Morrow County, Oregon · 2025

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

93 lenders acted on 419 mortgage applications for properties in Morrow County in 2025. 16.5% were denied (Oregon: 15.3%). Median rate on closed loans 6.50%; median loan $235,000; median property value $325,000.

419Applications
16.5%Denial ratestate 15.3%
6.50%Median ratestate 6.75%
$235,000Median loan
$325,000Median property value

Largest lenders in Morrow County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Bayshore Mortgage Funding C 3323 0.0%6.63%
2 Banner Bank D 2918 24.1%6.50%
3 Rocket Mortgage C 2816 39.3%6.06%
4 Guild Mortgage A 2619 0.0%6.19%
5 United Shore Financial Services B 2410 16.7%6.12%
6 American Pacific Mortgage C 1615 0.0%6.50%
7 Umpqua Bank C 1410 14.3%7.13%
8 Pennymac Loan Services C 137 7.7%6.99%
9 U.S. Bank D 114 45.5%7.51%
10 Newrez D 117 9.1%6.13%
11 Gesa D 117 0.0%7.38%
12 Fairway Independent Mortgage B 1010 0.0%6.75%
13 Mortgage Research Center C 103 40.0%6.13%
14 Sierra Pacific Mortgage Company C 98 0.0%6.50%
15 Freedom Mortgage B 81 37.5%5.75%
16 Mortgage Express A 88 0.0%6.25%
17 Vanderbilt Mortgage and Finance F 80 50.0%
18 Hapo Community Credit Union D 63 50.0%7.50%
19 Coastal Community Bank C 61 0.0%14.49%
20 First Community B 52 40.0%5.00%
21 AgWest Farm Credit, FLCA D 51 0.0%5.75%
22 CMG Mortgage A 53 0.0%6.50%
23 1st Security Bank of Washington B 54 0.0%6.38%

What Morrow County borrowers applied for

By loan purpose

Home purchase 196 47% · 7.7% denied
Refinance 76 18% · 18.4% denied
Cash-out refinance 71 17% · 19.7% denied
Home improvement 34 8% · 26.5% denied
Other / HELOC 42 10% · 40.5% denied

By loan type

Conventional 219 52% · 19.6% denied
FHA 132 32% · 9.9% denied
VA 58 14% · 20.7% denied
USDA / RHS 10 2% · 10.0% denied

Why applications were denied

Credit history 16 23%
Collateral 15 22%
Debt-to-income ratio 13 19%
Incomplete application 11 16%
Other 8 12%
Insufficient cash 3 4%
Unverifiable information 2 3%
Mortgage insurance denied 1 1%

Morrow County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202327415519.3%6.75%$195,000
202428918421.1%6.75%$235,000
202541924416.5%6.50%$235,000

Frequently asked questions

16.5% of applications in Morrow County were denied in 2025, against 15.3% statewide in Oregon.

Bayshore Mortgage Funding, with 33 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in Morrow County in 2025 was for $235,000; the median property value on originated loans was $325,000.