ML Mortgage in California vs the state
2.3%Denial rate-15.10 pts vs state
3.0%Decision denial rate-19.42 pts vs state
71.3%Origination rate+15.05 pts vs state
6.63%Median rate0.00 pts vs state
0.47Rate spread (pts)+0.20 pts vs state
$135kMedian applicant income
1,259Loans originated
41Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 360 | 290 | 4.7% | 6.63% | #266 |
| 2024 | 896 | 644 | 1.9% | 6.63% | #170 |
| 2025 | 1,767 | 1,259 | 2.3% | 6.63% | #114 |
What ML Mortgage lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most ML Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Bernardino County | 674 | 478 | 12 | 1.8% |
| Riverside County | 438 | 322 | 12 | 2.7% |
| Los Angeles County | 227 | 147 | 5 | 2.2% |
| Ventura County | 79 | 71 | 2 | 2.5% |
| Orange County | 59 | 35 | 0 | 0.0% |
| San Diego County | 59 | 41 | 1 | 1.7% |
| Santa Cruz County | 41 | 28 | 3 | 7.3% |
| Kern County | 34 | 24 | 2 | 5.9% |
| Monterey County | 23 | 17 | 0 | 0.0% |
| San Joaquin County | 14 | 8 | 1 | 7.1% |
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: 1,767 applications in 2025, of which 1,259 were originated and 41 denied.
2.3% of all applications, or 3.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans ML Mortgage originated in California in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are ML Mortgage'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