21st Mortgage · California · 2025

21st Mortgage in California: approval rate, denial rate and rates (2025)

21st Mortgage took 8,184 mortgage applications in California in 2025, ranking #26 of 1,147 lenders active in the state. It originated 15.4% of them and denied 36.9% (69.9% of the applications it decided), against a statewide denial rate of 17.4%.

8.2kApplicationsin CA
69.9%Decision denial ratestate 22.4%
10.02%Median ratestate 6.63%
$155,000Median loanstate $385,000
$197MVolume55 counties

21st Mortgage in California vs the state

36.9%Denial rate+19.52 pts vs state
69.9%Decision denial rate+47.51 pts vs state
15.4%Origination rate-40.78 pts vs state
10.02%Median rate+3.39 pts vs state
4.31Rate spread (pts)+4.04 pts vs state
$84kMedian applicant income
1,262Loans originated
3,023Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202311,2041,55837.3%9.89%#12
20249,8391,60836.4%9.96%#19
20258,1841,26236.9%10.02%#26

What 21st Mortgage lends in California

By loan purpose

Home purchase 7,687 94% · 36.1% denied
Refinance 117 1% · 56.4% denied
Cash-out refinance 149 2% · 51.0% denied
Home improvement 86 1% · 61.6% denied
Other / HELOC 145 2% · 35.2% denied

By loan type

Conventional 8,184 100% · 36.9% denied

Why it denied California applicants

Debt-to-income ratio 1,379 46%
Credit history 1,185 39%
Insufficient cash 165 5%
Collateral 112 4%
Unverifiable information 68 2%
Incomplete application 62 2%
Other 46 2%
Employment history 6 0%

Where in California

Counties with the most 21st Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 1,555244576 37.0%
Riverside County 1,150168456 39.7%
San Bernardino County 1,045131417 39.9%
San Diego County 982163296 30.1%
Orange County 44241172 38.9%
Santa Clara County 2915572 24.7%
Kern County 2634697 36.9%
Sacramento County 2344394 40.2%
Contra Costa County 1672775 44.9%
Stanislaus County 1603061 38.1%

Other large lenders in California

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 79,26112.6%6.49%
Rocket MortgageC 58,92517.6%6.75%
Bank of AmericaF 40,19030.8%5.99%
U.S. BankD 32,49331.6%6.50%
JPMorgan Chase BankB 22,0489.7%6.13%
Spring EqD 21,60150.8%8.88%
SchoolsfirstA 19,08610.0%6.25%
Pennymac Loan ServicesC 18,75413.5%6.50%
NewrezD 17,00019.3%6.63%
Loandepot.ComD 16,64518.7%6.63%

Frequently asked questions

California: 8,184 applications in 2025, of which 1,262 were originated and 3,023 denied.

36.9% of all applications, or 69.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans 21st Mortgage originated in California in 2025 was 10.02%, against a statewide median of 6.63%.

About this data. Figures are 21st Mortgage's own HMDA filing for properties located in California, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology