American Financial Resources · California · 2025

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

American Financial Resources took 676 mortgage applications in California in 2025, ranking #211 of 1,147 lenders active in the state. It originated 65.1% of them and denied 6.5% (9.0% of the applications it decided), against a statewide denial rate of 17.4%.

676Applicationsin CA
9.0%Decision denial ratestate 22.4%
6.38%Median ratestate 6.63%
$435,000Median loanstate $385,000
$202MVolume47 counties

American Financial Resources in California vs the state

6.5%Denial rate-10.91 pts vs state
9.0%Decision denial rate-13.40 pts vs state
65.1%Origination rate+8.89 pts vs state
6.38%Median rate-0.25 pts vs state
0.20Rate spread (pts)-0.07 pts vs state
$136kMedian applicant income
440Loans originated
44Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231176319.7%6.75%#409
20243302107.9%6.63%#292
20256764406.5%6.38%#211

What American Financial Resources lends in California

By loan purpose

Home purchase 435 64% · 6.7% denied
Refinance 118 17% · 5.1% denied
Cash-out refinance 123 18% · 7.3% denied

By loan type

Conventional 359 53% · 5.3% denied
FHA 239 35% · 9.2% denied
VA 68 10% · 4.4% denied
USDA / RHS 10 1% · 0.0% denied

Why it denied California applicants

Debt-to-income ratio 20 45%
Other 10 23%
Collateral 6 14%
Credit history 5 11%
Insufficient cash 1 2%
Employment history 1 2%
Incomplete application 1 2%

Where in California

Counties with the most American Financial Resources applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Riverside County 93673 3.2%
San Bernardino County 79512 2.5%
Los Angeles County 74379 12.2%
San Diego County 64425 7.8%
Sacramento County 48323 6.3%
San Joaquin County 33193 9.1%
Kern County 26200 0.0%
Orange County 22111 4.5%
Humboldt County 18141 5.6%
Fresno County 1783 17.6%

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: 676 applications in 2025, of which 440 were originated and 44 denied.

6.5% of all applications, or 9.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans American Financial Resources originated in California in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are American Financial Resources'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