Waterstone Mortgage · Oregon · 2025

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

Waterstone Mortgage took 15 mortgage applications in Oregon in 2025, ranking #323 of 700 lenders active in the state. It originated 60.0% of them and denied 20.0% (25.0% of the applications it decided), against a statewide denial rate of 15.3%.

15Applicationsin OR
25.0%Decision denial ratestate 19.2%
7.13%Median ratestate 6.75%
$265,000Median loanstate $275,000
$2.2MVolume5 counties

Waterstone Mortgage in Oregon vs the state

20.0%Denial rate+4.69 pts vs state
25.0%Decision denial rate+5.84 pts vs state
60.0%Origination rate-0.62 pts vs state
7.13%Median rate+0.38 pts vs state
0.56Rate spread (pts)+0.28 pts vs state
$99kMedian applicant income
9Loans originated
3Denied

Trend in Oregon

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313100.0%6.69%#318
202414814.3%6.88%#311
202515920.0%7.13%#323

What Waterstone Mortgage lends in Oregon

By loan purpose

Home purchase 7 47% · 0.0% denied
Refinance 7 47% · 28.6% denied
Cash-out refinance 1 7% · 100.0% denied

By loan type

Conventional 11 73% · 18.2% denied
FHA 3 20% · 33.3% denied
VA 1 7% · 0.0% denied

Why it denied Oregon applicants

Collateral 2 67%
Credit history 1 33%

Where in Oregon

Counties with the most Waterstone Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Malheur County 1063 30.0%
Curry County 210 0.0%
Polk County 110 0.0%
Multnomah County 100 0.0%
Clackamas County 110 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: 15 applications in 2025, of which 9 were originated and 3 denied.

20.0% of all applications, or 25.0% of the applications it actually decided on. The Oregon statewide average across all lenders was 15.3%.

The median rate on loans Waterstone Mortgage originated in Oregon in 2025 was 7.13%, against a statewide median of 6.75%.

About this data. Figures are Waterstone 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