Lbs Financial · California · 2025

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

Lbs Financial took 377 mortgage applications in California in 2025, ranking #292 of 1,147 lenders active in the state. It originated 66.8% of them and denied 15.9% (19.2% of the applications it decided), against a statewide denial rate of 17.4%.

377Applicationsin CA
19.2%Decision denial ratestate 22.4%
6.13%Median ratestate 6.63%
$215,000Median loanstate $385,000
$89MVolume15 counties

Lbs Financial in California vs the state

15.9%Denial rate-1.50 pts vs state
19.2%Decision denial rate-3.23 pts vs state
66.8%Origination rate+10.64 pts vs state
6.13%Median rate-0.50 pts vs state
-0.31Rate spread (pts)-0.58 pts vs state
$148kMedian applicant income
252Loans originated
60Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202331419321.7%6.50%#283
202432321919.8%6.63%#296
202537725215.9%6.13%#292

What Lbs Financial lends in California

By loan purpose

Home purchase 110 29% · 4.6% denied
Refinance 29 8% · 17.2% denied
Cash-out refinance 57 15% · 28.1% denied
Home improvement 114 30% · 8.8% denied
Other / HELOC 67 18% · 35.8% denied

By loan type

Conventional 377 100% · 15.9% denied

Why it denied California applicants

Debt-to-income ratio 30 50%
Other 11 18%
Credit history 7 12%
Collateral 6 10%
Incomplete application 3 5%
Unverifiable information 2 3%
Employment history 1 2%

Where in California

Counties with the most Lbs Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 25516943 16.9%
Orange County 68476 8.8%
Riverside County 25193 12.0%
San Bernardino County 1366 46.2%
Ventura County 430 0.0%
Santa Clara County 320 0.0%
San Diego County 110 0.0%
Contra Costa County 110 0.0%
Santa Barbara County 101 100.0%
Sacramento 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: 377 applications in 2025, of which 252 were originated and 60 denied.

15.9% of all applications, or 19.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Lbs Financial originated in California in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are Lbs Financial'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