Klamath County, Oregon · 2025

Mortgage lenders in Klamath County, OR: denial rates and top lenders (2025)

201 lenders acted on 2,807 mortgage applications for properties in Klamath County in 2025. 17.7% were denied (Oregon: 15.3%). Median rate on closed loans 6.75%; median loan $205,000; median property value $335,000.

2.8kApplications
17.7%Denial ratestate 15.3%
6.75%Median ratestate 6.75%
$205,000Median loan
$335,000Median property value

Largest lenders in Klamath County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rogue Credit Union C 202130 11.9%7.50%
2 Rocket Mortgage C 192131 20.8%6.99%
3 Summit Funding C 156130 1.3%6.63%
4 United Shore Financial Services B 11072 16.4%6.00%
5 Mortgage Research Center C 10251 15.7%6.25%
6 Newrez D 9968 4.0%6.99%
7 First Community B 9359 16.1%5.50%
8 U.S. Bank D 8338 47.0%7.70%
9 Sierra Pacific Mortgage Company C 8158 2.5%6.50%
10 Kind Lending C 7555 24.0%6.13%
11 Umpqua Bank C 7343 24.7%6.81%
12 Mason Mcduffie Mortgage C 7141 4.2%6.50%
13 Loandepot.Com D 6640 24.2%7.38%
14 Broker Solutions D 6529 6.2%6.88%
15 Spring Eq D 6013 61.7%10.00%
16 Freedom Mortgage B 5827 12.1%6.25%
17 CMG Mortgage A 5237 1.9%6.00%
18 Pennymac Loan Services C 4316 23.3%6.31%
19 AmeriSave Mortgage D 429 59.5%8.50%
20 Triad Financial Services D 3714 29.7%8.74%
21 21st Mortgage F 355 48.6%11.51%
22 American Pacific Mortgage C 3526 5.7%6.88%
23 Nationstar Mortgage C 3422 14.7%6.81%
24 Guild Mortgage A 3427 2.9%6.63%
25 Navy Federal Credit Union D 3317 15.2%8.00%

Best approval odds in Klamath County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Summit Funding1321.5%
2Sierra Pacific Mortgage Company613.3%
3Newrez725.6%
4Rogue Credit Union16015.0%
5United Shore Financial Services9020.0%
6First Community7420.3%
7Rocket Mortgage17822.5%
8Mortgage Research Center6723.9%
9Kind Lending7424.3%
10Loandepot.Com5728.1%

What Klamath County borrowers applied for

By loan purpose

Home purchase 1,156 41% · 9.3% denied
Refinance 324 12% · 13.9% denied
Cash-out refinance 706 25% · 22.7% denied
Home improvement 246 9% · 27.2% denied
Other / HELOC 375 13% · 31.5% denied

By loan type

Conventional 1,865 66% · 20.1% denied
FHA 427 15% · 16.4% denied
VA 467 17% · 10.7% denied
USDA / RHS 48 2% · 6.3% denied

Why applications were denied

Debt-to-income ratio 126 25%
Collateral 115 23%
Credit history 95 19%
Incomplete application 90 18%
Other 35 7%
Unverifiable information 19 4%
Insufficient cash 12 2%
Employment history 4 1%

Klamath County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,1341,19719.8%6.99%$185,000
20242,3481,34718.5%6.88%$195,000
20252,8071,59617.7%6.75%$205,000

Frequently asked questions

17.7% of applications in Klamath County were denied in 2025, against 15.3% statewide in Oregon.

Rogue Credit Union, with 202 applications in 2025 and a denial rate of 11.9%.

The median mortgage application in Klamath County in 2025 was for $205,000; the median property value on originated loans was $335,000.