CBC Federal Credit Union · California · 2025

CBC Federal Credit Union in California: approval rate, denial rate and rates (2025)

CBC Federal Credit Union took 520 mortgage applications in California in 2025, ranking #257 of 1,147 lenders active in the state. It originated 63.7% of them and denied 19.6% (23.6% of the applications it decided), against a statewide denial rate of 17.4%.

520Applicationsin CA
23.6%Decision denial ratestate 22.4%
8.00%Median ratestate 6.63%
$205,000Median loanstate $385,000
$139MVolume28 counties

CBC Federal Credit Union in California vs the state

19.6%Denial rate+2.20 pts vs state
23.6%Decision denial rate+1.16 pts vs state
63.7%Origination rate+7.45 pts vs state
8.00%Median rate+1.38 pts vs state
8.12Rate spread (pts)+7.85 pts vs state
$182kMedian applicant income
331Loans originated
102Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202346824518.8%8.50%#232
202453833920.6%9.00%#231
202552033119.6%8.00%#257

What CBC Federal Credit Union lends in California

By loan purpose

Home purchase 53 10% · 0.0% denied
Refinance 28 5% · 14.3% denied
Cash-out refinance 78 15% · 18.0% denied
Home improvement 187 36% · 33.7% denied
Other / HELOC 174 33% · 12.1% denied

By loan type

Conventional 517 99% · 19.5% denied
VA 3 1% · 33.3% denied

Why it denied California applicants

Debt-to-income ratio 70 69%
Credit history 23 23%
Collateral 5 5%
Other 3 3%
Employment history 1 1%

Where in California

Counties with the most CBC Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ventura County 26515477 29.1%
Los Angeles County 1026910 9.8%
Santa Clara County 37265 13.5%
Orange County 22142 9.1%
San Diego County 20151 5.0%
Riverside County 932 22.2%
Alameda County 880 0.0%
Sacramento County 870 0.0%
Santa Barbara County 751 14.3%
San Mateo County 650 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: 520 applications in 2025, of which 331 were originated and 102 denied.

19.6% of all applications, or 23.6% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans CBC Federal Credit Union originated in California in 2025 was 8.00%, against a statewide median of 6.63%.

About this data. Figures are CBC Federal Credit Union'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