Luxury Mortgage in California vs the state
10.2%Denial rate-7.21 pts vs state
14.7%Decision denial rate-7.68 pts vs state
58.2%Origination rate+1.99 pts vs state
7.13%Median rate+0.50 pts vs state
0.65Rate spread (pts)+0.38 pts vs state
$388kMedian applicant income
302Loans originated
53Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 143 | 90 | 11.2% | 7.88% | #376 |
| 2024 | 396 | 251 | 9.1% | 7.38% | #271 |
| 2025 | 519 | 302 | 10.2% | 7.13% | #258 |
What Luxury Mortgage lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Luxury Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 204 | 121 | 20 | 9.8% |
| San Diego County | 69 | 39 | 1 | 1.4% |
| Orange County | 39 | 25 | 4 | 10.3% |
| Riverside County | 29 | 21 | 1 | 3.4% |
| Fresno County | 18 | 9 | 2 | 11.1% |
| San Francisco County | 13 | 4 | 1 | 7.7% |
| Marin County | 13 | 8 | 2 | 15.4% |
| Sacramento County | 13 | 8 | 1 | 7.7% |
| San Bernardino County | 12 | 8 | 2 | 16.7% |
| Alameda County | 12 | 3 | 5 | 41.7% |
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: 519 applications in 2025, of which 302 were originated and 53 denied.
10.2% of all applications, or 14.7% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Luxury Mortgage originated in California in 2025 was 7.13%, against a statewide median of 6.63%.
About this data. Figures are Luxury Mortgage'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