Center Street Lending VIII SPE in California vs the state
4.2%Denial rate-13.24 pts vs state
4.9%Decision denial rate-17.48 pts vs state
80.8%Origination rate+24.59 pts vs state
10.38%Median rate+3.75 pts vs state
—Rate spread (pts)
—Median applicant income
946Loans originated
49Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 1,272 | 989 | 0.0% | 10.99% | #133 |
| 2025 | 1,171 | 946 | 4.2% | 10.38% | #156 |
What Center Street Lending VIII SPE lends in California
By loan purpose
By loan type
Why it denied California applicants
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: 1,171 applications in 2025, of which 946 were originated and 49 denied.
4.2% of all applications, or 4.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Center Street Lending VIII SPE originated in California in 2025 was 10.38%, against a statewide median of 6.63%.
About this data. Figures are Center Street Lending VIII SPE'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