Flagstar Bank in California vs the state
32.0%Denial rate+14.57 pts vs state
40.3%Decision denial rate+17.93 pts vs state
45.5%Origination rate-10.73 pts vs state
6.50%Median rate-0.13 pts vs state
0.17Rate spread (pts)-0.11 pts vs state
$193kMedian applicant income
934Loans originated
657Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 6,587 | 3,406 | 27.1% | 7.88% | #27 |
| 2024 | 6,403 | 3,423 | 27.3% | 6.91% | #32 |
| 2025 | 2,054 | 934 | 32.0% | 6.50% | #106 |
What Flagstar Bank lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Flagstar Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 330 | 138 | 112 | 33.9% |
| San Bernardino County | 324 | 132 | 81 | 25.0% |
| Riverside County | 205 | 92 | 59 | 28.8% |
| San Diego County | 179 | 91 | 62 | 34.6% |
| Orange County | 159 | 69 | 54 | 34.0% |
| Santa Clara County | 102 | 54 | 28 | 27.5% |
| Alameda County | 86 | 45 | 26 | 30.2% |
| Contra Costa County | 82 | 46 | 25 | 30.5% |
| Sacramento County | 60 | 26 | 24 | 40.0% |
| San Mateo County | 50 | 32 | 9 | 18.0% |
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: 2,054 applications in 2025, of which 934 were originated and 657 denied.
32.0% of all applications, or 40.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Flagstar Bank originated in California in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Flagstar Bank'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