Rocket Mortgage · Oregon · 2025

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

Rocket Mortgage took 6,649 mortgage applications in Oregon in 2025, ranking #2 of 700 lenders active in the state. It originated 73.0% of them and denied 16.3% (17.8% of the applications it decided), against a statewide denial rate of 15.3%.

6.6kApplicationsin OR
17.8%Decision denial ratestate 19.2%
6.75%Median ratestate 6.75%
$265,000Median loanstate $275,000
$1.4BVolume36 counties

Rocket Mortgage in Oregon vs the state

16.3%Denial rate+0.96 pts vs state
17.8%Decision denial rate-1.40 pts vs state
73.0%Origination rate+12.34 pts vs state
6.75%Median rate0.00 pts vs state
0.45Rate spread (pts)+0.18 pts vs state
$107kMedian applicant income
4,851Loans originated
1,082Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,0993,08814.9%6.63%#5
20244,9753,72315.8%6.75%#4
20256,6494,85116.3%6.75%#2

What Rocket Mortgage lends in Oregon

By loan purpose

Home purchase 1,817 27% · 10.0% denied
Refinance 1,144 17% · 17.6% denied
Cash-out refinance 3,409 51% · 18.8% denied
Home improvement 93 1% · 26.9% denied
Other / HELOC 186 3% · 17.7% denied

By loan type

Conventional 5,232 79% · 14.7% denied
FHA 890 13% · 25.7% denied
VA 527 8% · 15.8% denied

Why it denied Oregon applicants

Collateral 445 41%
Debt-to-income ratio 272 25%
Incomplete application 196 18%
Credit history 48 4%
Insufficient cash 45 4%
Other 42 4%
Unverifiable information 24 2%
Employment history 10 1%

Where in Oregon

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 843603143 17.0%
Washington County 769575105 13.7%
Clackamas County 60746389 14.7%
Marion County 60645081 13.4%
Lane County 54040196 17.8%
Deschutes County 44534957 12.8%
Jackson County 35424361 17.2%
Linn County 28420451 18.0%
Douglas County 21214543 20.3%
Yamhill County 19714726 13.2%

Other large lenders in Oregon

LenderGradeApplicationsDenial rateMedian rate
Onpoint Community Credit UnionB 10,71015.7%7.50%
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%
Bank of AmericaF 2,38926.6%6.24%

Frequently asked questions

Oregon: 6,649 applications in 2025, of which 4,851 were originated and 1,082 denied.

16.3% of all applications, or 17.8% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

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

About this data. Figures are Rocket Mortgage'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