Broker Solutions · California · 2025

Broker Solutions in California: approval rate, denial rate and rates (2025)

Broker Solutions took 12,478 mortgage applications in California in 2025, ranking #16 of 1,147 lenders active in the state. It originated 40.9% of them and denied 7.8% (15.3% of the applications it decided), against a statewide denial rate of 17.4%.

12kApplicationsin CA
15.3%Decision denial ratestate 22.4%
6.88%Median ratestate 6.63%
$355,000Median loanstate $385,000
$2.5BVolume57 counties

Broker Solutions in California vs the state

7.8%Denial rate-9.58 pts vs state
15.3%Decision denial rate-7.13 pts vs state
40.9%Origination rate-15.29 pts vs state
6.88%Median rate+0.25 pts vs state
0.51Rate spread (pts)+0.24 pts vs state
$139kMedian applicant income
5,105Loans originated
978Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236,8283,0067.4%6.75%#24
202410,9284,4259.7%6.99%#18
202512,4785,1057.8%6.88%#16

What Broker Solutions lends in California

By loan purpose

Home purchase 4,049 32% · 2.1% denied
Refinance 1,829 15% · 5.6% denied
Cash-out refinance 4,209 34% · 8.0% denied
Home improvement 916 7% · 15.0% denied
Other / HELOC 1,475 12% · 21.6% denied

By loan type

Conventional 8,804 71% · 7.0% denied
FHA 3,096 25% · 10.3% denied
VA 573 5% · 7.3% denied
USDA / RHS 5 0% · 0.0% denied

Why it denied California applicants

Credit history 443 45%
Debt-to-income ratio 183 19%
Incomplete application 132 13%
Collateral 89 9%
Other 82 8%
Unverifiable information 37 4%
Insufficient cash 8 1%
Employment history 4 0%

Where in California

Counties with the most Broker Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 2,7171,081187 6.9%
Riverside County 1,400520131 9.4%
San Bernardino County 1,05739194 8.9%
Orange County 86139464 7.4%
San Diego County 82932575 9.0%
Contra Costa County 57928233 5.7%
Sacramento County 46616840 8.6%
Kern County 42616245 10.6%
Alameda County 38520629 7.5%
Santa Clara County 37219922 5.9%

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: 12,478 applications in 2025, of which 5,105 were originated and 978 denied.

7.8% of all applications, or 15.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Broker Solutions originated in California in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Broker Solutions'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