Pennymac Loan Services · Oregon · 2025

Pennymac Loan Services in Oregon: approval rate, denial rate and rates (2025)

Pennymac Loan Services took 2,642 mortgage applications in Oregon in 2025, ranking #9 of 700 lenders active in the state. It originated 57.4% of them and denied 10.2% (14.7% of the applications it decided), against a statewide denial rate of 15.3%.

2.6kApplicationsin OR
14.7%Decision denial ratestate 19.2%
6.62%Median ratestate 6.75%
$305,000Median loanstate $275,000
$544MVolume33 counties

Pennymac Loan Services in Oregon vs the state

10.2%Denial rate-5.13 pts vs state
14.7%Decision denial rate-4.46 pts vs state
57.4%Origination rate-3.20 pts vs state
6.62%Median rate-0.13 pts vs state
0.36Rate spread (pts)+0.08 pts vs state
$120kMedian applicant income
1,517Loans originated
269Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,40172112.2%6.75%#19
20241,78999312.3%6.62%#17
20252,6421,51710.2%6.62%#9

What Pennymac Loan Services lends in Oregon

By loan purpose

Home purchase 731 28% · 8.9% denied
Refinance 616 23% · 6.0% denied
Cash-out refinance 592 22% · 15.4% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 702 27% · 10.8% denied

By loan type

Conventional 1,855 70% · 9.9% denied
FHA 509 19% · 11.8% denied
VA 267 10% · 9.4% denied
USDA / RHS 11 0% · 9.1% denied

Why it denied Oregon applicants

Debt-to-income ratio 118 44%
Collateral 57 21%
Credit history 30 11%
Incomplete application 23 9%
Unverifiable information 16 6%
Insufficient cash 14 5%
Other 9 3%
Employment history 2 1%

Where in Oregon

Counties with the most Pennymac Loan Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 38021140 10.5%
Washington County 36722529 7.9%
Clackamas County 28716925 8.7%
Marion County 24114433 13.7%
Deschutes County 18312411 6.0%
Lane County 1738621 12.1%
Jackson County 16510015 9.1%
Linn County 99498 8.1%
Yamhill County 99648 8.1%
Douglas County 74409 12.2%

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%
Rogue Credit UnionC 2,51110.2%7.49%
Bank of AmericaF 2,38926.6%6.24%

Frequently asked questions

Oregon: 2,642 applications in 2025, of which 1,517 were originated and 269 denied.

10.2% of all applications, or 14.7% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans Pennymac Loan Services originated in Oregon in 2025 was 6.62%, against a statewide median of 6.75%.

About this data. Figures are Pennymac Loan Services'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