Champions Funding · California · 2025

Champions Funding in California: approval rate, denial rate and rates (2025)

Champions Funding took 2,620 mortgage applications in California in 2025, ranking #75 of 1,147 lenders active in the state. It originated 52.2% of them and denied 23.1% (30.7% of the applications it decided), against a statewide denial rate of 17.4%.

2.6kApplicationsin CA
30.7%Decision denial ratestate 22.4%
7.75%Median ratestate 6.63%
$525,000Median loanstate $385,000
$869MVolume51 counties

Champions Funding in California vs the state

23.1%Denial rate+5.67 pts vs state
30.7%Decision denial rate+8.25 pts vs state
52.2%Origination rate-4.02 pts vs state
7.75%Median rate+1.13 pts vs state
1.98Rate spread (pts)+1.71 pts vs state
$288kMedian applicant income
1,367Loans originated
605Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202360625157.6%9.38%#196
20241,05261819.7%8.63%#149
20252,6201,36723.1%7.75%#75

What Champions Funding lends in California

By loan purpose

Home purchase 1,087 41% · 18.0% denied
Refinance 415 16% · 31.1% denied
Cash-out refinance 1,118 43% · 25.0% denied

By loan type

Conventional 2,620 100% · 23.1% denied

Why it denied California applicants

Incomplete application 318 53%
Other 137 23%
Collateral 75 12%
Credit history 34 6%
Debt-to-income ratio 19 3%
Insufficient cash 17 3%
Unverifiable information 3 0%
Employment history 2 0%

Where in California

Counties with the most Champions Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 586306144 24.6%
San Diego County 25814453 20.5%
Orange County 23912844 18.4%
Riverside County 23811654 22.7%
San Bernardino County 19610148 24.5%
Sacramento County 1336225 18.8%
Alameda County 884517 19.3%
Ventura County 753521 28.0%
Contra Costa County 695014 20.3%
Santa Clara County 683121 30.9%

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: 2,620 applications in 2025, of which 1,367 were originated and 605 denied.

23.1% of all applications, or 30.7% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Champions Funding originated in California in 2025 was 7.75%, against a statewide median of 6.63%.

About this data. Figures are Champions Funding'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