Megastar Financial · California · 2025

Megastar Financial in California: approval rate, denial rate and rates (2025)

Megastar Financial took 147 mortgage applications in California in 2025, ranking #394 of 1,147 lenders active in the state. It originated 67.4% of them and denied 0.7% (1.0% of the applications it decided), against a statewide denial rate of 17.4%.

147Applicationsin CA
1.0%Decision denial ratestate 22.4%
6.38%Median ratestate 6.63%
$295,000Median loanstate $385,000
$31MVolume13 counties

Megastar Financial in California vs the state

0.7%Denial rate-16.74 pts vs state
1.0%Decision denial rate-21.40 pts vs state
67.4%Origination rate+11.15 pts vs state
6.38%Median rate-0.25 pts vs state
0.37Rate spread (pts)+0.10 pts vs state
$98kMedian applicant income
99Loans originated
1Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023100740.0%6.63%#441
20241291010.0%6.63%#406
2025147990.7%6.38%#394

What Megastar Financial lends in California

By loan purpose

Home purchase 132 90% · 0.8% denied
Refinance 4 3% · 0.0% denied
Cash-out refinance 11 7% · 0.0% denied

By loan type

Conventional 86 59% · 0.0% denied
FHA 53 36% · 1.9% denied
VA 7 5% · 0.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied California applicants

Collateral 1 100%

Where in California

Counties with the most Megastar Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Shasta County 79521 1.3%
Riverside County 24150 0.0%
Tehama County 970 0.0%
Siskiyou County 870 0.0%
Orange County 730 0.0%
Los Angeles County 530 0.0%
San Bernardino County 550 0.0%
Trinity County 220 0.0%
Glenn County 220 0.0%
San Diego County 220 0.0%

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%
Loandepot.ComD 16,64518.7%6.63%

Frequently asked questions

California: 147 applications in 2025, of which 99 were originated and 1 denied.

0.7% of all applications, or 1.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Megastar Financial originated in California in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Megastar Financial'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