Banner Bank · California · 2025

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

Banner Bank took 1,330 mortgage applications in California in 2025, ranking #142 of 1,147 lenders active in the state. It originated 47.1% of them and denied 42.5% (46.4% of the applications it decided), against a statewide denial rate of 17.4%.

1.3kApplicationsin CA
46.4%Decision denial ratestate 22.4%
7.50%Median ratestate 6.63%
$105,000Median loanstate $385,000
$226MVolume44 counties

Banner Bank in California vs the state

42.5%Denial rate+25.06 pts vs state
46.4%Decision denial rate+23.95 pts vs state
47.1%Origination rate-9.06 pts vs state
7.50%Median rate+0.88 pts vs state
0.70Rate spread (pts)+0.43 pts vs state
$170kMedian applicant income
627Loans originated
565Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,31852347.2%9.24%#112
20241,43862145.6%8.99%#117
20251,33062742.5%7.50%#142

What Banner Bank lends in California

By loan purpose

Home purchase 285 21% · 28.1% denied
Refinance 88 7% · 42.1% denied
Cash-out refinance 79 6% · 29.1% denied
Home improvement 765 58% · 48.2% denied
Other / HELOC 113 8% · 49.6% denied

By loan type

Conventional 1,305 98% · 42.9% denied
FHA 19 1% · 26.3% denied
VA 6 0% · 0.0% denied

Why it denied California applicants

Debt-to-income ratio 290 51%
Credit history 120 21%
Collateral 100 18%
Unverifiable information 25 4%
Other 22 4%
Employment history 6 1%
Insufficient cash 1 0%
Incomplete application 1 0%

Where in California

Counties with the most Banner Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
San Diego County 318157129 40.6%
Los Angeles County 19574106 54.4%
Riverside County 1568560 38.5%
San Bernardino County 1465376 52.1%
Sacramento County 904737 41.1%
Siskiyou County 664017 25.8%
Tehama County 482517 35.4%
Placer County 472621 44.7%
El Dorado County 321315 46.9%
Nevada County 321314 43.8%

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: 1,330 applications in 2025, of which 627 were originated and 565 denied.

42.5% of all applications, or 46.4% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Banner Bank originated in California in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Banner 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