BNY Mellon · California · 2025

BNY Mellon in California: approval rate, denial rate and rates (2025)

BNY Mellon took 82 mortgage applications in California in 2025, ranking #468 of 1,147 lenders active in the state. It originated 80.5% of them and denied 4.9% (5.3% of the applications it decided), against a statewide denial rate of 17.4%.

82Applicationsin CA
5.3%Decision denial ratestate 22.4%
5.88%Median ratestate 6.63%
$1,230,000Median loanstate $385,000
$101MVolume20 counties

BNY Mellon in California vs the state

4.9%Denial rate-12.54 pts vs state
5.3%Decision denial rate-17.07 pts vs state
80.5%Origination rate+24.29 pts vs state
5.88%Median rate-0.75 pts vs state
-0.21Rate spread (pts)-0.48 pts vs state
$622kMedian applicant income
66Loans originated
4Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231107711.8%5.88%#420
202475556.7%6.25%#480
202582664.9%5.88%#468

What BNY Mellon lends in California

By loan purpose

Home purchase 34 41% · 0.0% denied
Refinance 15 18% · 13.3% denied
Home improvement 2 2% · 0.0% denied
Other / HELOC 31 38% · 6.5% denied

By loan type

Conventional 82 100% · 4.9% denied

Why it denied California applicants

Debt-to-income ratio 3 75%
Collateral 1 25%

Where in California

Counties with the most BNY Mellon applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 22161 4.5%
Orange County 1281 8.3%
San Diego County 860 0.0%
San Francisco County 651 16.7%
San Mateo County 530 0.0%
Monterey County 330 0.0%
Riverside County 330 0.0%
Sonoma County 330 0.0%
Marin County 330 0.0%
Alameda County 220 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: 82 applications in 2025, of which 66 were originated and 4 denied.

4.9% of all applications, or 5.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans BNY Mellon originated in California in 2025 was 5.88%, against a statewide median of 6.63%.

About this data. Figures are BNY Mellon'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