Great Lakes Credit Union · California · 2025

Great Lakes Credit Union in California: approval rate, denial rate and rates (2025)

Great Lakes Credit Union took 21 mortgage applications in California in 2025, ranking #635 of 1,147 lenders active in the state. It originated 57.1% of them and denied 28.6% (33.3% of the applications it decided), against a statewide denial rate of 17.4%.

21Applicationsin CA
33.3%Decision denial ratestate 22.4%
8.50%Median ratestate 6.63%
$145,000Median loanstate $385,000
$1.6MVolume12 counties

Great Lakes Credit Union in California vs the state

28.6%Denial rate+11.15 pts vs state
33.3%Decision denial rate+10.93 pts vs state
57.1%Origination rate+0.94 pts vs state
8.50%Median rate+1.88 pts vs state
1.24Rate spread (pts)+0.97 pts vs state
$182kMedian applicant income
12Loans originated
6Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231539722.9%9.00%#368
202417835.3%9.50%#652
2025211228.6%8.50%#635

What Great Lakes Credit Union lends in California

By loan purpose

Home purchase 1 5% · 100.0% denied
Refinance 4 19% · 75.0% denied
Home improvement 12 57% · 0.0% denied
Other / HELOC 4 19% · 50.0% denied

By loan type

Conventional 21 100% · 28.6% denied

Why it denied California applicants

Credit history 3 50%
Debt-to-income ratio 1 17%
Collateral 1 17%
Other 1 17%

Where in California

Counties with the most Great Lakes Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 532 40.0%
Placer County 320 0.0%
San Bernardino County 321 33.3%
San Diego County 210 0.0%
Sacramento County 101 100.0%
Nevada County 110 0.0%
El Dorado County 110 0.0%
Ventura County 110 0.0%
Colusa County 101 100.0%
Orange County 100 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: 21 applications in 2025, of which 12 were originated and 6 denied.

28.6% of all applications, or 33.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Great Lakes Credit Union originated in California in 2025 was 8.50%, against a statewide median of 6.63%.

About this data. Figures are Great Lakes Credit Union'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