Discover Bank · California · 2025

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

Discover Bank took 5,829 mortgage applications in California in 2025, ranking #36 of 1,147 lenders active in the state. It originated 14.0% of them and denied 54.3% (79.0% of the applications it decided), against a statewide denial rate of 17.4%.

5.8kApplicationsin CA
79.0%Decision denial ratestate 22.4%
8.58%Median ratestate 6.63%
$85,000Median loanstate $385,000
$87MVolume55 counties

Discover Bank in California vs the state

54.3%Denial rate+36.83 pts vs state
79.0%Decision denial rate+56.61 pts vs state
14.0%Origination rate-42.25 pts vs state
8.58%Median rate+1.96 pts vs state
1.93Rate spread (pts)+1.66 pts vs state
$138kMedian applicant income
813Loans originated
3,162Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319,7632,91946.9%8.74%#5
202419,1483,05952.4%8.59%#6
20255,82981354.3%8.58%#36

What Discover Bank lends in California

By loan purpose

Home purchase 302 5% · 55.3% denied
Refinance 1,012 17% · 54.4% denied
Home improvement 1,683 29% · 49.1% denied
Other / HELOC 2,832 49% · 57.1% denied

By loan type

Conventional 5,829 100% · 54.3% denied

Why it denied California applicants

Credit history 1,161 37%
Debt-to-income ratio 797 25%
Incomplete application 564 18%
Other 380 12%
Collateral 213 7%
Unverifiable information 34 1%
Employment history 13 0%

Where in California

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 1,104146628 56.9%
Riverside County 61895352 57.0%
San Diego County 49068243 49.6%
Orange County 43752217 49.7%
San Bernardino County 43772237 54.2%
Sacramento County 32256167 51.9%
Contra Costa County 22532126 56.0%
Alameda County 1811586 47.5%
San Joaquin County 1732192 53.2%
Fresno County 1622395 58.6%

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: 5,829 applications in 2025, of which 813 were originated and 3,162 denied.

54.3% of all applications, or 79.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Discover Bank originated in California in 2025 was 8.58%, against a statewide median of 6.63%.

About this data. Figures are Discover 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