Portland-Vancouver-Hillsboro Mortgage Lending in 2025

Explore mortgage lending activity in Portland-Vancouver-Hillsboro (MSA/MD Code 38900) using official HMDA public records. Review underwriting outcomes, borrower characteristics, and regional lending benchmarks.

Source: Federal Financial Institutions Examination Council (FFIEC) / Consumer Financial Protection Bureau (CFPB) • Dataset: 2025 Snapshot National Loan-Level Dataset • Updated: June 2, 2026 • Methodology →
Metropolitan Area 38900
31,101 Loans Originated
• Primary State: Oregon (OR-WA)
• $14.92 Billion Originated Volume
• $455,000 Median Loan
Actionable Applications 36,722 +11.17% vs 2024
Approval Rate 88.90% +0.21 pp vs 2024
Denial Rate 11.10% -0.21 pp vs 2024
Loan Originations 31,101 +12.40% vs 2024
Originated Volume $14.92 Billion +14.30% vs 2024

Credit Decision Outcomes (2025)

Outcomes for 36,722 actionable applications (Actions 1, 2, and 3).

88.90%
11.10%
32,645 approved 4,077 denied
Action 1: Originated
31,101 (84.69%)
Action 2: Approved not accepted
1,544 (4.20%)
Action 3: Denied
4,077 (11.10%)
Action 4: Withdrawn (not in denominator)
8,724 —
Action 5: Incomplete (not in denominator)
1,997 —
How to read this: Approval rate uses Actions 1, 2, and 3. Actions 4 and 5 are excluded from the credit decision denominator. Read the full methodology →

How Portland-Vancouver-Hillsboro Compares

Metro vs. State Baseline (2025)

Metric Portland-Vancouver-Hillsboro Oregon
Actionable Apps 36,722 62,997
Approval Rate 88.90% 86.94%
Denial Rate 11.10% 13.06%
Originations 31,101 51,912
Originated Volume $14.92 Billion $22.17 Billion
Median Loan $455,000 $395,000
Compared against Oregon statewide baseline in 2025.

Lending Trends in Portland-Vancouver-Hillsboro

Year-over-year shifts: 2025 vs. 2024

Metric 2024 2025 Change
Consumer Universe 42,140 47,443 +12.58%
Actionable Apps 33,032 36,722 +11.17%
Originations 27,671 31,101 +12.40%
Approval Rate 88.69% 88.90% +0.21 pp
Denial Rate 11.31% 11.10% -0.21 pp
Median Loan $445,000 $455,000 +2.25%
Dollar Volume $13.06 Billion $14.92 Billion +14.30%

Applications by Borrower Income (Portland-Vancouver-Hillsboro)

Approval and denial rates across gross annual income tiers (2025)

Income Bracket Apps Approval % Denial %
$100k–$149,999 10,229 91.79% 8.21%
$150k+ 14,579 93.92% 6.08%
$50k–$99,999 8,872 83.43% 16.57%
<$50k 1,214 52.39% 47.61%
Income unavailable/entity 1,828 83.42% 16.58%
Gross annual borrower income relied upon during credit underwriting. Descriptive figures only; does not establish causation.

Geographic Market Context

Regional integration within Oregon (2025)

Official Geographic Designation: Metropolitan Statistical Area / Division 38900, anchored in Oregon (OR-WA).
Metro Share of State Apps 58.29%
Metro Share of State Volume 67.30%
Geographic Notice: OpenFileData reports verified OMB-designated metropolitan boundaries. Detailed county-level vector choropleths are omitted unless authoritative polygon geometries and county-level consumer records are officially available, preventing data fabrication.

Parent State Association

Explore Oregon statewide mortgage activity

Portland-Vancouver-Hillsboro is part of OpenFileData’s statewide coverage of Oregon. View statewide approval benchmarks, metropolitan rankings, and institution profiles across all reporting jurisdictions.

Oregon Statewide Overview Active Profile
Statewide Actionable Applications: 62,997
Explore Oregon State Profile →

Methodology

Learn how HMDA credit outcomes, action codes, and consumer filters are computed.

Read Methodology →

Oregon Profile

Compare all metropolitan areas located in Oregon.

View State Page →

Download Data

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Methodology & Disclosures

Credit Decision Denominator Rule: Approval and denial rates are calculated strictly among actionable applications reaching a formal credit underwriting decision (Actions 1, 2, and 3: loan originated, approved but not accepted, denied). Applications withdrawn by borrower (Action 4) and closed for incompleteness (Action 5) are tracked in the broader Consumer Mortgage Universe for market completeness but excluded from credit decision rates as no underwriting decision occurred.

Official Data Source & Freeze Date: Official Home Mortgage Disclosure Act (HMDA) records published by the Federal Financial Institutions Examination Council (FFIEC) and Consumer Financial Protection Bureau (CFPB). Primary analysis uses the 2025 Snapshot National Loan-Level Dataset (frozen June 2, 2026); historical baseline uses the 2024 One-Year National Loan-Level Dataset (frozen June 2, 2026).

Public Interest Commitment: OpenFileData does not sell mortgage leads, lender placements, paid rankings, or individualized mortgage recommendations.

For complete technical formulas, SQL implementations, and data definitions, read the full Mortgage Lending Methodology Specification.