First-Citizens Bank & Trust · California · 2025

First-Citizens Bank & Trust in California: approval rate, denial rate and rates (2025)

First-Citizens Bank & Trust took 2,179 mortgage applications in California in 2025, ranking #97 of 1,147 lenders active in the state. It originated 63.5% of them and denied 20.2% (23.6% of the applications it decided), against a statewide denial rate of 17.4%.

2.2kApplicationsin CA
23.6%Decision denial ratestate 22.4%
6.01%Median ratestate 6.63%
$395,000Median loanstate $385,000
$739MVolume34 counties

First-Citizens Bank & Trust in California vs the state

20.2%Denial rate+2.73 pts vs state
23.6%Decision denial rate+1.20 pts vs state
63.5%Origination rate+7.27 pts vs state
6.01%Median rate-0.62 pts vs state
0.00Rate spread (pts)-0.27 pts vs state
$141kMedian applicant income
1,383Loans originated
439Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,0621,42613.2%5.78%#77
20241,7321,08219.5%6.00%#99
20252,1791,38320.2%6.01%#97

What First-Citizens Bank & Trust lends in California

By loan purpose

Home purchase 1,462 67% · 14.8% denied
Refinance 257 12% · 28.8% denied
Cash-out refinance 40 2% · 30.0% denied
Home improvement 271 12% · 33.6% denied
Other / HELOC 149 7% · 30.9% denied

By loan type

Conventional 2,057 94% · 20.5% denied
FHA 121 6% · 14.1% denied
VA 1 0% · 0.0% denied

Why it denied California applicants

Debt-to-income ratio 223 51%
Other 84 19%
Collateral 61 14%
Credit history 41 9%
Insufficient cash 20 5%
Unverifiable information 10 2%

Where in California

Counties with the most First-Citizens Bank & Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 797460209 26.2%
San Bernardino County 21313545 21.1%
Riverside County 19012631 16.3%
San Diego County 18111041 22.7%
Orange County 1779050 28.2%
San Francisco County 1551412 1.3%
Santa Clara County 1241016 4.8%
Contra Costa County 654611 16.9%
Sacramento County 61465 8.2%
San Mateo County 48269 18.8%

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: 2,179 applications in 2025, of which 1,383 were originated and 439 denied.

20.2% of all applications, or 23.6% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans First-Citizens Bank & Trust originated in California in 2025 was 6.01%, against a statewide median of 6.63%.

About this data. Figures are First-Citizens Bank & Trust'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