Freedom Mortgage in California vs the state
8.0%Denial rate-9.45 pts vs state
16.0%Decision denial rate-6.45 pts vs state
35.6%Origination rate-20.59 pts vs state
6.13%Median rate-0.50 pts vs state
0.01Rate spread (pts)-0.26 pts vs state
$132kMedian applicant income
3,918Loans originated
877Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,051 | 1,141 | 14.9% | 6.75% | #56 |
| 2024 | 7,421 | 3,071 | 10.5% | 6.25% | #28 |
| 2025 | 11,002 | 3,918 | 8.0% | 6.13% | #22 |
What Freedom Mortgage lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Freedom Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Riverside County | 1,578 | 566 | 130 | 8.2% |
| Los Angeles County | 1,342 | 436 | 120 | 8.9% |
| San Diego County | 1,084 | 418 | 84 | 7.7% |
| San Bernardino County | 1,020 | 334 | 71 | 7.0% |
| Kern County | 662 | 262 | 51 | 7.7% |
| Sacramento County | 580 | 212 | 34 | 5.9% |
| Fresno County | 474 | 181 | 35 | 7.4% |
| San Joaquin County | 375 | 113 | 33 | 8.8% |
| Orange County | 368 | 117 | 36 | 9.8% |
| Tulare County | 309 | 117 | 23 | 7.4% |
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: 11,002 applications in 2025, of which 3,918 were originated and 877 denied.
8.0% of all applications, or 16.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Freedom Mortgage originated in California in 2025 was 6.13%, against a statewide median of 6.63%.
About this data. Figures are Freedom Mortgage'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