Filo Mortgage · California · 2025

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

Filo Mortgage took 401 mortgage applications in California in 2025, ranking #288 of 1,147 lenders active in the state. It originated 41.2% of them and denied 6.0% (10.9% of the applications it decided), against a statewide denial rate of 17.4%.

401Applicationsin CA
10.9%Decision denial ratestate 22.4%
6.38%Median ratestate 6.63%
$585,000Median loanstate $385,000
$100MVolume37 counties

Filo Mortgage in California vs the state

6.0%Denial rate-11.43 pts vs state
10.9%Decision denial rate-11.49 pts vs state
41.2%Origination rate-15.05 pts vs state
6.38%Median rate-0.25 pts vs state
0.03Rate spread (pts)-0.25 pts vs state
$194kMedian applicant income
165Loans originated
24Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023262734.6%6.38%#306
20242871223.1%6.50%#309
20254011656.0%6.38%#288

What Filo Mortgage lends in California

By loan purpose

Home purchase 172 43% · 2.9% denied
Refinance 148 37% · 4.7% denied
Cash-out refinance 76 19% · 15.8% denied
Home improvement 5 1% · 0.0% denied

By loan type

Conventional 346 86% · 5.8% denied
FHA 42 10% · 9.5% denied
VA 13 3% · 0.0% denied

Why it denied California applicants

Debt-to-income ratio 9 38%
Other 5 21%
Collateral 4 17%
Unverifiable information 3 13%
Credit history 3 13%

Where in California

Counties with the most Filo Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 85409 10.6%
Orange County 41222 4.9%
San Diego County 38125 13.2%
Riverside County 33144 12.1%
Sacramento County 28111 3.6%
San Bernardino County 26130 0.0%
Alameda County 1830 0.0%
San Joaquin County 1870 0.0%
Santa Clara County 1220 0.0%
Fresno County 1050 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: 401 applications in 2025, of which 165 were originated and 24 denied.

6.0% of all applications, or 10.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Filo Mortgage originated in California in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Filo 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