Luminate Home Loans in California vs the state
3.6%Denial rate-13.85 pts vs state
5.4%Decision denial rate-17.04 pts vs state
61.9%Origination rate+5.70 pts vs state
6.99%Median rate+0.37 pts vs state
0.38Rate spread (pts)+0.10 pts vs state
$188kMedian applicant income
52Loans originated
3Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 922 | 634 | 1.8% | 6.99% | #142 |
| 2024 | 905 | 646 | 2.3% | 6.88% | #169 |
| 2025 | 84 | 52 | 3.6% | 6.99% | #464 |
What Luminate Home Loans lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Luminate Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Diego County | 18 | 13 | 2 | 11.1% |
| Humboldt County | 13 | 10 | 0 | 0.0% |
| Riverside County | 9 | 6 | 0 | 0.0% |
| Los Angeles County | 8 | 3 | 0 | 0.0% |
| Ventura County | 4 | 1 | 0 | 0.0% |
| San Bernardino County | 4 | 3 | 0 | 0.0% |
| Sacramento County | 4 | 2 | 0 | 0.0% |
| Santa Clara County | 4 | 2 | 0 | 0.0% |
| Yuba County | 3 | 2 | 1 | 33.3% |
| Sutter County | 3 | 1 | 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: 84 applications in 2025, of which 52 were originated and 3 denied.
3.6% of all applications, or 5.4% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Luminate Home Loans originated in California in 2025 was 6.99%, against a statewide median of 6.63%.
About this data. Figures are Luminate Home Loans'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