Loan Funder in California vs the state
19.5%Denial rate+2.07 pts vs state
39.9%Decision denial rate+17.54 pts vs state
29.3%Origination rate-26.88 pts vs state
10.00%Median rate+3.38 pts vs state
—Rate spread (pts)
—Median applicant income
197Loans originated
131Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 350 | 158 | 5.7% | 10.50% | #271 |
| 2024 | 1,037 | 313 | 20.4% | 10.75% | #151 |
| 2025 | 672 | 197 | 19.5% | 10.00% | #213 |
What Loan Funder lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Loan Funder applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 271 | 76 | 48 | 17.7% |
| Riverside County | 46 | 11 | 10 | 21.7% |
| San Bernardino County | 46 | 7 | 13 | 28.3% |
| San Diego County | 37 | 6 | 10 | 27.0% |
| Alameda County | 31 | 12 | 6 | 19.4% |
| Sacramento County | 27 | 12 | 4 | 14.8% |
| Orange County | 25 | 6 | 4 | 16.0% |
| Fresno County | 20 | 13 | 1 | 5.0% |
| Contra Costa County | 19 | 5 | 6 | 31.6% |
| San Francisco County | 16 | 10 | 2 | 12.5% |
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: 672 applications in 2025, of which 197 were originated and 131 denied.
19.5% of all applications, or 39.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Loan Funder originated in California in 2025 was 10.00%, against a statewide median of 6.63%.
About this data. Figures are Loan Funder'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