Loandepot.Com · California · 2025

Loandepot.Com in California: approval rate, denial rate and rates (2025)

Loandepot.Com took 16,645 mortgage applications in California in 2025, ranking #10 of 1,147 lenders active in the state. It originated 60.0% of them and denied 18.7% (23.4% of the applications it decided), against a statewide denial rate of 17.4%.

17kApplicationsin CA
23.4%Decision denial ratestate 22.4%
6.63%Median ratestate 6.63%
$305,000Median loanstate $385,000
$4.1BVolume58 counties

Loandepot.Com in California vs the state

18.7%Denial rate+1.29 pts vs state
23.4%Decision denial rate+1.00 pts vs state
60.0%Origination rate+3.78 pts vs state
6.63%Median rate0.00 pts vs state
0.33Rate spread (pts)+0.05 pts vs state
$140kMedian applicant income
9,983Loans originated
3,115Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202311,3697,42315.2%6.25%#11
202416,6189,45719.7%6.63%#9
202516,6459,98318.7%6.63%#10

What Loandepot.Com lends in California

By loan purpose

Home purchase 5,682 34% · 8.0% denied
Refinance 1,827 11% · 15.5% denied
Cash-out refinance 3,597 22% · 25.8% denied
Home improvement 636 4% · 27.2% denied
Other / HELOC 4,903 29% · 26.0% denied

By loan type

Conventional 12,970 78% · 18.2% denied
FHA 2,677 16% · 22.9% denied
VA 997 6% · 14.2% denied
USDA / RHS 1 0% · 100.0% denied

Why it denied California applicants

Debt-to-income ratio 1,119 36%
Collateral 685 22%
Unverifiable information 529 17%
Credit history 301 10%
Incomplete application 263 8%
Other 137 4%
Insufficient cash 69 2%
Employment history 12 0%

Where in California

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 2,4171,381517 21.4%
Riverside County 2,0861,342349 16.7%
San Bernardino County 1,326866249 18.8%
San Diego County 1,219731259 21.2%
Sacramento County 1,071688118 11.0%
Orange County 914545174 19.0%
San Joaquin County 821544123 15.0%
Contra Costa County 687427116 16.9%
Kern County 631310166 26.3%
Solano County 48831467 13.7%

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%
Coastal Community BankC 15,8302.7%9.99%

Frequently asked questions

California: 16,645 applications in 2025, of which 9,983 were originated and 3,115 denied.

18.7% of all applications, or 23.4% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

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

About this data. Figures are Loandepot.Com'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