FlexPoint in California vs the state
3.1%Denial rate-14.30 pts vs state
4.0%Decision denial rate-18.39 pts vs state
53.8%Origination rate-2.41 pts vs state
6.88%Median rate+0.25 pts vs state
0.72Rate spread (pts)+0.45 pts vs state
$164kMedian applicant income
1,861Loans originated
108Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 989 | 366 | 12.6% | 7.38% | #135 |
| 2024 | 2,562 | 1,366 | 5.1% | 7.00% | #69 |
| 2025 | 3,460 | 1,861 | 3.1% | 6.88% | #58 |
What FlexPoint lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most FlexPoint applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 953 | 499 | 35 | 3.7% |
| Orange County | 387 | 214 | 12 | 3.1% |
| Kern County | 318 | 200 | 8 | 2.5% |
| Riverside County | 313 | 157 | 12 | 3.8% |
| San Bernardino County | 303 | 156 | 7 | 2.3% |
| Monterey County | 193 | 120 | 5 | 2.6% |
| San Diego County | 166 | 62 | 7 | 4.2% |
| Stanislaus County | 136 | 81 | 2 | 1.5% |
| San Joaquin County | 99 | 65 | 1 | 1.0% |
| Merced County | 59 | 36 | 2 | 3.4% |
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: 3,460 applications in 2025, of which 1,861 were originated and 108 denied.
3.1% of all applications, or 4.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans FlexPoint originated in California in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are FlexPoint'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