Inova · California · 2025

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

Inova took 17 mortgage applications in California in 2025, ranking #661 of 1,147 lenders active in the state. It originated 35.3% of them and denied 23.5% (30.8% of the applications it decided), against a statewide denial rate of 17.4%.

17Applicationsin CA
30.8%Decision denial ratestate 22.4%
2.99%Median ratestate 6.63%
$105,000Median loanstate $385,000
$930kVolume8 counties

Inova in California vs the state

23.5%Denial rate+6.11 pts vs state
30.8%Decision denial rate+8.37 pts vs state
35.3%Origination rate-20.91 pts vs state
2.99%Median rate-3.64 pts vs state
-0.01Rate spread (pts)-0.28 pts vs state
$144kMedian applicant income
6Loans originated
4Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023271133.3%2.99%#618
2024311135.5%2.99%#590
202517623.5%2.99%#661

What Inova lends in California

By loan purpose

Refinance 2 12% · 50.0% denied
Home improvement 9 53% · 11.1% denied
Other / HELOC 6 35% · 33.3% denied

By loan type

Conventional 17 100% · 23.5% denied

Why it denied California applicants

Debt-to-income ratio 2 50%
Credit history 1 25%
Other 1 25%

Where in California

Counties with the most Inova applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Alameda County 430 0.0%
Los Angeles County 310 0.0%
San Joaquin County 312 66.7%
Contra Costa County 310 0.0%
Sacramento County 100 0.0%
Placer County 100 0.0%
San Diego County 101 100.0%
Solano County 101 100.0%

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: 17 applications in 2025, of which 6 were originated and 4 denied.

23.5% of all applications, or 30.8% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Inova originated in California in 2025 was 2.99%, against a statewide median of 6.63%.

About this data. Figures are Inova'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