Oregon
Mortgage Loan Application
Totals and Details
in 2018

Find mortgage statistics and mortgage data for Oregon.
Our lists allow you to explore the total number of mortgage applications and mortgage application details for 2003-2018 in all of Oregon.
You can organize this information by metropolitan area and by county.

Years 2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 227,020
Total Mortgage Loan Application Amount $57,618,210,000
Average Mortgage Loan Application Amount $253,000
Highest Mortgage Loan Application Amount $88,005,000
Average Applicant Income $107,000
Highest Applicant Income $9,559,000

Mortgage stats and application averages for each year are shown below, as well as highest application amount and the income of the highest applicant.
If you are looking for a mortgage or loan application data statistics in Oregon, these numbers will give you an idea of what to expect as you begin to look for a lender.

These lists can also 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 2018

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
Home Purchase 101,783 $31,647,825,000 $310,000 $88,005,000 $114,000 $7,592,000
Cash-out Refinancing 48,941 $12,659,905,000 $258,000 $28,125,000 $90,000 $5,871,000
Refinancing 31,315 $8,402,045,000 $268,000 $60,505,000 $105,000 $6,000,000
Home Improvement 22,607 $2,354,545,000 $104,000 $32,405,000 $110,000 $5,356,000
Other Purpose 19,995 $2,115,275,000 $105,000 $7,505,000 $116,000 $9,559,000
Not Applicable 2,379 $438,615,000 $184,000 $7,295,000 $85,000 $611,000

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 154,399 $36,015,145,000 $233,000 $7,505,000 $107,000 $8,787,000
Not Provided 30,177 $7,694,285,000 $254,000 $21,325,000 $115,000 $9,559,000
Not applicable 16,295 $7,666,565,000 $470,000 $88,005,000 $95,000 $912,000
Hispanic 11,515 $2,426,135,000 $210,000 $1,955,000 $85,000 $2,476,000
Asian 8,413 $2,345,925,000 $278,000 $8,505,000 $124,000 $3,149,000
Black or African American 2,482 $646,010,000 $260,000 $2,005,000 $112,000 $6,000,000
American Indian or Alaskan Native 1,958 $389,840,000 $199,000 $1,535,000 $83,000 $917,000
Native Hawaiian or Other Pacific Islander 662 $157,690,000 $238,000 $935,000 $95,000 $1,720,000

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) 178,272 $44,903,380,000 $251,000 $88,005,000 $116,000 $9,559,000
FHA-insured (Federal Housing Administration) 26,491 $6,562,165,000 $247,000 $59,665,000 $70,000 $6,000,000
VA-guaranteed (Veterans Administration) 19,577 $5,610,865,000 $286,000 $1,945,000 $78,000 $3,000,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2,680 $541,800,000 $202,000 $1,295,000 $59,000 $268,000

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 125,576 $33,277,810,000 $265,000 $88,005,000 $113,000 $9,559,000
Application Denied By Financial Institution 33,278 $6,180,130,000 $185,000 $18,395,000 $89,000 $6,000,000
Application Withdrawn By Applicant 31,354 $8,414,280,000 $268,000 $46,505,000 $105,000 $6,083,000
Loan Purchased By The Institution 24,390 $6,795,770,000 $278,000 $21,325,000 $108,000 $1,789,000
File Closed For Incompleteness 7,370 $1,636,100,000 $221,000 $5,255,000 $108,000 $5,150,000
Application Approved But Not Accepted 4,897 $1,267,745,000 $258,000 $54,605,000 $110,000 $5,706,000
Preapproval Approved but not Accepted 122 $37,950,000 $311,000 $815,000 $114,000 $323,000
Preapproval Denied by Financial Institution 33 $8,425,000 $255,000 $765,000 $91,000 $307,000

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
Not applicable 192,322 $51,020,840,000 $265,000 $88,005,000 $111,000 $9,559,000
Debt-To-Income Ratio 11,630 $2,364,940,000 $203,000 $16,405,000 $70,000 $3,338,000
Credit History 8,516 $1,180,880,000 $138,000 $7,255,000 $94,000 $6,000,000
Collateral 5,529 $1,088,615,000 $196,000 $9,865,000 $115,000 $3,678,000
Other 3,533 $665,165,000 $188,000 $18,395,000 $99,000 $2,473,000
Credit Application Incomplete 3,341 $781,765,000 $233,000 $1,955,000 $88,000 $1,600,000
Unverifiable Information 1,226 $266,220,000 $217,000 $2,205,000 $116,000 $2,587,000
Insufficient Cash (Downpayment, Closing Cost) 563 $164,405,000 $292,000 $6,005,000 $101,000 $1,534,000
Employment History 356 $84,470,000 $237,000 $1,005,000 $73,000 $340,000
Mortgage Insurance Denied 4 $910,000 $227,000 $295,000 $116,000 $224,000
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Mortgage Loan Application Totals in 2018 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 7,466 $ 1,520,630,000 $ 203,000 $ 79,000
BEND-REDMOND, OR 14,607 $ 4,113,095,000 $ 281,000 $ 126,000
CORVALLIS, OR 3,287 $ 936,845,000 $ 285,000 $ 118,000
EUGENE, OR 18,954 $ 4,017,800,000 $ 211,000 $ 95,000
GRANTS PASS, OR 4,441 $ 920,315,000 $ 207,000 $ 81,000
MEDFORD, OR 11,522 $ 2,584,390,000 $ 224,000 $ 95,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 110,506 $ 32,148,900,000 $ 290,000 $ 120,000
SALEM, OR 23,129 $ 5,040,165,000 $ 217,000 $ 89,000
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Mortgage Loan Application Totals in 2018 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 694 $ 99,660,000 $ 143,000 $ 75,000
Benton 3,291 $ 937,965,000 $ 285,000 $ 118,000
Clackamas 27,278 $ 7,989,710,000 $ 292,000 $ 127,000
Clatsop 2,506 $ 620,950,000 $ 247,000 $ 117,000
Columbia 3,469 $ 795,985,000 $ 229,000 $ 88,000
Coos 3,055 $ 538,305,000 $ 176,000 $ 80,000
Crook 1,689 $ 362,765,000 $ 214,000 $ 90,000
Curry 1,296 $ 263,640,000 $ 203,000 $ 86,000
Deschutes 14,629 $ 4,117,795,000 $ 281,000 $ 126,000
Douglas 4,895 $ 892,335,000 $ 182,000 $ 76,000
Gilliam 87 $ 10,895,000 $ 125,000 $ 70,000
Grant 262 $ 41,540,000 $ 158,000 $ 68,000
Harney 274 $ 33,210,000 $ 121,000 $ 63,000
Hood River 1,180 $ 315,580,000 $ 267,000 $ 125,000
Jackson 11,541 $ 2,587,225,000 $ 224,000 $ 95,000
Jefferson 1,318 $ 237,810,000 $ 180,000 $ 75,000
Josephine 4,444 $ 920,870,000 $ 207,000 $ 81,000
Klamath 3,227 $ 527,845,000 $ 163,000 $ 74,000
Lake 266 $ 32,130,000 $ 120,000 $ 71,000
Lane 18,979 $ 4,051,075,000 $ 213,000 $ 95,000
Lincoln 3,185 $ 684,245,000 $ 214,000 $ 103,000
Linn 7,471 $ 1,521,135,000 $ 203,000 $ 79,000
Malheur 862 $ 108,940,000 $ 126,000 $ 63,000
Marion 18,062 $ 3,939,190,000 $ 218,000 $ 89,000
Morrow 397 $ 63,435,000 $ 159,000 $ 79,000
Multnomah 41,202 $ 12,340,730,000 $ 299,000 $ 121,000
Polk 5,100 $ 1,107,280,000 $ 217,000 $ 90,000
Sherman 61 $ 8,365,000 $ 137,000 $ 69,000
Tillamook 1,873 $ 430,765,000 $ 229,000 $ 121,000
Umatilla 3,075 $ 490,635,000 $ 159,000 $ 81,000
Union 1,033 $ 163,865,000 $ 158,000 $ 74,000
Wallowa 324 $ 56,710,000 $ 175,000 $ 80,000
Wasco 1,281 $ 238,985,000 $ 186,000 $ 87,000
Washington 32,345 $ 9,532,905,000 $ 294,000 $ 121,000
Wheeler 49 $ 6,015,000 $ 122,000 $ 110,000
Yamhill 6,319 $ 1,547,695,000 $ 244,000 $ 100,000

We hope these mortgage application details and statistics 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 Oregon.

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