Mass. Institute of Tech. Federal Credit Union in California vs the state
5.6%Denial rate-11.86 pts vs state
6.7%Decision denial rate-15.73 pts vs state
72.2%Origination rate+16.02 pts vs state
6.63%Median rate0.00 pts vs state
0.06Rate spread (pts)-0.22 pts vs state
$290kMedian applicant income
13Loans originated
1Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 19 | 10 | 5.3% | 7.06% | #655 |
| 2024 | 19 | 10 | 15.8% | 7.63% | #641 |
| 2025 | 18 | 13 | 5.6% | 6.63% | #657 |
What Mass. Institute of Tech. Federal Credit Union lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Mass. Institute of Tech. Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 5 | 4 | 0 | 0.0% |
| Alameda County | 2 | 2 | 0 | 0.0% |
| Santa Barbara County | 2 | 1 | 0 | 0.0% |
| San Diego County | 2 | 2 | 0 | 0.0% |
| San Francisco County | 2 | 0 | 0 | 0.0% |
| Nevada County | 1 | 1 | 0 | 0.0% |
| Sonoma County | 1 | 1 | 0 | 0.0% |
| Santa Cruz County | 1 | 1 | 0 | 0.0% |
| Contra Costa County | 1 | 0 | 1 | 100.0% |
| Santa Clara County | 1 | 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: 18 applications in 2025, of which 13 were originated and 1 denied.
5.6% of all applications, or 6.7% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Mass. Institute of Tech. Federal Credit Union originated in California in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Mass. Institute of Tech. Federal Credit Union'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