Franklin Loan in California vs the state
1.5%Denial rate-15.93 pts vs state
1.8%Decision denial rate-20.56 pts vs state
77.4%Origination rate+21.18 pts vs state
6.75%Median rate+0.13 pts vs state
0.44Rate spread (pts)+0.16 pts vs state
$155kMedian applicant income
1,608Loans originated
31Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,182 | 911 | 1.4% | 6.75% | #121 |
| 2024 | 1,663 | 1,279 | 1.0% | 6.75% | #103 |
| 2025 | 2,078 | 1,608 | 1.5% | 6.75% | #104 |
What Franklin Loan lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Franklin Loan applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Riverside County | 817 | 621 | 11 | 1.3% |
| San Bernardino County | 284 | 226 | 4 | 1.4% |
| Los Angeles County | 155 | 106 | 2 | 1.3% |
| Orange County | 150 | 116 | 0 | 0.0% |
| Monterey County | 132 | 99 | 4 | 3.0% |
| San Diego County | 125 | 105 | 3 | 2.4% |
| Lake County | 98 | 82 | 0 | 0.0% |
| Stanislaus County | 50 | 47 | 0 | 0.0% |
| Kern County | 26 | 18 | 2 | 7.7% |
| San Luis Obispo County | 23 | 19 | 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: 2,078 applications in 2025, of which 1,608 were originated and 31 denied.
1.5% of all applications, or 1.8% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Franklin Loan originated in California in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Franklin Loan'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