GTE Federal Credit Union · California · 2025

GTE Federal Credit Union in California: approval rate, denial rate and rates (2025)

GTE Federal Credit Union took 620 mortgage applications in California in 2025, ranking #228 of 1,147 lenders active in the state. It originated 69.4% of them and denied 20.5% (22.3% of the applications it decided), against a statewide denial rate of 17.4%.

620Applicationsin CA
22.3%Decision denial ratestate 22.4%
8.25%Median ratestate 6.63%
$145,000Median loanstate $385,000
$69MVolume47 counties

GTE Federal Credit Union in California vs the state

20.5%Denial rate+3.06 pts vs state
22.3%Decision denial rate-0.12 pts vs state
69.4%Origination rate+13.15 pts vs state
8.25%Median rate+1.63 pts vs state
1.09Rate spread (pts)+0.82 pts vs state
$197kMedian applicant income
430Loans originated
127Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333724119.3%10.75%#278
202472951320.7%9.75%#198
202562043020.5%8.25%#228

What GTE Federal Credit Union lends in California

By loan purpose

Home purchase 88 14% · 11.4% denied
Refinance 70 11% · 15.7% denied
Home improvement 42 7% · 28.6% denied
Other / HELOC 420 68% · 22.4% denied

By loan type

Conventional 620 100% · 20.5% denied

Why it denied California applicants

Debt-to-income ratio 89 70%
Credit history 22 17%
Collateral 10 8%
Other 4 3%
Unverifiable information 1 1%
Employment history 1 1%

Where in California

Counties with the most GTE Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 1288823 18.0%
San Diego County 614313 21.3%
Riverside County 593813 22.0%
Sacramento County 36248 22.2%
Sonoma County 27225 18.5%
Orange County 26176 23.1%
Placer County 25203 12.0%
Ventura County 25174 16.0%
Contra Costa County 20153 15.0%
San Bernardino County 18107 38.9%

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: 620 applications in 2025, of which 430 were originated and 127 denied.

20.5% of all applications, or 22.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans GTE Federal Credit Union originated in California in 2025 was 8.25%, against a statewide median of 6.63%.

About this data. Figures are GTE Federal 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