F&A Federal Credit Union · California · 2025

F&A Federal Credit Union in California: approval rate, denial rate and rates (2025)

F&A Federal Credit Union took 623 mortgage applications in California in 2025, ranking #227 of 1,147 lenders active in the state. It originated 71.3% of them and denied 7.4% (9.0% of the applications it decided), against a statewide denial rate of 17.4%.

623Applicationsin CA
9.0%Decision denial ratestate 22.4%
7.00%Median ratestate 6.63%
$205,000Median loanstate $385,000
$134MVolume22 counties

F&A Federal Credit Union in California vs the state

7.4%Denial rate-10.04 pts vs state
9.0%Decision denial rate-13.43 pts vs state
71.3%Origination rate+15.07 pts vs state
7.00%Median rate+0.38 pts vs state
-0.05Rate spread (pts)-0.32 pts vs state
$180kMedian applicant income
444Loans originated
46Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236524804.9%7.00%#187
20245724375.8%8.00%#227
20256234447.4%7.00%#227

What F&A Federal Credit Union lends in California

By loan purpose

Home purchase 116 19% · 1.7% denied
Refinance 150 24% · 8.0% denied
Cash-out refinance 123 20% · 4.9% denied
Other / HELOC 234 38% · 11.1% denied

By loan type

Conventional 623 100% · 7.4% denied

Why it denied California applicants

Debt-to-income ratio 30 65%
Credit history 7 15%
Collateral 4 9%
Other 2 4%
Employment history 1 2%
Unverifiable information 1 2%
Incomplete application 1 2%

Where in California

Counties with the most F&A Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 31721429 9.1%
Orange County 88716 6.8%
San Bernardino County 79591 1.3%
Riverside County 59406 10.2%
Ventura County 25202 8.0%
San Diego County 18150 0.0%
Kern County 740 0.0%
San Luis Obispo County 640 0.0%
Santa Barbara County 330 0.0%
Sonoma County 220 0.0%

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: 623 applications in 2025, of which 444 were originated and 46 denied.

7.4% of all applications, or 9.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans F&A Federal Credit Union originated in California in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are F&A 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