Mission Loans · California · 2025

Mission Loans in California: approval rate, denial rate and rates (2025)

Mission Loans took 2,491 mortgage applications in California in 2025, ranking #82 of 1,147 lenders active in the state. It originated 18.2% of them and denied 2.6% (10.4% of the applications it decided), against a statewide denial rate of 17.4%.

2.5kApplicationsin CA
10.4%Decision denial ratestate 22.4%
7.99%Median ratestate 6.63%
$185,000Median loanstate $385,000
$110MVolume52 counties

Mission Loans in California vs the state

2.6%Denial rate-14.85 pts vs state
10.4%Decision denial rate-12.03 pts vs state
18.2%Origination rate-37.97 pts vs state
7.99%Median rate+1.37 pts vs state
1.68Rate spread (pts)+1.40 pts vs state
$117kMedian applicant income
454Loans originated
64Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,8979683.2%6.63%#83
20242,1473794.4%9.38%#80
20252,4914542.6%7.99%#82

What Mission Loans lends in California

By loan purpose

Home purchase 78 3% · 0.0% denied
Refinance 522 21% · 3.5% denied
Cash-out refinance 777 31% · 1.9% denied
Other / HELOC 1,114 45% · 2.8% denied

By loan type

Conventional 2,110 85% · 2.7% denied
FHA 336 13% · 1.8% denied
VA 45 2% · 2.2% denied

Why it denied California applicants

Debt-to-income ratio 33 52%
Collateral 14 22%
Credit history 11 17%
Unverifiable information 4 6%
Other 1 2%
Mortgage insurance denied 1 2%

Where in California

Counties with the most Mission Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 5106610 2.0%
Riverside County 258477 2.7%
San Bernardino County 206425 2.4%
San Diego County 195418 4.1%
Orange County 164382 1.2%
Sacramento County 93224 4.3%
Contra Costa County 90162 2.2%
Alameda County 84144 4.8%
Kern County 79103 3.8%
San Joaquin County 76145 6.6%

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: 2,491 applications in 2025, of which 454 were originated and 64 denied.

2.6% of all applications, or 10.4% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Mission Loans originated in California in 2025 was 7.99%, against a statewide median of 6.63%.

About this data. Figures are Mission 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