Oregon Community Mortgage Rates, Fees & Info
Eugene, ORLEI: 549300IEP77RKJ87Z176
Tax ID: 93-0492535
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Oregon Community is a smaller mortgage company specializing in loans. Oregon Community has a high proportion of conventional loans. Their top markets by origination volume include: Eugene, Portland, Salem, Bend, and Albany among others. We have data for 23 markets. (Some data included below & more in-depth data is available with an active subscription.)Oregon Community has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Oregon Community is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 3/28/23 |
| 30 Year Conventional Purchase | 6.22% | 3/28/23 |
| 30 Year Conventional Refi | 6.33% | 3/28/23 |
| 30 Year Cash-out Refi | 6.29% | 3/28/23 |
| 30 Year VA Refi | 6.27% | 3/28/23 |
| 15 Year Conventional Purchase | 5.67% | 3/28/23 |
| 15 Year Conventional Refi | 5.68% | 3/28/23 |
| 15 Year Cash-out Refi | 5.68% | 3/28/23 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Originations
2,541Origination Dollar Volume (All Markets)
$393,425,000Relative Rate
Oregon Community's average 30 year fixed mortgage rate was
4.75%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of -0.01%.
Relative Fees (Closing Costs)
Oregon Community's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,056.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $4,750.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1,519 | $226,515,000 | $149,121 | $2,083 | 4.78% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 426 | $71,620,000 | $168,122 | $2,008 | 4.86% |
| SALEM, OR (FHA|USDA|VA) | 296 | $42,110,000 | $142,264 | $1,896 | 4.83% |
| BEND, OR (FHA|USDA|VA) | 49 | $10,045,000 | $205,000 | $3,292 | 4.75% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 85 | $9,845,000 | $115,824 | $1,623 | 4.67% |
| CORVALLIS, OR (FHA|USDA|VA) | 35 | $6,485,000 | $185,286 | $1,334 | 4.88% |
| LONGVIEW, WA (FHA|USDA|VA) | 2 | $6,030,000 | $3,015,000 | $0 | 5.50% |
| Roseburg, OR (FHA|USDA|VA) | 30 | $4,390,000 | $146,333 | $1,908 | 4.63% |
| Outside of Metro Areas | 18 | $2,190,000 | $121,667 | $1,577 | 4.91% |
| Newport, OR (FHA|USDA|VA) | 16 | $2,080,000 | $130,000 | $1,508 | 4.43% |
| MEDFORD, OR (FHA|USDA|VA) | 11 | $2,025,000 | $184,091 | $1,264 | 4.61% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $1,825,000 | $1,825,000 | $0 | 4.50% |
| Coos Bay, OR (FHA|USDA|VA) | 15 | $1,815,000 | $121,000 | $2,104 | 5.03% |
| Astoria, OR (FHA|USDA|VA) | 5 | $1,665,000 | $333,000 | $4,831 | 4.12% |
| Hood River, OR (FHA|USDA|VA) | 4 | $1,140,000 | $285,000 | $3,320 | 5.47% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $835,000 | $835,000 | $0 | 4.25% |
| Prineville, OR (FHA|USDA|VA) | 7 | $765,000 | $109,286 | $506 | 4.79% |
| GRANTS PASS, OR (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $708 | 4.44% |
| Klamath Falls, OR (FHA|USDA|VA) | 6 | $500,000 | $83,333 | $780 | 4.78% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 5 | $415,000 | $83,000 | $578 | 4.84% |
| La Grande, OR (FHA|USDA|VA) | 4 | $340,000 | $85,000 | $767 | 4.75% |
| The Dalles, OR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $995 | 3.25% |
| Brookings, OR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $885 | 4.07% |
Similar Lenders
We use machine learning to identify the top lenders compared against OREGON COMMUNITY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 172
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 1,300 | $113,910,000 | $87,623 | n/a | 5.04% |
| Conventional | 1,241 | $279,515,000 | $225,234 | $2,012 | 4.53% |
For 2022, Oregon Community's most frequently originated type of loan was HELOC, with 1,300 originations. Their 2nd most popular type was Conventional, with 1,241 originations.
Loan Reason
For 2022, Oregon Community's most frequently cited loan purpose was Home Improvement, with 1,101 originations. The 2nd most popular reason was Home Purchase, with 453 originations.
Loan Duration/Length
For 2022, Oregon Community's most frequently cited loan duration was 30 Year, with 1,643 originations. The 2nd most popular length was 15 Year, with 290 originations.
Origination Fees/Closing Costs
Oregon Community's average total fees were $4,056, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 906 originations.
Interest Rates
During 2022, Oregon Community's average interest rate for loans was 4.75%, while their most frequently originated rate bucket for loans was 3-4%, with 1,010 originations.
Loan Sizing
2022 saw Oregon Community place emphasis on $100,000 or less loans with 1,353 originations, totaling $67,505,000 in origination value.
Applicant Income
Oregon Community lent most frequently to those with incomes in the $100k-150k range, with 698 originations. The second most popular income band? $75k-100k, with 488 originations.
Applicant Debt to Income Ratio
Oregon Community lent most frequently to those with DTI ratios of 20-30%, with 532 originations. The next most common DTI ratio? 30-36%, with 477 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications72.40%
Oregon Community has a below average approval rate.
Pick Rate
Approvals leading to origination86.62%
Oregon Community has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 2 | $80,000 | $40,000 |
| NA | 2,539 | $393,345,000 | $154,921 |