Clearedge Lending in California vs the state
18.7%Denial rate+1.23 pts vs state
21.9%Decision denial rate-0.51 pts vs state
65.2%Origination rate+8.97 pts vs state
7.13%Median rate+0.50 pts vs state
0.67Rate spread (pts)+0.40 pts vs state
$380kMedian applicant income
898Loans originated
257Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 568 | 353 | 19.9% | 7.88% | #203 |
| 2024 | 913 | 588 | 16.5% | 7.38% | #168 |
| 2025 | 1,378 | 898 | 18.7% | 7.13% | #137 |
What Clearedge Lending lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Clearedge Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 518 | 331 | 89 | 17.2% |
| Orange County | 184 | 116 | 35 | 19.0% |
| San Diego County | 110 | 67 | 26 | 23.6% |
| Riverside County | 95 | 62 | 18 | 18.9% |
| San Bernardino County | 50 | 34 | 8 | 16.0% |
| Ventura County | 49 | 35 | 7 | 14.3% |
| Santa Barbara County | 45 | 36 | 7 | 15.6% |
| Alameda County | 36 | 22 | 8 | 22.2% |
| San Luis Obispo County | 32 | 24 | 3 | 9.4% |
| Contra Costa County | 26 | 19 | 5 | 19.2% |
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: 1,378 applications in 2025, of which 898 were originated and 257 denied.
18.7% of all applications, or 21.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Clearedge Lending originated in California in 2025 was 7.13%, against a statewide median of 6.63%.
About this data. Figures are Clearedge Lending'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