Armed Forces Bank · California · 2025

Armed Forces Bank in California: approval rate, denial rate and rates (2025)

Armed Forces Bank took 99 mortgage applications in California in 2025, ranking #441 of 1,147 lenders active in the state. It originated 48.5% of them and denied 13.1% (21.0% of the applications it decided), against a statewide denial rate of 17.4%.

99Applicationsin CA
21.0%Decision denial ratestate 22.4%
6.13%Median ratestate 6.63%
$505,000Median loanstate $385,000
$27MVolume27 counties

Armed Forces Bank in California vs the state

13.1%Denial rate-4.29 pts vs state
21.0%Decision denial rate-1.43 pts vs state
48.5%Origination rate-7.72 pts vs state
6.13%Median rate-0.50 pts vs state
-0.47Rate spread (pts)-0.74 pts vs state
$146kMedian applicant income
48Loans originated
13Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023361811.1%6.25%#583
2024823515.9%6.25%#466
2025994813.1%6.13%#441

What Armed Forces Bank lends in California

By loan purpose

Home purchase 53 54% · 5.7% denied
Refinance 26 26% · 23.1% denied
Cash-out refinance 15 15% · 6.7% denied
Other / HELOC 5 5% · 60.0% denied

By loan type

Conventional 22 22% · 13.6% denied
FHA 6 6% · 33.3% denied
VA 71 72% · 11.3% denied

Why it denied California applicants

Incomplete application 6 46%
Other 3 23%
Debt-to-income ratio 2 15%
Collateral 1 8%
Credit history 1 8%

Where in California

Counties with the most Armed Forces Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 1463 21.4%
Riverside County 1252 16.7%
Butte County 1171 9.1%
San Diego County 840 0.0%
San Bernardino County 733 42.9%
Orange County 530 0.0%
Sacramento County 531 20.0%
Alameda County 420 0.0%
Kern County 310 0.0%
Placer County 300 0.0%

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: 99 applications in 2025, of which 48 were originated and 13 denied.

13.1% of all applications, or 21.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Armed Forces Bank originated in California in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are Armed Forces Bank'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