Heritage Bank in California vs the state
14.3%Denial rate-3.13 pts vs state
25.0%Decision denial rate+2.60 pts vs state
42.9%Origination rate-13.34 pts vs state
—Median rate
—Rate spread (pts)
$287kMedian applicant income
3Loans originated
1Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 19 | 14 | 5.3% | 5.88% | #653 |
| 2024 | 6 | 2 | 66.7% | — | #771 |
| 2025 | 7 | 3 | 14.3% | — | #772 |
What Heritage Bank lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Heritage Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sacramento County | 2 | 1 | 0 | 0.0% |
| San Diego County | 1 | 0 | 0 | 0.0% |
| San Mateo County | 1 | 0 | 0 | 0.0% |
| Ventura County | 1 | 0 | 1 | 100.0% |
| San Bernardino County | 1 | 1 | 0 | 0.0% |
| Santa Barbara County | 1 | 1 | 0 | 0.0% |
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: 7 applications in 2025, of which 3 were originated and 1 denied.
14.3% of all applications, or 25.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Heritage Bank'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