Summit Mortgage · Oregon · 2025

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

Summit Mortgage took 354 mortgage applications in Oregon in 2025, ranking #80 of 700 lenders active in the state. It originated 70.9% of them and denied 2.0% (2.7% of the applications it decided), against a statewide denial rate of 15.3%.

354Applicationsin OR
2.7%Decision denial ratestate 19.2%
6.49%Median ratestate 6.75%
$415,000Median loanstate $275,000
$112MVolume20 counties

Summit Mortgage in Oregon vs the state

2.0%Denial rate-13.33 pts vs state
2.7%Decision denial rate-16.48 pts vs state
70.9%Origination rate+10.28 pts vs state
6.49%Median rate-0.26 pts vs state
0.12Rate spread (pts)-0.15 pts vs state
$150kMedian applicant income
251Loans originated
7Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233652504.7%6.88%#74
20243582512.8%6.63%#74
20253542512.0%6.49%#80

What Summit Mortgage lends in Oregon

By loan purpose

Home purchase 262 74% · 2.3% denied
Refinance 57 16% · 0.0% denied
Cash-out refinance 4 1% · 0.0% denied
Home improvement 31 9% · 3.2% denied

By loan type

Conventional 301 85% · 2.0% denied
FHA 37 10% · 0.0% denied
VA 13 4% · 7.7% denied
USDA / RHS 3 1% · 0.0% denied

Why it denied Oregon applicants

Credit history 2 29%
Debt-to-income ratio 2 29%
Collateral 2 29%
Insufficient cash 1 14%

Where in Oregon

Counties with the most Summit Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 125902 1.6%
Washington County 91621 1.1%
Clackamas County 60412 3.3%
Deschutes County 19130 0.0%
Lane County 1191 9.1%
Tillamook County 970 0.0%
Marion County 550 0.0%
Lincoln County 420 0.0%
Columbia County 440 0.0%
Malheur County 420 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: 354 applications in 2025, of which 251 were originated and 7 denied.

2.0% of all applications, or 2.7% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans Summit Mortgage originated in Oregon in 2025 was 6.49%, against a statewide median of 6.75%.

About this data. Figures are Summit 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