NexBank · Oregon · 2025

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

NexBank took 66 mortgage applications in Oregon in 2025, ranking #201 of 700 lenders active in the state. It originated 80.3% of them and denied 9.1% (10.2% of the applications it decided), against a statewide denial rate of 15.3%.

66Applicationsin OR
10.2%Decision denial ratestate 19.2%
6.63%Median ratestate 6.75%
$425,000Median loanstate $275,000
$24MVolume16 counties

NexBank in Oregon vs the state

9.1%Denial rate-6.22 pts vs state
10.2%Decision denial rate-8.99 pts vs state
80.3%Origination rate+19.68 pts vs state
6.63%Median rate-0.13 pts vs state
0.08Rate spread (pts)-0.19 pts vs state
$200kMedian applicant income
53Loans originated
6Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
202328203.6%6.88%#244
202444356.8%6.63%#212
202566539.1%6.63%#201

What NexBank lends in Oregon

By loan purpose

Home purchase 48 73% · 4.2% denied
Refinance 11 17% · 27.3% denied
Cash-out refinance 4 6% · 25.0% denied
Other / HELOC 3 5% · 0.0% denied

By loan type

Conventional 65 98% · 9.2% denied
FHA 1 2% · 0.0% denied

Why it denied Oregon applicants

Insufficient cash 2 33%
Collateral 2 33%
Other 1 17%
Unverifiable information 1 17%

Where in Oregon

Counties with the most NexBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 16123 18.8%
Washington County 12100 0.0%
Marion County 990 0.0%
Clackamas County 861 12.5%
Deschutes County 440 0.0%
Jackson County 320 0.0%
Douglas County 210 0.0%
Tillamook County 220 0.0%
Coos County 202 100.0%
Lane County 220 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: 66 applications in 2025, of which 53 were originated and 6 denied.

9.1% of all applications, or 10.2% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans NexBank originated in Oregon in 2025 was 6.63%, against a statewide median of 6.75%.

About this data. Figures are NexBank'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