Luminate Bank in California vs the state
1.9%Denial rate-15.52 pts vs state
2.8%Decision denial rate-19.62 pts vs state
64.8%Origination rate+8.56 pts vs state
6.49%Median rate-0.13 pts vs state
0.50Rate spread (pts)+0.23 pts vs state
$174kMedian applicant income
68Loans originated
2Denied
What Luminate Bank lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Luminate Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Riverside County | 27 | 21 | 0 | 0.0% |
| San Diego County | 18 | 11 | 0 | 0.0% |
| Los Angeles County | 10 | 5 | 1 | 10.0% |
| Orange County | 10 | 5 | 1 | 10.0% |
| Humboldt County | 7 | 7 | 0 | 0.0% |
| Nevada County | 6 | 6 | 0 | 0.0% |
| Alameda County | 5 | 1 | 0 | 0.0% |
| San Bernardino County | 5 | 1 | 0 | 0.0% |
| Shasta County | 2 | 1 | 0 | 0.0% |
| Fresno County | 2 | 2 | 0 | 0.0% |
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: 105 applications in 2025, of which 68 were originated and 2 denied.
1.9% of all applications, or 2.8% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Luminate Bank originated in California in 2025 was 6.49%, against a statewide median of 6.63%.
About this data. Figures are Luminate Bank'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