Comerica Bank · California · 2025

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

Comerica Bank took 2,324 mortgage applications in California in 2025, ranking #88 of 1,147 lenders active in the state. It originated 42.0% of them and denied 39.7% (46.7% of the applications it decided), against a statewide denial rate of 17.4%.

2.3kApplicationsin CA
46.7%Decision denial ratestate 22.4%
5.99%Median ratestate 6.63%
$295,000Median loanstate $385,000
$526MVolume39 counties

Comerica Bank in California vs the state

39.7%Denial rate+22.30 pts vs state
46.7%Decision denial rate+24.26 pts vs state
42.0%Origination rate-14.25 pts vs state
5.99%Median rate-0.63 pts vs state
-1.20Rate spread (pts)-1.47 pts vs state
$208kMedian applicant income
975Loans originated
923Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,9991,33540.7%5.74%#57
20242,4011,03941.9%6.49%#74
20252,32497539.7%5.99%#88

What Comerica Bank lends in California

By loan purpose

Home purchase 104 4% · 22.1% denied
Refinance 838 36% · 38.4% denied
Cash-out refinance 36 2% · 41.7% denied
Home improvement 856 37% · 41.6% denied
Other / HELOC 490 21% · 42.2% denied

By loan type

Conventional 2,323 100% · 39.7% denied
VA 1 0% · 100.0% denied

Why it denied California applicants

Debt-to-income ratio 729 79%
Collateral 87 9%
Credit history 60 7%
Other 28 3%
Incomplete application 13 1%
Insufficient cash 5 1%
Unverifiable information 1 0%

Where in California

Counties with the most Comerica Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 580217256 44.1%
Orange County 308145114 37.0%
San Diego County 284124116 40.8%
Santa Clara County 2159577 35.8%
Santa Cruz County 1406848 34.3%
Alameda County 1294951 39.5%
Contra Costa County 1205149 40.8%
San Mateo County 874529 33.3%
Riverside County 873436 41.4%
Monterey County 782935 44.9%

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: 2,324 applications in 2025, of which 975 were originated and 923 denied.

39.7% of all applications, or 46.7% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Comerica Bank originated in California in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are Comerica 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