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Multnomah 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.
Multnomah County, Oregon, saw 20,879 HMDA-reported applications and 12,754 originations ($5.0bn) in 2024.
That is 36.5 originations per 1,000 households, against 45.5 for Oregon and 48.0 nationally.
The county's denial rate was 19.3%, close to the state rate of 20.6%. The median rate spread on originated loans was 0.3 percentage points and 12.3% of originations were 1.5 points or more above the average prime offer rate.
114 lenders reached 25 applications in the county; the most active by originations were OnPoint Community Credit Union (2,252), United Wholesale Mortgage (809) and Guild Mortgage Company (665).
Originations were about level with 2023.
Most active lenders
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 114. Denial rate is denials over decided applications in this county.
Compared with Oregon and the nation
| Measure | This county | Oregon | United States |
|---|---|---|---|
| Denial rate | 19.3% | 20.6% | 24.3% |
| Median rate spread, pp | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 12.3% | 16.0% | 15.6% |
| Average originated loan | $394k | $354k | $329k |
| Originations per 1,000 households | 36.5 | 45.5 | 48.0 |
| Home purchase share of originations | 58.1% | 53.8% | 57.0% |
| FHA-insured share | 9.6% | 11.9% | 13.4% |
| VA-guaranteed share | 3.3% | 6.7% | 7.9% |
Rate spread distribution
Share of 11,368 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 58% (7,405)Home improvement 14% (1,754)Refinancing 11% (1,433)Cash-out refinancing 8% (1,058)Other purpose 9% (1,102)
By type
Conventional 87% (11,117)FHA 10% (1,219)VA 3% (418)
Trend by year
ApplicationsOriginations
This countyOregon
Questions and answers
Which lenders are most active in Multnomah County, OR?
By 2024 originations: OnPoint Community Credit Union (2,252), United Wholesale Mortgage (809), Guild Mortgage Company (665), Rocket Mortgage (431), Rivermark Community Credit Union (388). 114 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Multnomah County?
19.3% of decided applications were denied in 2024, against 20.6% across Oregon and 24.3% nationally.
How many mortgages were originated in Multnomah County in 2024?
12,754 loans totalling $5.0bn, from 20,879 applications; 36.5 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 41051; 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.