Fremont Bank · California · 2025

Fremont Bank in California: approval rate, denial rate and rates (2025)

Fremont Bank took 3,447 mortgage applications in California in 2025, ranking #59 of 1,147 lenders active in the state. It originated 56.7% of them and denied 29.5% (33.5% of the applications it decided), against a statewide denial rate of 17.4%.

3.4kApplicationsin CA
33.5%Decision denial ratestate 22.4%
8.25%Median ratestate 6.63%
$255,000Median loanstate $385,000
$766MVolume45 counties

Fremont Bank in California vs the state

29.5%Denial rate+12.03 pts vs state
33.5%Decision denial rate+11.10 pts vs state
56.7%Origination rate+0.49 pts vs state
8.25%Median rate+1.63 pts vs state
0.99Rate spread (pts)+0.72 pts vs state
$203kMedian applicant income
1,954Loans originated
1,015Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,4351,51522.3%9.00%#68
20243,2031,88526.8%9.25%#57
20253,4471,95429.5%8.25%#59

What Fremont Bank lends in California

By loan purpose

Home purchase 355 10% · 12.4% denied
Refinance 1,151 33% · 30.5% denied
Cash-out refinance 211 6% · 26.1% denied
Home improvement 1,072 31% · 24.9% denied
Other / HELOC 658 19% · 45.3% denied

By loan type

Conventional 3,446 100% · 29.5% denied
FHA 1 0% · 0.0% denied

Why it denied California applicants

Debt-to-income ratio 473 47%
Credit history 183 18%
Other 171 17%
Collateral 115 11%
Incomplete application 57 6%
Unverifiable information 9 1%
Insufficient cash 4 0%
Employment history 3 0%

Where in California

Counties with the most Fremont Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Alameda County 1,164705313 26.9%
Contra Costa County 666406182 27.3%
Santa Clara County 449268114 25.4%
San Mateo County 1728854 31.4%
San Joaquin County 1315852 39.7%
San Francisco County 1105537 33.6%
Sacramento County 974529 29.9%
Monterey County 805018 22.5%
Los Angeles County 572527 47.4%
Marin County 552321 38.2%

Other large lenders in California

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 79,26112.6%6.49%
Rocket MortgageC 58,92517.6%6.75%
Bank of AmericaF 40,19030.8%5.99%
U.S. BankD 32,49331.6%6.50%
JPMorgan Chase BankB 22,0489.7%6.13%
Spring EqD 21,60150.8%8.88%
SchoolsfirstA 19,08610.0%6.25%
Pennymac Loan ServicesC 18,75413.5%6.50%
NewrezD 17,00019.3%6.63%
Loandepot.ComD 16,64518.7%6.63%

Frequently asked questions

California: 3,447 applications in 2025, of which 1,954 were originated and 1,015 denied.

29.5% of all applications, or 33.5% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Fremont Bank originated in California in 2025 was 8.25%, against a statewide median of 6.63%.

About this data. Figures are Fremont 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