Fay Servicing in California vs the state
16.7%Denial rate-0.75 pts vs state
43.6%Decision denial rate+21.19 pts vs state
16.7%Origination rate-39.53 pts vs state
7.41%Median rate+0.79 pts vs state
0.14Rate spread (pts)-0.14 pts vs state
$219kMedian applicant income
17Loans originated
17Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 42 | 23 | 2.4% | 8.75% | #560 |
| 2024 | 61 | 43 | 6.6% | 7.29% | #503 |
| 2025 | 102 | 17 | 16.7% | 7.41% | #438 |
What Fay Servicing lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Fay Servicing applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 24 | 3 | 4 | 16.7% |
| Sacramento County | 9 | 7 | 0 | 0.0% |
| Orange County | 9 | 0 | 1 | 11.1% |
| San Diego County | 8 | 0 | 2 | 25.0% |
| Riverside County | 7 | 0 | 0 | 0.0% |
| San Francisco County | 6 | 1 | 0 | 0.0% |
| San Bernardino County | 4 | 0 | 1 | 25.0% |
| Sonoma County | 4 | 0 | 1 | 25.0% |
| Contra Costa County | 3 | 0 | 0 | 0.0% |
| Alameda County | 3 | 0 | 1 | 33.3% |
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: 102 applications in 2025, of which 17 were originated and 17 denied.
16.7% of all applications, or 43.6% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Fay Servicing originated in California in 2025 was 7.41%, against a statewide median of 6.63%.
About this data. Figures are Fay Servicing'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