Red Canoe Credit Union · Oregon · 2025

Red Canoe Credit Union in Oregon: approval rate, denial rate and rates (2025)

Red Canoe Credit Union took 106 mortgage applications in Oregon in 2025, ranking #164 of 700 lenders active in the state. It originated 64.2% of them and denied 7.6% (10.4% of the applications it decided), against a statewide denial rate of 15.3%.

106Applicationsin OR
10.4%Decision denial ratestate 19.2%
7.50%Median ratestate 6.75%
$105,000Median loanstate $275,000
$13MVolume16 counties

Red Canoe Credit Union in Oregon vs the state

7.6%Denial rate-7.76 pts vs state
10.4%Decision denial rate-8.77 pts vs state
64.2%Origination rate+3.53 pts vs state
7.50%Median rate+0.75 pts vs state
0.35Rate spread (pts)+0.07 pts vs state
$124kMedian applicant income
68Loans originated
8Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
202387643.5%7.24%#155
202498589.2%7.74%#158
2025106687.6%7.50%#164

What Red Canoe Credit Union lends in Oregon

By loan purpose

Home purchase 22 21% · 0.0% denied
Refinance 15 14% · 6.7% denied
Cash-out refinance 42 40% · 14.3% denied
Home improvement 26 25% · 3.9% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 106 100% · 7.6% denied

Why it denied Oregon applicants

Debt-to-income ratio 4 50%
Credit history 4 50%

Where in Oregon

Counties with the most Red Canoe Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Linn County 34234 11.8%
Columbia County 1380 0.0%
Marion County 1181 9.1%
Benton County 961 11.1%
Clackamas County 850 0.0%
Deschutes County 630 0.0%
Lincoln County 640 0.0%
Clatsop County 521 20.0%
Lane County 430 0.0%
Tillamook County 310 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: 106 applications in 2025, of which 68 were originated and 8 denied.

7.6% of all applications, or 10.4% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans Red Canoe Credit Union originated in Oregon in 2025 was 7.50%, against a statewide median of 6.75%.

About this data. Figures are Red Canoe Credit Union'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