Commercial Lender in California vs the state
85.4%Denial rate+67.95 pts vs state
97.2%Decision denial rate+74.82 pts vs state
2.4%Origination rate-53.76 pts vs state
9.99%Median rate+3.37 pts vs state
—Rate spread (pts)
—Median applicant income
1Loans originated
35Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 51 | 5 | 29.4% | 11.50% | #540 |
| 2024 | 50 | 9 | 30.0% | 11.49% | #527 |
| 2025 | 41 | 1 | 85.4% | 9.99% | #553 |
What Commercial Lender lends in California
By loan purpose
By loan type
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: 41 applications in 2025, of which 1 were originated and 35 denied.
85.4% of all applications, or 97.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Commercial Lender originated in California in 2025 was 9.99%, against a statewide median of 6.63%.
About this data. Figures are Commercial Lender'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