Investor Mortgage Finance in California vs the state
23.8%Denial rate+6.39 pts vs state
32.3%Decision denial rate+9.86 pts vs state
50.0%Origination rate-6.20 pts vs state
7.03%Median rate+0.40 pts vs state
—Rate spread (pts)
—Median applicant income
63Loans originated
30Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 143 | 76 | 14.0% | 7.13% | #388 |
| 2025 | 126 | 63 | 23.8% | 7.03% | #408 |
What Investor Mortgage Finance lends in California
By loan purpose
By loan type
Why it denied California applicants
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: 126 applications in 2025, of which 63 were originated and 30 denied.
23.8% of all applications, or 32.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Investor Mortgage Finance originated in California in 2025 was 7.03%, against a statewide median of 6.63%.
About this data. Figures are Investor Mortgage Finance'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