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U.S. Bank · Oregon · 2025

U.S. Bank in Oregon: approval rate, denial rate and rates (2025)

U.S. Bank took 4,875 mortgage applications in Oregon in 2025, ranking #5 of 700 lenders active in the state. It originated 50.6% of them and denied 31.6% (37.8% of the applications it decided), against a statewide denial rate of 15.3%.

4.9kApplicationsin OR
37.8%Decision denial ratestate 19.2%
7.85%Median ratestate 6.75%
$125,000Median loanstate $275,000
$706MVolume35 counties
Full U.S. Bank review All lenders in Oregon

U.S. Bank in Oregon vs the state

31.6%Denial rate+16.28 pts vs state
37.8%Decision denial rate+18.65 pts vs state
50.6%Origination rate-10.06 pts vs state
7.85%Median rate+1.10 pts vs state
0.80Rate spread (pts)+0.52 pts vs state
$117kMedian applicant income
2,465Loans originated
1,540Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235,1262,49735.5%8.45%#2
20244,8872,43833.4%8.20%#5
20254,8752,46531.6%7.85%#5

What U.S. Bank lends in Oregon

By loan purpose

Home purchase 1,112 23% · 15.6% denied
Refinance 311 6% · 11.3% denied
Cash-out refinance 612 13% · 23.9% denied
Home improvement 1,436 29% · 36.6% denied
Other / HELOC 1,404 29% · 47.0% denied

By loan type

Conventional 4,774 98% · 31.8% denied
FHA 66 1% · 24.2% denied
VA 28 1% · 10.7% denied
USDA / RHS 7 0% · 28.6% denied

Why it denied Oregon applicants

Debt-to-income ratio 700 45%
Collateral 427 28%
Credit history 253 16%
Other 82 5%
Unverifiable information 60 4%
Incomplete application 9 1%
Insufficient cash 6 0%
Employment history 3 0%

Where in Oregon

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Multnomah County 799394260 32.5%
Washington County 722401167 23.1%
Clackamas County 561303174 31.0%
Deschutes County 375207102 27.2%
Marion County 372184126 33.9%
Lane County 347166111 32.0%
Jackson County 1949372 37.1%
Yamhill County 1315446 35.1%
Linn County 1217628 23.1%
Clatsop County 1185537 31.4%

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%
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: 4,875 applications in 2025, of which 2,465 were originated and 1,540 denied.

31.6% of all applications, or 37.8% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans U.S. Bank originated in Oregon in 2025 was 7.85%, against a statewide median of 6.75%.

About this data. Figures are U.S. Bank'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