American Financial Network · California · 2025

American Financial Network in California: approval rate, denial rate and rates (2025)

American Financial Network took 2,526 mortgage applications in California in 2025, ranking #80 of 1,147 lenders active in the state. It originated 61.5% of them and denied 9.7% (13.5% of the applications it decided), against a statewide denial rate of 17.4%.

2.5kApplicationsin CA
13.5%Decision denial ratestate 22.4%
6.63%Median ratestate 6.63%
$505,000Median loanstate $385,000
$904MVolume50 counties

American Financial Network in California vs the state

9.7%Denial rate-7.68 pts vs state
13.5%Decision denial rate-8.95 pts vs state
61.5%Origination rate+5.32 pts vs state
6.63%Median rate0.00 pts vs state
0.38Rate spread (pts)+0.11 pts vs state
$143kMedian applicant income
1,554Loans originated
246Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,9161,6118.9%6.63%#59
20242,7181,6648.3%6.75%#64
20252,5261,5549.7%6.63%#80

What American Financial Network lends in California

By loan purpose

Home purchase 1,726 68% · 9.0% denied
Refinance 281 11% · 10.7% denied
Cash-out refinance 519 21% · 11.8% denied

By loan type

Conventional 1,461 58% · 10.0% denied
FHA 861 34% · 10.1% denied
VA 197 8% · 4.1% denied
USDA / RHS 7 0% · 71.4% denied

Why it denied California applicants

Debt-to-income ratio 141 57%
Other 31 13%
Collateral 29 12%
Credit history 24 10%
Unverifiable information 16 7%
Incomplete application 4 2%
Employment history 1 0%

Where in California

Counties with the most American Financial Network applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 69840065 9.3%
Riverside County 42726743 10.1%
San Bernardino County 40125740 10.0%
San Diego County 1569515 9.6%
Orange County 1529810 6.6%
Kern County 95697 7.4%
Sacramento County 77497 9.1%
San Joaquin County 61445 8.2%
Fresno County 54339 16.7%
Contra Costa County 50268 16.0%

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: 2,526 applications in 2025, of which 1,554 were originated and 246 denied.

9.7% of all applications, or 13.5% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans American Financial Network originated in California in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are American Financial Network'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