Lenders › Summit Funding.Inc › Oregon
Summit Funding.Inc in Oregon
HMDA record for properties in Oregon, calendar year 2024. National record · Oregon overview
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.
In Oregon, Summit Funding.Inc reported 1,059 applications and 823 originations for 2024, $302m in all.
Its denial rate in the state was 4.5%, below the Oregon rate of 20.6% across all lenders and compared with the lender's national rate of 7.2%.
The median rate spread on its Oregon originations was 0.4 percentage points (state median 0.4).
Applications in the state were about level with 2023.
Compared with the state and the lender's national record
| Measure | In Oregon | Oregon, all lenders | Summit Funding.Inc, all states | United States |
|---|---|---|---|---|
| Denial rate | 4.5% | 20.6% | 7.2% | 24.3% |
| Median rate spread, pp | 0.4 | 0.4 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 7.4% | 16.0% | 9.0% | 15.6% |
| Average originated loan | $366k | $354k | $335k | $329k |
| Home purchase share | 92.3% | 53.8% | 89.6% | 57.0% |
| FHA-insured share | 24.4% | 11.9% | 26.0% | 13.4% |
| VA-guaranteed share | 8.7% | 6.7% | 7.9% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateOregon, all lenders
Loan purpose and loan type in Oregon
By purpose
Home purchase 92% (760)Refinancing 3% (25)Cash-out refinancing 4% (31)Other purpose 1% (7)
By type
Conventional 66% (547)FHA 24% (201)VA 9% (72)USDA 0% (3)
Denial reasons as coded
Share of 39 denials in Oregon by first denial reason coded (outlined bar: all lenders in the state).
Counties in Oregon
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Lane County | 547 | 417 | $160m | 4.6% |
| Klamath County | 180 | 149 | $41m | 3.2% |
| Linn County | 90 | 70 | $27m | 7.9% |
| Douglas County | 56 | 46 | $15m | 4.2% |
| Deschutes County | 45 | 35 | $17m | 0.0% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Summit Funding.Inc originate in Oregon in 2024?
823 loans totalling $302m, from 1,059 applications reported for properties in Oregon.
What is Summit Funding.Inc's denial rate in Oregon?
4.5% of decided applications in Oregon were denied, against 20.6% for all lenders in the state and 7.2% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Oregon counties does Summit Funding.Inc lend in most?
By originations: Lane County (417), Klamath County (149), Linn County (70), Douglas County (46), Deschutes County (35).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Oregon. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.