Mechanics Bank · Oregon · 2025

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

Mechanics Bank took 48 mortgage applications in Oregon in 2025, ranking #229 of 700 lenders active in the state. It originated 62.5% of them and denied 10.4% (14.3% of the applications it decided), against a statewide denial rate of 15.3%.

48Applicationsin OR
14.3%Decision denial ratestate 19.2%
6.50%Median ratestate 6.75%
$320,000Median loanstate $275,000
$48MVolume13 counties

Mechanics Bank in Oregon vs the state

10.4%Denial rate-4.89 pts vs state
14.3%Decision denial rate-4.87 pts vs state
62.5%Origination rate+1.88 pts vs state
6.50%Median rate-0.25 pts vs state
0.55Rate spread (pts)+0.27 pts vs state
$161kMedian applicant income
30Loans originated
5Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
202354523.7%5.60%#198
2025483010.4%6.50%#229

What Mechanics Bank lends in Oregon

By loan purpose

Home purchase 13 27% · 0.0% denied
Refinance 4 8% · 0.0% denied
Cash-out refinance 14 29% · 28.6% denied
Home improvement 9 19% · 11.1% denied
Other / HELOC 8 17% · 0.0% denied

By loan type

Conventional 44 92% · 11.4% denied
FHA 1 2% · 0.0% denied
VA 3 6% · 0.0% denied

Why it denied Oregon applicants

Incomplete application 3 60%
Collateral 1 20%
Debt-to-income ratio 1 20%

Where in Oregon

Counties with the most Mechanics Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 18104 22.2%
Clackamas County 870 0.0%
Marion County 530 0.0%
Washington County 511 20.0%
Umatilla County 200 0.0%
Deschutes County 220 0.0%
Lane County 210 0.0%
Linn County 110 0.0%
Yamhill County 110 0.0%
Clatsop County 110 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: 48 applications in 2025, of which 30 were originated and 5 denied.

10.4% of all applications, or 14.3% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

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

About this data. Figures are Mechanics 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