Summit Funding in Oregon vs the state
3.6%Denial rate-11.67 pts vs state
4.5%Decision denial rate-14.68 pts vs state
77.1%Origination rate+16.49 pts vs state
6.63%Median rate-0.13 pts vs state
0.44Rate spread (pts)+0.16 pts vs state
$111kMedian applicant income
805Loans originated
38Denied
Trend in Oregon
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,100 | 834 | 3.7% | 6.75% | #27 |
| 2024 | 1,059 | 823 | 3.7% | 6.63% | #34 |
| 2025 | 1,044 | 805 | 3.6% | 6.63% | #41 |
What Summit Funding lends in Oregon
By loan purpose
By loan type
Why it denied Oregon applicants
Where in Oregon
Counties with the most Summit Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lane County | 536 | 418 | 20 | 3.7% |
| Klamath County | 156 | 130 | 2 | 1.3% |
| Linn County | 104 | 86 | 2 | 1.9% |
| Deschutes County | 53 | 39 | 2 | 3.8% |
| Douglas County | 45 | 36 | 2 | 4.4% |
| Jackson County | 24 | 11 | 0 | 0.0% |
| Clackamas County | 19 | 14 | 0 | 0.0% |
| Marion County | 15 | 10 | 1 | 6.7% |
| Benton County | 13 | 8 | 3 | 23.1% |
| Yamhill County | 11 | 7 | 0 | 0.0% |
Other large lenders in Oregon
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Onpoint Community Credit Union | B | 10,710 | 15.7% | 7.50% |
| Rocket Mortgage | C | 6,649 | 16.3% | 6.75% |
| United Shore Financial Services | B | 6,600 | 10.4% | 6.25% |
| Guild Mortgage | A | 6,034 | 2.6% | 6.55% |
| U.S. Bank | D | 4,875 | 31.6% | 7.85% |
| Umpqua Bank | C | 3,155 | 23.0% | 7.50% |
| Newrez | D | 2,945 | 12.9% | 6.63% |
| CMG Mortgage | A | 2,702 | 2.9% | 6.50% |
| Pennymac Loan Services | C | 2,642 | 10.2% | 6.62% |
| Rogue Credit Union | C | 2,511 | 10.2% | 7.49% |
Frequently asked questions
Oregon: 1,044 applications in 2025, of which 805 were originated and 38 denied.
3.6% of all applications, or 4.5% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.
The median rate on loans Summit Funding originated in Oregon in 2025 was 6.63%, against a statewide median of 6.75%.
About this data. Figures are Summit Funding'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