City National Bank · California · 2025

City National Bank in California: approval rate, denial rate and rates (2025)

City National Bank took 4,042 mortgage applications in California in 2025, ranking #51 of 1,147 lenders active in the state. It originated 63.7% of them and denied 14.3% (18.2% of the applications it decided), against a statewide denial rate of 17.4%.

4.0kApplicationsin CA
18.2%Decision denial ratestate 22.4%
6.03%Median ratestate 6.63%
$805,000Median loanstate $385,000
$3.1BVolume36 counties

City National Bank in California vs the state

14.3%Denial rate-3.10 pts vs state
18.2%Decision denial rate-4.20 pts vs state
63.7%Origination rate+7.53 pts vs state
6.03%Median rate-0.59 pts vs state
-0.25Rate spread (pts)-0.52 pts vs state
$244kMedian applicant income
2,576Loans originated
579Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,6731,00422.6%7.05%#94
20241,9671,07824.1%6.40%#87
20254,0422,57614.3%6.03%#51

What City National Bank lends in California

By loan purpose

Home purchase 2,377 59% · 10.5% denied
Refinance 841 21% · 12.6% denied
Cash-out refinance 347 9% · 25.4% denied
Home improvement 169 4% · 31.4% denied
Other / HELOC 308 8% · 27.0% denied

By loan type

Conventional 4,042 100% · 14.3% denied

Why it denied California applicants

Debt-to-income ratio 343 59%
Collateral 96 17%
Other 50 9%
Credit history 34 6%
Unverifiable information 27 5%
Insufficient cash 27 5%
Incomplete application 1 0%
Employment history 1 0%

Where in California

Counties with the most City National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 2,1511,416319 14.8%
Orange County 35523649 13.8%
Santa Clara County 34019129 8.5%
Riverside County 22614632 14.2%
Alameda County 20411015 7.4%
San Bernardino County 19511826 13.3%
San Diego County 1597847 29.6%
Ventura County 895523 25.8%
San Mateo County 87617 8.0%
Contra Costa County 66515 7.6%

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: 4,042 applications in 2025, of which 2,576 were originated and 579 denied.

14.3% of all applications, or 18.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans City National Bank originated in California in 2025 was 6.03%, against a statewide median of 6.63%.

About this data. Figures are City National 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