HSBC Bank USA · California · 2025

HSBC Bank USA in California: approval rate, denial rate and rates (2025)

HSBC Bank USA took 2,095 mortgage applications in California in 2025, ranking #103 of 1,147 lenders active in the state. It originated 72.8% of them and denied 3.9% (5.1% of the applications it decided), against a statewide denial rate of 17.4%.

2.1kApplicationsin CA
5.1%Decision denial ratestate 22.4%
5.86%Median ratestate 6.63%
$1,105,000Median loanstate $385,000
$2.2BVolume29 counties

HSBC Bank USA in California vs the state

3.9%Denial rate-13.51 pts vs state
5.1%Decision denial rate-17.34 pts vs state
72.8%Origination rate+16.64 pts vs state
5.86%Median rate-0.76 pts vs state
-0.06Rate spread (pts)-0.33 pts vs state
$387kMedian applicant income
1,526Loans originated
82Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,4691,0705.2%6.19%#105
20242,6521,9512.7%6.00%#67
20252,0951,5263.9%5.86%#103

What HSBC Bank USA lends in California

By loan purpose

Home purchase 1,409 67% · 2.0% denied
Refinance 457 22% · 3.1% denied
Cash-out refinance 83 4% · 19.3% denied
Home improvement 79 4% · 20.3% denied
Other / HELOC 67 3% · 11.9% denied

By loan type

Conventional 2,095 100% · 3.9% denied

Why it denied California applicants

Debt-to-income ratio 50 61%
Incomplete application 15 18%
Other 7 9%
Collateral 5 6%
Credit history 2 2%
Unverifiable information 2 2%
Insufficient cash 1 1%

Where in California

Counties with the most HSBC Bank USA applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Santa Clara County 98878614 1.4%
Los Angeles County 25615019 7.4%
Alameda County 2381707 2.9%
San Mateo County 2091633 1.4%
San Francisco County 128914 3.1%
Orange County 985516 16.3%
San Diego County 64473 4.7%
Contra Costa County 34154 11.8%
Marin County 1181 9.1%
Sacramento County 931 11.1%

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: 2,095 applications in 2025, of which 1,526 were originated and 82 denied.

3.9% of all applications, or 5.1% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans HSBC Bank USA originated in California in 2025 was 5.86%, against a statewide median of 6.63%.

About this data. Figures are HSBC Bank USA'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