Polk County, Oregon · 2025

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

233 lenders acted on 3,302 mortgage applications for properties in Polk County in 2025. 16.3% were denied (Oregon: 15.3%). Median rate on closed loans 6.75%; median loan $275,000; median property value $485,000.

3.3kApplications
16.3%Denial ratestate 15.3%
6.75%Median ratestate 6.75%
$275,000Median loan
$485,000Median property value

Largest lenders in Polk County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Marion and Polk Schools Credit Union B 194143 13.4%7.25%
2 Oregon State Credit Union C 191129 8.9%7.50%
3 Rocket Mortgage C 189140 15.3%6.62%
4 Guild Mortgage A 14698 2.7%6.63%
5 United Shore Financial Services B 143109 8.4%6.49%
6 Umpqua Bank C 9255 29.4%8.25%
7 Onpoint Community Credit Union B 9164 14.3%7.50%
8 U.S. Bank D 8337 37.4%7.95%
9 Pennymac Loan Services C 6540 9.2%6.69%
10 Synergy One Lending C 6544 6.2%6.25%
11 First Community B 6243 19.4%5.50%
12 Newrez D 6123 13.1%6.99%
13 Freedom Mortgage B 5827 10.3%6.25%
14 Oregon Community B 5841 17.2%7.75%
15 Nations Direct Mortgage B 5545 0.0%6.62%
16 Mortgage Research Center C 5425 14.8%6.25%
17 Dhi Mortgage Company B 5438 11.1%5.50%
18 Bank of America F 4619 19.6%6.24%
19 Loandepot.Com D 4637 8.7%6.99%
20 Triad Financial Services D 4513 44.4%8.60%
21 Fairway Independent Mortgage B 4333 4.7%6.63%
22 First Technology Federal Credit Union B 4226 31.0%7.44%
23 Coastal Community Bank C 4011 2.5%10.49%
24 Spring Eq D 389 57.9%10.20%
25 Plaza Home Mortgage C 3727 21.6%6.38%

Best approval odds in Polk County

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

What Polk County borrowers applied for

By loan purpose

Home purchase 1,296 39% · 9.5% denied
Refinance 421 13% · 11.9% denied
Cash-out refinance 619 19% · 21.7% denied
Home improvement 431 13% · 18.6% denied
Other / HELOC 535 16% · 28.0% denied

By loan type

Conventional 2,498 76% · 16.8% denied
FHA 477 14% · 16.4% denied
VA 317 10% · 12.0% denied
USDA / RHS 10 0% · 10.0% denied

Why applications were denied

Debt-to-income ratio 171 32%
Credit history 115 21%
Collateral 94 18%
Incomplete application 67 13%
Other 49 9%
Unverifiable information 20 4%
Insufficient cash 11 2%
Employment history 8 1%

Polk County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,7641,66116.6%7.13%$245,000
20243,0381,84216.2%6.99%$265,000
20253,3022,02116.3%6.75%$275,000

Frequently asked questions

16.3% of applications in Polk County were denied in 2025, against 15.3% statewide in Oregon.

Marion and Polk Schools Credit Union, with 194 applications in 2025 and a denial rate of 13.4%.

The median mortgage application in Polk County in 2025 was for $275,000; the median property value on originated loans was $485,000.