Meriwest in California vs the state
26.3%Denial rate+8.85 pts vs state
27.7%Decision denial rate+5.32 pts vs state
68.4%Origination rate+12.16 pts vs state
6.39%Median rate-0.24 pts vs state
-0.79Rate spread (pts)-1.06 pts vs state
$181kMedian applicant income
497Loans originated
191Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 387 | 231 | 37.5% | 8.00% | #256 |
| 2024 | 441 | 268 | 34.9% | 7.73% | #262 |
| 2025 | 727 | 497 | 26.3% | 6.39% | #202 |
What Meriwest lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Meriwest applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Santa Clara County | 428 | 285 | 120 | 28.0% |
| Alameda County | 54 | 39 | 14 | 25.9% |
| San Francisco County | 31 | 23 | 3 | 9.7% |
| San Mateo County | 30 | 24 | 5 | 16.7% |
| San Joaquin County | 30 | 19 | 10 | 33.3% |
| Contra Costa County | 30 | 17 | 9 | 30.0% |
| Los Angeles County | 21 | 17 | 3 | 14.3% |
| Merced County | 12 | 8 | 4 | 33.3% |
| Santa Cruz County | 12 | 8 | 4 | 33.3% |
| Sacramento County | 10 | 6 | 3 | 30.0% |
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: 727 applications in 2025, of which 497 were originated and 191 denied.
26.3% of all applications, or 27.7% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Meriwest originated in California in 2025 was 6.39%, against a statewide median of 6.63%.
About this data. Figures are Meriwest'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