Mission · California · 2025

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

Mission took 3,124 mortgage applications in California in 2025, ranking #64 of 1,147 lenders active in the state. It originated 62.4% of them and denied 13.8% (17.1% of the applications it decided), against a statewide denial rate of 17.4%.

3.1kApplicationsin CA
17.1%Decision denial ratestate 22.4%
6.99%Median ratestate 6.63%
$205,000Median loanstate $385,000
$850MVolume8 counties

Mission in California vs the state

13.8%Denial rate-3.59 pts vs state
17.1%Decision denial rate-5.31 pts vs state
62.4%Origination rate+6.22 pts vs state
6.99%Median rate+0.37 pts vs state
-0.25Rate spread (pts)-0.52 pts vs state
$167kMedian applicant income
1,950Loans originated
432Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,0961,26918.3%7.99%#74
20242,6581,61116.1%7.99%#66
20253,1241,95013.8%6.99%#64

What Mission lends in California

By loan purpose

Home purchase 648 21% · 2.0% denied
Refinance 250 8% · 4.0% denied
Cash-out refinance 144 5% · 16.0% denied
Home improvement 1,610 52% · 15.2% denied
Other / HELOC 472 15% · 30.1% denied

By loan type

Conventional 3,124 100% · 13.8% denied

Why it denied California applicants

Debt-to-income ratio 194 45%
Credit history 129 30%
Other 81 19%
Collateral 15 3%
Unverifiable information 8 2%
Employment history 5 1%

Where in California

Counties with the most Mission applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
San Diego County 3,0991,940429 13.8%
Riverside County 1562 13.3%
Los Angeles County 320 0.0%
Orange County 211 50.0%
San Bernardino County 210 0.0%
Imperial County 100 0.0%
Solano County 100 0.0%
Kern County 100 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: 3,124 applications in 2025, of which 1,950 were originated and 432 denied.

13.8% of all applications, or 17.1% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Mission originated in California in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are Mission'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