BoxCar Mortgage · California · 2025

BoxCar Mortgage in California: approval rate, denial rate and rates (2025)

BoxCar Mortgage took 49 mortgage applications in California in 2025, ranking #521 of 1,147 lenders active in the state. It originated 83.7% of them and denied 2.0% (2.3% of the applications it decided), against a statewide denial rate of 17.4%.

49Applicationsin CA
2.3%Decision denial ratestate 22.4%
6.62%Median ratestate 6.63%
$545,000Median loanstate $385,000
$24MVolume18 counties

BoxCar Mortgage in California vs the state

2.0%Denial rate-15.38 pts vs state
2.3%Decision denial rate-20.13 pts vs state
83.7%Origination rate+27.47 pts vs state
6.62%Median rate0.00 pts vs state
0.27Rate spread (pts)0.00 pts vs state
$14,063kMedian applicant income
41Loans originated
1Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20241288.3%8.38%#707
202549412.0%6.62%#521

What BoxCar Mortgage lends in California

By loan purpose

Home purchase 28 57% · 0.0% denied
Refinance 9 18% · 0.0% denied
Cash-out refinance 12 24% · 8.3% denied

By loan type

Conventional 42 86% · 2.4% denied
FHA 7 14% · 0.0% denied

Why it denied California applicants

Debt-to-income ratio 1 100%

Where in California

Counties with the most BoxCar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Contra Costa County 11100 0.0%
Sonoma County 760 0.0%
Monterey County 660 0.0%
Santa Cruz County 640 0.0%
Riverside County 320 0.0%
San Joaquin County 220 0.0%
Solano County 210 0.0%
Los Angeles County 220 0.0%
Sacramento County 110 0.0%
San Bernardino County 101 100.0%

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: 49 applications in 2025, of which 41 were originated and 1 denied.

2.0% of all applications, or 2.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans BoxCar Mortgage originated in California in 2025 was 6.62%, against a statewide median of 6.63%.

About this data. Figures are BoxCar 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