TOWER Federal Credit Union · Oregon · 2025

TOWER Federal Credit Union in Oregon: approval rate, denial rate and rates (2025)

TOWER Federal Credit Union took 16 mortgage applications in Oregon in 2025, ranking #312 of 700 lenders active in the state. It originated 62.5% of them and denied 37.5% (37.5% of the applications it decided), against a statewide denial rate of 15.3%.

16Applicationsin OR
37.5%Decision denial ratestate 19.2%
8.50%Median ratestate 6.75%
$150,000Median loanstate $275,000
$1.6MVolume5 counties

TOWER Federal Credit Union in Oregon vs the state

37.5%Denial rate+22.19 pts vs state
37.5%Decision denial rate+18.34 pts vs state
62.5%Origination rate+1.88 pts vs state
8.50%Median rate+1.75 pts vs state
1.04Rate spread (pts)+0.76 pts vs state
$136kMedian applicant income
10Loans originated
6Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
202312716.7%8.50%#325
202417935.3%7.50%#298
2025161037.5%8.50%#312

What TOWER Federal Credit Union lends in Oregon

By loan purpose

Home purchase 1 6% · 100.0% denied
Cash-out refinance 8 50% · 50.0% denied
Home improvement 4 25% · 25.0% denied
Other / HELOC 3 19% · 0.0% denied

By loan type

Conventional 16 100% · 37.5% denied

Why it denied Oregon applicants

Debt-to-income ratio 4 67%
Credit history 1 17%
Other 1 17%

Where in Oregon

Counties with the most TOWER Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 761 14.3%
Klamath County 404 100.0%
Washington County 330 0.0%
Deschutes County 110 0.0%
Marion County 101 100.0%

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: 16 applications in 2025, of which 10 were originated and 6 denied.

37.5% of all applications, or 37.5% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans TOWER Federal Credit Union originated in Oregon in 2025 was 8.50%, against a statewide median of 6.75%.

About this data. Figures are TOWER Federal 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