Homexpress Mortgage · California · 2025

Homexpress Mortgage in California: approval rate, denial rate and rates (2025)

Homexpress Mortgage took 2,310 mortgage applications in California in 2025, ranking #90 of 1,147 lenders active in the state. It originated 57.7% of them and denied 40.7% (41.1% of the applications it decided), against a statewide denial rate of 17.4%.

2.3kApplicationsin CA
41.1%Decision denial ratestate 22.4%
7.25%Median ratestate 6.63%
$525,000Median loanstate $385,000
$913MVolume55 counties

Homexpress Mortgage in California vs the state

40.7%Denial rate+23.32 pts vs state
41.1%Decision denial rate+18.69 pts vs state
57.7%Origination rate+1.46 pts vs state
7.25%Median rate+0.63 pts vs state
0.90Rate spread (pts)+0.63 pts vs state
$287kMedian applicant income
1,332Loans originated
941Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,23568142.8%8.38%#118
20241,74397142.1%7.88%#97
20252,3101,33240.7%7.25%#90

What Homexpress Mortgage lends in California

By loan purpose

Home purchase 829 36% · 36.6% denied
Refinance 365 16% · 49.9% denied
Cash-out refinance 1,116 48% · 40.9% denied

By loan type

Conventional 2,234 97% · 40.0% denied
FHA 62 3% · 64.5% denied
VA 14 1% · 50.0% denied

Why it denied California applicants

Credit history 529 56%
Collateral 235 25%
Debt-to-income ratio 77 8%
Insufficient cash 63 7%
Unverifiable information 29 3%
Incomplete application 4 0%
Employment history 3 0%
Other 1 0%

Where in California

Counties with the most Homexpress Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 504290204 40.5%
Riverside County 219108106 48.4%
Orange County 19711380 40.6%
San Diego County 19712766 33.5%
San Bernardino County 1428060 42.3%
Sacramento County 1397762 44.6%
Sonoma County 885533 37.5%
Fresno County 724824 33.3%
Contra Costa County 713832 45.1%
Kern County 562531 55.4%

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: 2,310 applications in 2025, of which 1,332 were originated and 941 denied.

40.7% of all applications, or 41.1% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Homexpress Mortgage originated in California in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Homexpress Mortgage'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