Lafayette Federal Credit Union · California · 2025

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

Lafayette Federal Credit Union took 60 mortgage applications in California in 2025, ranking #503 of 1,147 lenders active in the state. It originated 66.7% of them and denied 18.3% (20.8% of the applications it decided), against a statewide denial rate of 17.4%.

60Applicationsin CA
20.8%Decision denial ratestate 22.4%
7.50%Median ratestate 6.63%
$180,000Median loanstate $385,000
$10MVolume17 counties

Lafayette Federal Credit Union in California vs the state

18.3%Denial rate+0.91 pts vs state
20.8%Decision denial rate-1.65 pts vs state
66.7%Origination rate+10.47 pts vs state
7.50%Median rate+0.88 pts vs state
0.37Rate spread (pts)+0.10 pts vs state
$214kMedian applicant income
40Loans originated
11Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023573029.8%8.50%#525
2024855227.1%9.00%#459
2025604018.3%7.50%#503

What Lafayette Federal Credit Union lends in California

By loan purpose

Home purchase 5 8% · 20.0% denied
Refinance 2 3% · 50.0% denied
Cash-out refinance 26 43% · 23.1% denied
Home improvement 4 7% · 0.0% denied
Other / HELOC 23 38% · 13.0% denied

By loan type

Conventional 60 100% · 18.3% denied

Why it denied California applicants

Debt-to-income ratio 8 73%
Credit history 2 18%
Collateral 1 9%

Where in California

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

CountyApplicationsOriginatedDeniedDenial rate
San Diego County 19135 26.3%
Los Angeles County 971 11.1%
Orange County 761 14.3%
Contra Costa County 761 14.3%
Riverside County 420 0.0%
Alameda County 311 33.3%
Marin County 110 0.0%
Shasta County 110 0.0%
San Francisco County 101 100.0%
Stanislaus County 110 0.0%

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: 60 applications in 2025, of which 40 were originated and 11 denied.

18.3% of all applications, or 20.8% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

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

About this data. Figures are Lafayette 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