Citadel Servicing · California · 2025

Citadel Servicing in California: approval rate, denial rate and rates (2025)

Citadel Servicing took 2,267 mortgage applications in California in 2025, ranking #94 of 1,147 lenders active in the state. It originated 64.8% of them and denied 2.8% (3.0% of the applications it decided), against a statewide denial rate of 17.4%.

2.3kApplicationsin CA
3.0%Decision denial ratestate 22.4%
7.13%Median ratestate 6.63%
$565,000Median loanstate $385,000
$1.1BVolume46 counties

Citadel Servicing in California vs the state

2.8%Denial rate-14.60 pts vs state
3.0%Decision denial rate-19.37 pts vs state
64.8%Origination rate+8.64 pts vs state
7.13%Median rate+0.50 pts vs state
0.71Rate spread (pts)+0.43 pts vs state
$276kMedian applicant income
1,470Loans originated
64Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,3717194.7%8.50%#109
20241,9191,0264.7%8.00%#90
20252,2671,4702.8%7.13%#94

What Citadel Servicing lends in California

By loan purpose

Home purchase 1,148 51% · 2.2% denied
Refinance 282 12% · 3.9% denied
Cash-out refinance 837 37% · 3.4% denied

By loan type

Conventional 2,267 100% · 2.8% denied

Why it denied California applicants

Other 24 38%
Collateral 18 28%
Unverifiable information 8 13%
Credit history 7 11%
Debt-to-income ratio 6 9%
Employment history 1 2%

Where in California

Counties with the most Citadel Servicing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 64041815 2.3%
San Diego County 2021269 4.5%
Orange County 1811254 2.2%
Riverside County 1761046 3.4%
San Bernardino County 117753 2.6%
Ventura County 110872 1.8%
Alameda County 78493 3.8%
Santa Clara County 71502 2.8%
Contra Costa County 69483 4.3%
San Mateo County 52390 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: 2,267 applications in 2025, of which 1,470 were originated and 64 denied.

2.8% of all applications, or 3.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Citadel Servicing originated in California in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are Citadel Servicing'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