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Multnomah County, Oregon · 2025

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

463 lenders acted on 23,674 mortgage applications for properties in Multnomah County in 2025. 14.3% were denied (Oregon: 15.3%). Median rate on closed loans 6.75%; median loan $315,000; median property value $535,000.

24kApplications
14.3%Denial ratestate 15.3%
6.75%Median ratestate 6.75%
$315,000Median loan
$535,000Median property value

Largest lenders in Multnomah County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Onpoint Community Credit Union B 3,6272,559 15.5%7.50%
2 United Shore Financial Services B 1,176898 9.1%6.50%
3 Guild Mortgage A 1,032724 1.7%6.62%
4 Rocket Mortgage C 843603 17.0%6.63%
5 U.S. Bank D 799394 32.5%8.00%
6 Rivermark Community D 593301 18.0%7.74%
7 Guaranteed Rate B 589386 1.0%6.50%
8 Bank of America F 542242 24.5%6.24%
9 Nations Direct Mortgage B 437368 0.5%6.50%
10 Crosscountry Mortgage B 424267 2.4%6.88%
11 CMG Mortgage A 398260 3.8%6.63%
12 Pennymac Loan Services C 380211 10.5%6.50%
13 Newrez D 378156 14.6%6.63%
14 First Technology Federal Credit Union B 353244 11.9%7.50%
15 Unitus Community Credit Union D 346145 38.7%7.25%
16 Fairway Independent Mortgage B 334228 6.3%6.50%
17 JPMorgan Chase Bank B 313197 11.5%6.25%
18 Mortgage Express A 300205 2.3%6.50%
19 Umpqua Bank C 289166 27.0%7.75%
20 Coastal Community Bank C 24055 2.1%9.74%
21 Spring Eq D 23158 53.3%8.70%
22 Freedom Mortgage B 20889 12.5%6.25%
23 Paramount Residential Mortgage Group B 205169 0.5%6.38%
24 American Pacific Mortgage C 201158 2.5%6.63%
25 Better Mortgage F 198109 23.7%6.63%

Best approval odds in Multnomah County

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

#LenderDecidedDecision denial rate
1Merchants Mortgage & Trust Corporation530.0%
2Premier Mortgage Resources530.0%
3Sierra Pacific Mortgage Company920.0%
4Nations Direct Mortgage3700.5%
5Paramount Residential Mortgage Group1700.6%
6Scenic Oaks Funding741.4%
7Guaranteed Rate3991.5%
8Go Mortgage651.5%
9Zillow Home Loans1141.8%
10Summit Mortgage942.1%

What Multnomah County borrowers applied for

By loan purpose

Home purchase 10,778 46% · 6.2% denied
Refinance 3,895 16% · 13.4% denied
Cash-out refinance 2,954 12% · 22.4% denied
Home improvement 3,151 13% · 24.1% denied
Other / HELOC 2,896 12% · 26.7% denied

By loan type

Conventional 20,528 87% · 14.3% denied
FHA 2,181 9% · 13.9% denied
VA 962 4% · 14.6% denied
USDA / RHS 3 0% · 66.7% denied

Why applications were denied

Debt-to-income ratio 1,292 38%
Collateral 572 17%
Credit history 507 15%
Incomplete application 417 12%
Other 331 10%
Unverifiable information 169 5%
Insufficient cash 70 2%
Employment history 22 1%
Mortgage insurance denied 2 0%

Multnomah County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202319,81612,25315.9%7.00%$295,000
202420,87912,75415.6%6.99%$305,000
202523,67414,55914.3%6.75%$315,000

Frequently asked questions

14.3% of applications in Multnomah County were denied in 2025, against 15.3% statewide in Oregon.

Onpoint Community Credit Union, with 3,627 applications in 2025 and a denial rate of 15.5%.

The median mortgage application in Multnomah County in 2025 was for $315,000; the median property value on originated loans was $535,000.