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Klamath County, Oregon
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Lenders reported 2,348 mortgage applications in Klamath County, Oregon, for 2024, and originated 1,347 loans worth $303m.
That is 46.4 originations per 1,000 households, against 45.5 for Oregon and 48.0 nationally.
The county's denial rate was 23.3%, above the state rate of 20.6%. The median rate spread on originated loans was 0.4 percentage points and 20.0% of originations were 1.5 points or more above the average prime offer rate.
23 lenders reached 25 applications in the county; the most active by originations were Summit Funding.Inc (149), Rogue Credit Union (132) and Rocket Mortgage (103).
Originations were up 13% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Summit Funding.Inc | 180 | 149 | $41m | 3.2% | — |
| 2 | Rogue Credit Union | 203 | 132 | $14m | 18.0% | — |
| 3 | Rocket Mortgage | 141 | 103 | $20m | 21.1% | — |
| 4 | Newrez LLC | 83 | 62 | $15m | 8.8% | — |
| 5 | Sierra Pacific Mortgage Co. Inc | 70 | 55 | $13m | 14.1% | — |
| 6 | United Wholesale Mortgage | 73 | 54 | $16m | 10.9% | — |
| 7 | Umpqua Bank | 78 | 49 | $10m | 24.2% | — |
| 8 | First Community Credit Union | 76 | 48 | $8.2m | 11.1% | — |
| 9 | Mason-McDuffie Mortgage Corporation | 62 | 44 | $11m | 4.3% | — |
| 10 | Mortgage Research Center | 88 | 40 | $12m | 14.6% | — |
| 11 | Kind Lending, LLC | 52 | 39 | $11m | 22.0% | — |
| 12 | Us Bank, N.A. | 45 | 22 | $3.5m | 42.1% | — |
| 13 | Flagstar Bank NA | 31 | 22 | $5.7m | 23.3% | — |
| 14 | Loandepot.com, LLC | 40 | 20 | $5.0m | 25.9% | — |
| 15 | New American Funding, LLC. | 48 | 19 | $3.7m | 20.0% | — |
| 16 | Freedom Mortgage Corporation | 43 | 19 | $5.5m | 19.2% | — |
| 17 | Spring Eq, LLC | 49 | 16 | $1.1m | 62.8% | — |
| 18 | Mid Oregon Federal Credit Union | 25 | 14 | $1.2m | — | — |
| 19 | Washington Federal | 27 | 9 | $1.1m | — | — |
| 20 | Crosscountry Mortgage, LLC | 25 | 9 | $2.7m | — | — |
| 21 | 21st Mortgage | 30 | 6 | $730k | — | — |
| 22 | Amerisave Mortgage Company | 35 | 5 | $345k | 81.3% | — |
| 23 | Discover Bank | 41 | 4 | $380k | 87.5% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 23. Denial rate is denials over decided applications in this county.
Compared with Oregon and the nation
| Measure | This county | Oregon | United States |
|---|---|---|---|
| Denial rate | 23.3% | 20.6% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 20.0% | 16.0% | 15.6% |
| Average originated loan | $225k | $354k | $329k |
| Originations per 1,000 households | 46.4 | 45.5 | 48.0 |
| Home purchase share of originations | 53.5% | 53.8% | 57.0% |
| FHA-insured share | 14.7% | 11.9% | 13.4% |
| VA-guaranteed share | 17.5% | 6.7% | 7.9% |
Rate spread distribution
Share of 1,252 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Oregon). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 54% (721)Home improvement 10% (128)Refinancing 11% (142)Cash-out refinancing 15% (208)Other purpose 11% (148)
By type
Conventional 66% (892)FHA 15% (198)VA 18% (236)USDA 2% (21)
Trend by year
ApplicationsOriginations
This countyOregon
Questions and answers
Which lenders are most active in Klamath County, OR?
By 2024 originations: Summit Funding.Inc (149), Rogue Credit Union (132), Rocket Mortgage (103), Newrez LLC (62), Sierra Pacific Mortgage Co. Inc (55). 23 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Klamath County?
23.3% of decided applications were denied in 2024, against 20.6% across Oregon and 24.3% nationally.
How many mortgages were originated in Klamath County in 2024?
1,347 loans totalling $303m, from 2,348 applications; 46.4 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 41035; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.