General Mortgage Capital · California · 2025

General Mortgage Capital in California: approval rate, denial rate and rates (2025)

General Mortgage Capital took 2,069 mortgage applications in California in 2025, ranking #105 of 1,147 lenders active in the state. It originated 78.4% of them and denied 0.8% (1.0% of the applications it decided), against a statewide denial rate of 17.4%.

2.1kApplicationsin CA
1.0%Decision denial ratestate 22.4%
6.50%Median ratestate 6.63%
$605,000Median loanstate $385,000
$1.1BVolume38 counties

General Mortgage Capital in California vs the state

0.8%Denial rate-16.60 pts vs state
1.0%Decision denial rate-21.37 pts vs state
78.4%Origination rate+22.24 pts vs state
6.50%Median rate-0.13 pts vs state
0.14Rate spread (pts)-0.13 pts vs state
$215kMedian applicant income
1,623Loans originated
17Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,0638261.1%6.75%#128
20241,6921,3241.1%6.88%#101
20252,0691,6230.8%6.50%#105

What General Mortgage Capital lends in California

By loan purpose

Home purchase 1,137 55% · 0.4% denied
Refinance 622 30% · 1.1% denied
Cash-out refinance 310 15% · 1.6% denied

By loan type

Conventional 2,069 100% · 0.8% denied

Why it denied California applicants

Debt-to-income ratio 9 53%
Other 6 35%
Insufficient cash 1 6%
Employment history 1 6%

Where in California

Counties with the most General Mortgage Capital applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 3242615 1.5%
Santa Clara County 2752080 0.0%
Alameda County 2431853 1.2%
Orange County 2131702 0.9%
San Mateo County 1991563 1.5%
San Francisco County 1521301 0.7%
San Bernardino County 1291040 0.0%
Sacramento County 113890 0.0%
Contra Costa County 94691 1.1%
San Diego County 77590 0.0%

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: 2,069 applications in 2025, of which 1,623 were originated and 17 denied.

0.8% of all applications, or 1.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans General Mortgage Capital originated in California in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are General Mortgage Capital'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