I.l.w.u. in California vs the state
22.0%Denial rate+4.58 pts vs state
27.9%Decision denial rate+5.45 pts vs state
51.0%Origination rate-5.20 pts vs state
7.24%Median rate+0.62 pts vs state
1.38Rate spread (pts)+1.11 pts vs state
$174kMedian applicant income
51Loans originated
22Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 85 | 39 | 16.5% | 7.49% | #464 |
| 2024 | 93 | 49 | 20.4% | 7.49% | #450 |
| 2025 | 100 | 51 | 22.0% | 7.24% | #440 |
What I.l.w.u. lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most I.l.w.u. applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 66 | 31 | 14 | 21.2% |
| Orange County | 7 | 4 | 1 | 14.3% |
| San Bernardino County | 5 | 3 | 1 | 20.0% |
| Riverside County | 5 | 5 | 0 | 0.0% |
| Contra Costa County | 4 | 1 | 3 | 75.0% |
| Alameda County | 4 | 1 | 2 | 50.0% |
| San Joaquin County | 2 | 2 | 0 | 0.0% |
| Sacramento County | 2 | 2 | 0 | 0.0% |
| San Francisco County | 1 | 1 | 0 | 0.0% |
| Solano County | 1 | 0 | 1 | 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: 100 applications in 2025, of which 51 were originated and 22 denied.
22.0% of all applications, or 27.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans I.l.w.u. originated in California in 2025 was 7.24%, against a statewide median of 6.63%.
About this data. Figures are I.l.w.u.'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