HONDA Federal Credit Union · California · 2025

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

HONDA Federal Credit Union took 43 mortgage applications in California in 2025, ranking #543 of 1,147 lenders active in the state. It originated 48.8% of them and denied 32.6% (40.0% of the applications it decided), against a statewide denial rate of 17.4%.

43Applicationsin CA
40.0%Decision denial ratestate 22.4%
7.50%Median ratestate 6.63%
$155,000Median loanstate $385,000
$3.1MVolume4 counties

HONDA Federal Credit Union in California vs the state

32.6%Denial rate+15.14 pts vs state
40.0%Decision denial rate+17.60 pts vs state
48.8%Origination rate-7.36 pts vs state
7.50%Median rate+0.88 pts vs state
7.03Rate spread (pts)+6.75 pts vs state
$132kMedian applicant income
21Loans originated
14Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023734916.4%7.25%#489
2024583719.0%8.00%#509
2025432132.6%7.50%#543

What HONDA Federal Credit Union lends in California

By loan purpose

Home purchase 3 7% · 0.0% denied
Refinance 11 26% · 81.8% denied
Cash-out refinance 26 60% · 19.2% denied
Home improvement 2 5% · 0.0% denied
Other / HELOC 1 2% · 0.0% denied

By loan type

Conventional 43 100% · 32.6% denied

Why it denied California applicants

Debt-to-income ratio 10 71%
Other 2 14%
Credit history 1 7%
Collateral 1 7%

Where in California

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

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 241110 41.7%
Orange County 722 28.6%
Riverside County 641 16.7%
San Bernardino County 641 16.7%

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: 43 applications in 2025, of which 21 were originated and 14 denied.

32.6% of all applications, or 40.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans HONDA Federal Credit Union originated in California in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are HONDA 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