First City in California vs the state
30.0%Denial rate+12.55 pts vs state
33.1%Decision denial rate+10.70 pts vs state
51.4%Origination rate-4.78 pts vs state
7.75%Median rate+1.13 pts vs state
1.52Rate spread (pts)+1.25 pts vs state
$123kMedian applicant income
163Loans originated
95Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 341 | 164 | 36.1% | 7.25% | #275 |
| 2024 | 207 | 116 | 26.1% | 8.50% | #349 |
| 2025 | 317 | 163 | 30.0% | 7.75% | #311 |
What First City lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most First City applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 229 | 122 | 65 | 28.4% |
| San Bernardino County | 52 | 20 | 20 | 38.5% |
| Riverside County | 21 | 11 | 6 | 28.6% |
| Orange County | 9 | 6 | 3 | 33.3% |
| Kern County | 4 | 3 | 0 | 0.0% |
| San Diego County | 1 | 1 | 0 | 0.0% |
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: 317 applications in 2025, of which 163 were originated and 95 denied.
30.0% of all applications, or 33.1% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans First City originated in California in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are First City'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