Downey Federal Credit Union in California vs the state
21.1%Denial rate+3.69 pts vs state
30.9%Decision denial rate+8.49 pts vs state
47.2%Origination rate-8.98 pts vs state
5.90%Median rate-0.72 pts vs state
-1.67Rate spread (pts)-1.94 pts vs state
$137kMedian applicant income
85Loans originated
38Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 227 | 142 | 11.0% | 7.75% | #326 |
| 2024 | 126 | 71 | 39.7% | 8.25% | #409 |
| 2025 | 180 | 85 | 21.1% | 5.90% | #378 |
What Downey Federal Credit Union lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Downey Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 80 | 73 | 1 | 1.3% |
| Orange County | 10 | 10 | 0 | 0.0% |
| Riverside County | 1 | 1 | 0 | 0.0% |
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: 180 applications in 2025, of which 85 were originated and 38 denied.
21.1% of all applications, or 30.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Downey Federal Credit Union originated in California in 2025 was 5.90%, against a statewide median of 6.63%.
About this data. Figures are Downey Federal Credit Union'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