Cathay Bank in California vs the state
8.2%Denial rate-9.20 pts vs state
10.2%Decision denial rate-12.19 pts vs state
69.4%Origination rate+13.17 pts vs state
6.25%Median rate-0.38 pts vs state
-0.17Rate spread (pts)-0.45 pts vs state
$107kMedian applicant income
616Loans originated
73Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,104 | 754 | 9.0% | 6.38% | #126 |
| 2024 | 610 | 428 | 9.8% | 7.13% | #222 |
| 2025 | 888 | 616 | 8.2% | 6.25% | #189 |
What Cathay Bank lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Cathay Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 297 | 229 | 11 | 3.7% |
| Orange County | 228 | 155 | 24 | 10.5% |
| San Bernardino County | 86 | 60 | 6 | 7.0% |
| Santa Clara County | 52 | 29 | 8 | 15.4% |
| Riverside County | 49 | 28 | 8 | 16.3% |
| San Diego County | 35 | 27 | 2 | 5.7% |
| Alameda County | 33 | 21 | 3 | 9.1% |
| San Mateo County | 24 | 15 | 4 | 16.7% |
| San Francisco County | 22 | 16 | 2 | 9.1% |
| Sacramento County | 18 | 7 | 3 | 16.7% |
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: 888 applications in 2025, of which 616 were originated and 73 denied.
8.2% of all applications, or 10.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Cathay Bank originated in California in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Cathay 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