Guaranteed Rate · California · 2025

Guaranteed Rate in California: approval rate, denial rate and rates (2025)

Guaranteed Rate took 12,235 mortgage applications in California in 2025, ranking #17 of 1,147 lenders active in the state. It originated 51.1% of them and denied 5.4% (9.2% of the applications it decided), against a statewide denial rate of 17.4%.

12kApplicationsin CA
9.2%Decision denial ratestate 22.4%
6.53%Median ratestate 6.63%
$525,000Median loanstate $385,000
$4.0BVolume54 counties

Guaranteed Rate in California vs the state

5.4%Denial rate-12.03 pts vs state
9.2%Decision denial rate-13.24 pts vs state
51.1%Origination rate-5.13 pts vs state
6.53%Median rate-0.10 pts vs state
0.17Rate spread (pts)-0.10 pts vs state
$181kMedian applicant income
6,248Loans originated
659Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237,9413,5073.0%6.58%#20
20249,1225,3927.4%6.63%#24
202512,2356,2485.4%6.53%#17

What Guaranteed Rate lends in California

By loan purpose

Home purchase 6,309 52% · 2.2% denied
Refinance 2,497 20% · 2.5% denied
Cash-out refinance 2,114 17% · 6.3% denied
Home improvement 531 4% · 25.4% denied
Other / HELOC 784 6% · 23.9% denied

By loan type

Conventional 10,200 83% · 5.6% denied
FHA 1,388 11% · 5.4% denied
VA 636 5% · 2.4% denied
USDA / RHS 11 0% · 0.0% denied

Why it denied California applicants

Debt-to-income ratio 227 34%
Incomplete application 139 21%
Collateral 82 12%
Credit history 76 12%
Other 69 10%
Unverifiable information 40 6%
Insufficient cash 19 3%
Employment history 7 1%

Where in California

Counties with the most Guaranteed Rate applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 1,947883132 6.8%
San Diego County 1,04753351 4.9%
Riverside County 93946363 6.7%
San Bernardino County 79240244 5.6%
Orange County 74135944 5.9%
San Luis Obispo County 67143512 1.8%
Alameda County 51823219 3.7%
Contra Costa County 47324216 3.4%
Santa Clara County 44120626 5.9%
Santa Barbara County 42225020 4.7%

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: 12,235 applications in 2025, of which 6,248 were originated and 659 denied.

5.4% of all applications, or 9.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Guaranteed Rate originated in California in 2025 was 6.53%, against a statewide median of 6.63%.

About this data. Figures are Guaranteed Rate'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