HomePromise in California vs the state
58.5%Denial rate+41.07 pts vs state
91.2%Decision denial rate+68.78 pts vs state
5.7%Origination rate-50.54 pts vs state
7.50%Median rate+0.88 pts vs state
0.89Rate spread (pts)+0.62 pts vs state
$84kMedian applicant income
3Loans originated
31Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 76 | 2 | 57.9% | 7.69% | #480 |
| 2024 | 73 | 6 | 50.7% | 7.38% | #483 |
| 2025 | 53 | 3 | 58.5% | 7.50% | #517 |
What HomePromise lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most HomePromise applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Bernardino County | 7 | 0 | 2 | 28.6% |
| Kern County | 6 | 1 | 3 | 50.0% |
| Sacramento County | 6 | 0 | 5 | 83.3% |
| Los Angeles County | 6 | 0 | 5 | 83.3% |
| Shasta County | 5 | 1 | 2 | 40.0% |
| San Diego County | 3 | 0 | 2 | 66.7% |
| Santa Cruz County | 3 | 1 | 0 | 0.0% |
| Fresno County | 3 | 0 | 3 | 100.0% |
| Riverside County | 2 | 0 | 1 | 50.0% |
| Solano County | 2 | 0 | 2 | 100.0% |
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: 53 applications in 2025, of which 3 were originated and 31 denied.
58.5% of all applications, or 91.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans HomePromise originated in California in 2025 was 7.50%, against a statewide median of 6.63%.
About this data. Figures are HomePromise'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