Equity Prime Mortgage · California · 2025

Equity Prime Mortgage in California: approval rate, denial rate and rates (2025)

Equity Prime Mortgage took 2,551 mortgage applications in California in 2025, ranking #79 of 1,147 lenders active in the state. It originated 44.1% of them and denied 9.4% (17.5% of the applications it decided), against a statewide denial rate of 17.4%.

2.6kApplicationsin CA
17.5%Decision denial ratestate 22.4%
6.25%Median ratestate 6.63%
$445,000Median loanstate $385,000
$551MVolume54 counties

Equity Prime Mortgage in California vs the state

9.4%Denial rate-8.01 pts vs state
17.5%Decision denial rate-4.93 pts vs state
44.1%Origination rate-12.06 pts vs state
6.25%Median rate-0.38 pts vs state
0.23Rate spread (pts)-0.04 pts vs state
$122kMedian applicant income
1,126Loans originated
240Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238544264.9%6.75%#150
20241,6839573.2%6.50%#102
20252,5511,1269.4%6.25%#79

What Equity Prime Mortgage lends in California

By loan purpose

Home purchase 938 37% · 8.9% denied
Refinance 398 16% · 4.8% denied
Cash-out refinance 1,215 48% · 11.4% denied

By loan type

Conventional 268 11% · 7.5% denied
FHA 1,523 60% · 10.4% denied
VA 737 29% · 8.1% denied
USDA / RHS 23 1% · 4.4% denied

Why it denied California applicants

Debt-to-income ratio 77 32%
Credit history 60 25%
Other 56 23%
Collateral 16 7%
Employment history 9 4%
Unverifiable information 9 4%
Insufficient cash 7 3%
Incomplete application 6 3%

Where in California

Counties with the most Equity Prime Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 35715128 7.8%
Riverside County 35316733 9.3%
San Bernardino County 28712923 8.0%
San Diego County 21110626 12.3%
Sacramento County 1435214 9.8%
Kern County 1255219 15.2%
Fresno County 96408 8.3%
Orange County 90347 7.8%
San Joaquin County 753210 13.3%
Solano County 64315 7.8%

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: 2,551 applications in 2025, of which 1,126 were originated and 240 denied.

9.4% of all applications, or 17.5% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Equity Prime Mortgage originated in California in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Equity Prime Mortgage'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