Oregon
Mortgage Loan Application
Totals and Details
in 2016

Find mortgage statistics for Oregon.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2016 in all of Oregon.
You can organize this information by metropolitan area and by county.

Years 2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 249,739
Total Mortgage Loan Application Amount $65,980,931,000
Average Mortgage Loan Application Amount $264,000
Highest Mortgage Loan Application Amount $99,999,000
Average Applicant Income $89,000
Highest Applicant Income $9,999,000

We provide overall totals and averages for each year, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or lending statistics in Oregon, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists are also able to be organized by various details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.

Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, and the highest mortgage within that category. You can also look at information regarding the average income of the mortgage applicants and the highest income of the mortgage applicants. If you're looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Download the Oregon Lender List

Mortgage Loan Application Detail Totals for Oregon in 2016

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Refinancing 131,132 $32,748,242,000 $249,000 $99,999,000 $85,000 $9,999,000
Home Purchase 104,362 $30,198,804,000 $289,000 $99,999,000 $93,000 $9,999,000
Home Improvement 14,245 $3,033,885,000 $212,000 $99,999,000 $94,000 $6,050,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 171,210 $42,624,183,000 $248,000 $99,999,000 $95,000 $9,999,000
Not Provided 31,321 $8,237,796,000 $263,000 $99,999,000 $106,000 $9,999,000
Not applicable 20,885 $8,593,152,000 $411,000 $99,999,000 $10,000 $1,413,000
Hispanic 11,368 $2,356,313,000 $207,000 $2,000,000 $72,000 $8,888,000
Asian 9,457 $2,851,492,000 $301,000 $99,999,000 $116,000 $2,400,000
Black or African American 2,477 $648,972,000 $261,000 $2,280,000 $97,000 $9,999,000
American Indian or Alaskan Native 1,950 $411,770,000 $211,000 $1,100,000 $75,000 $1,077,000
Native Hawaiin or Other Pacific Islander 1,071 $257,253,000 $240,000 $1,275,000 $82,000 $925,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 181,285 $49,858,601,000 $275,000 $99,999,000 $105,000 $9,999,000
FHA-insured (Federal Housing Administration) 36,091 $8,048,176,000 $222,000 $99,999,000 $47,000 $3,517,000
VA-guaranteed (Veterans Administration) 27,941 $7,252,881,000 $259,000 $99,999,000 $48,000 $1,680,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4,422 $821,273,000 $185,000 $1,365,000 $41,000 $937,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 136,083 $36,845,157,000 $270,000 $99,999,000 $99,000 $9,999,000
Application Denied By Financial Institution 34,786 $9,009,858,000 $259,000 $99,999,000 $82,000 $9,999,000
Application Withdrawn By Applicant 33,946 $8,739,089,000 $257,000 $99,999,000 $95,000 $9,999,000
Loan Purchased By The Institution 29,014 $7,579,431,000 $261,000 $87,750,000 $41,000 $3,453,000
File Closed For Incompleteness 9,417 $2,226,029,000 $236,000 $99,999,000 $85,000 $9,239,000
Application Approved But Not Accepted 6,483 $1,578,562,000 $243,000 $23,601,000 $92,000 $1,506,000
Preapproval Approved but not Accepted 8 $2,059,000 $257,000 $344,000 $74,000 $113,000
Preapproval Denied by Financial Institution 2 $746,000 $373,000 $532,000 $90,000 $102,000

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Debt-To-Income Ratio 5,090 $1,271,386,000 $249,000 $37,930,000 $64,000 $9,999,000
Credit History 4,310 $819,008,000 $190,000 $13,280,000 $86,000 $6,050,000
Collateral 3,340 $809,769,000 $242,000 $17,000,000 $98,000 $1,071,000
Credit Application Incomplete 2,927 $668,301,000 $228,000 $1,470,000 $88,000 $1,761,000
Other 1,925 $563,478,000 $292,000 $41,899,000 $90,000 $3,240,000
Unverifiable Information 871 $206,934,000 $237,000 $1,568,000 $98,000 $1,365,000
Insufficient Cash (Downpayment, Closing Cost) 474 $129,645,000 $273,000 $3,154,000 $98,000 $1,392,000
Employment History 285 $69,768,000 $244,000 $2,450,000 $68,000 $552,000
Mortgage Insurance Denied 7 $1,547,000 $221,000 $475,000 $71,000 $176,000
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Mortgage Loan Application Totals in 2016 by Oregon Metropolitan Area

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
ALBANY, OR 7,042 $ 1,374,678,000 $ 195,000 $ 61,000
BEND-REDMOND, OR 15,766 $ 4,539,897,000 $ 287,000 $ 100,000
CORVALLIS, OR 3,895 $ 1,045,254,000 $ 268,000 $ 98,000
EUGENE, OR 19,307 $ 4,281,035,000 $ 221,000 $ 78,000
GRANTS PASS, OR 4,538 $ 931,470,000 $ 205,000 $ 67,000
MEDFORD, OR 12,602 $ 2,888,171,000 $ 229,000 $ 89,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 131,097 $ 39,746,691,000 $ 303,000 $ 98,000
SALEM, OR 23,619 $ 5,165,904,000 $ 218,000 $ 71,000
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Mortgage Loan Application Totals in 2016 by Oregon County

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Baker 656 $ 92,321,000 $ 140,000 $ 52,000
Benton 3,895 $ 1,045,254,000 $ 268,000 $ 98,000
Clackamas 30,822 $ 9,415,406,000 $ 305,000 $ 103,000
Clatsop 2,633 $ 632,903,000 $ 240,000 $ 101,000
Columbia 3,859 $ 827,915,000 $ 214,000 $ 69,000
Coos 2,782 $ 473,843,000 $ 170,000 $ 64,000
Crook 1,478 $ 293,505,000 $ 198,000 $ 70,000
Curry 1,286 $ 280,294,000 $ 217,000 $ 85,000
Deschutes 15,778 $ 4,541,826,000 $ 287,000 $ 100,000
Douglas 4,739 $ 833,940,000 $ 175,000 $ 60,000
Gilliam 101 $ 12,111,000 $ 119,000 $ 62,000
Grant 248 $ 36,204,000 $ 145,000 $ 54,000
Harney 208 $ 26,094,000 $ 125,000 $ 56,000
Hood River 1,286 $ 346,969,000 $ 269,000 $ 106,000
Jackson 12,612 $ 2,888,756,000 $ 229,000 $ 89,000
Jefferson 1,247 $ 210,586,000 $ 168,000 $ 59,000
Josephine 4,539 $ 931,547,000 $ 205,000 $ 67,000
Klamath 3,029 $ 511,114,000 $ 168,000 $ 61,000
Lake 229 $ 29,895,000 $ 130,000 $ 62,000
Lane 19,315 $ 4,282,248,000 $ 221,000 $ 78,000
Lincoln 2,934 $ 605,575,000 $ 206,000 $ 90,000
Linn 7,045 $ 1,375,092,000 $ 195,000 $ 61,000
Malheur 763 $ 100,428,000 $ 131,000 $ 64,000
Marion 18,590 $ 3,848,615,000 $ 207,000 $ 70,000
Morrow 385 $ 47,891,000 $ 124,000 $ 80,000
Multnomah 49,704 $ 15,710,615,000 $ 316,000 $ 101,000
Polk 5,042 $ 1,319,047,000 $ 261,000 $ 74,000
Sherman 45 $ 5,680,000 $ 126,000 $ 47,000
Tillamook 1,739 $ 376,958,000 $ 216,000 $ 97,000
Umatilla 3,036 $ 478,412,000 $ 157,000 $ 61,000
Union 1,219 $ 196,683,000 $ 161,000 $ 59,000
Wallowa 321 $ 53,890,000 $ 167,000 $ 72,000
Wasco 1,222 $ 217,760,000 $ 178,000 $ 66,000
Washington 39,829 $ 12,136,430,000 $ 304,000 $ 97,000
Wheeler 46 $ 6,432,000 $ 139,000 $ 62,000
Yamhill 6,951 $ 1,665,854,000 $ 239,000 $ 79,000

We hope these totals and details for mortgage applications will give you a better idea of what to expect when applying for a mortgage.
Whether you are looking for a home loan, for home financing or refinancing, or for home improvement loan statistics, we have the information you need.
These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender in OR.

If you prefer, you can download a copy of the entire list of mortgage lenders in Oregon, and search similar information back through 2003.

Download the Oregon Lender List