Frontwave in California vs the state
27.7%Denial rate+10.32 pts vs state
32.7%Decision denial rate+10.32 pts vs state
52.5%Origination rate-3.71 pts vs state
7.50%Median rate+0.88 pts vs state
0.53Rate spread (pts)+0.26 pts vs state
$138kMedian applicant income
369Loans originated
195Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 646 | 363 | 18.9% | 8.00% | #189 |
| 2024 | 723 | 413 | 23.0% | 8.25% | #199 |
| 2025 | 703 | 369 | 27.7% | 7.50% | #208 |
What Frontwave lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Frontwave applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Diego County | 329 | 178 | 80 | 24.3% |
| Riverside County | 194 | 107 | 56 | 28.9% |
| San Bernardino County | 143 | 69 | 44 | 30.8% |
| Los Angeles County | 12 | 4 | 6 | 50.0% |
| Orange County | 7 | 4 | 3 | 42.9% |
| Placer County | 3 | 0 | 1 | 33.3% |
| San Joaquin County | 2 | 1 | 1 | 50.0% |
| Imperial County | 2 | 1 | 0 | 0.0% |
| Siskiyou County | 2 | 1 | 1 | 50.0% |
| Alameda County | 2 | 0 | 1 | 50.0% |
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: 703 applications in 2025, of which 369 were originated and 195 denied.
27.7% of all applications, or 32.7% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Frontwave originated in California in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are Frontwave'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