Better Mortgage in California vs the state
27.8%Denial rate+10.41 pts vs state
44.6%Decision denial rate+22.20 pts vs state
33.5%Origination rate-22.75 pts vs state
7.38%Median rate+0.75 pts vs state
0.67Rate spread (pts)+0.40 pts vs state
$199kMedian applicant income
1,786Loans originated
1,486Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 835 | 329 | 6.1% | 6.25% | #152 |
| 2024 | 1,433 | 500 | 14.0% | 6.63% | #118 |
| 2025 | 5,340 | 1,786 | 27.8% | 7.38% | #39 |
What Better Mortgage lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 973 | 289 | 313 | 32.2% |
| San Diego County | 619 | 215 | 171 | 27.6% |
| Orange County | 443 | 141 | 142 | 32.1% |
| Riverside County | 362 | 102 | 109 | 30.1% |
| Alameda County | 275 | 75 | 60 | 21.8% |
| Sacramento County | 274 | 85 | 72 | 26.3% |
| Santa Clara County | 255 | 75 | 62 | 24.3% |
| San Bernardino County | 245 | 56 | 84 | 34.3% |
| Contra Costa County | 216 | 80 | 47 | 21.8% |
| Placer County | 116 | 49 | 28 | 24.1% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 5,340 applications in 2025, of which 1,786 were originated and 1,486 denied.
27.8% of all applications, or 44.6% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Better Mortgage originated in California in 2025 was 7.38%, against a statewide median of 6.63%.
About this data. Figures are Better 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