conventional 28 68% · 0.0% denied
FHA 6 15% · 0.0% denied
VA 7 17% · 14.3% denied

Why it denied Oregon applicants

Collateral 1 100%

Where in Oregon

Counties with the most Luminate Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Coos County 1060 0.0%
Multnomah County 860 0.0%
Washington County 650 0.0%
Clackamas County 550 0.0%
Marion County 210 0.0%
Polk County 210 0.0%
Lincoln County 211 50.0%
Lane County 210 0.0%
Deschutes County 110 0.0%
Douglas County 100 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: 41 applications in 2025, of which 28 were originated and 1 denied.

2.4% of all applications, or 3.5% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

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

About this data. Figures are Luminate 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