Mld Mortgage · California · 2025

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

Mld Mortgage took 1,073 mortgage applications in California in 2025, ranking #164 of 1,147 lenders active in the state. It originated 75.0% of them and denied 2.1% (2.4% of the applications it decided), against a statewide denial rate of 17.4%.

1.1kApplicationsin CA
2.4%Decision denial ratestate 22.4%
6.38%Median ratestate 6.63%
$465,000Median loanstate $385,000
$393MVolume37 counties

Mld Mortgage in California vs the state

2.1%Denial rate-15.37 pts vs state
2.4%Decision denial rate-20.01 pts vs state
75.0%Origination rate+18.82 pts vs state
6.38%Median rate-0.25 pts vs state
0.12Rate spread (pts)-0.15 pts vs state
$144kMedian applicant income
805Loans originated
22Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236714914.5%6.50%#179
20248556632.9%6.50%#177
20251,0738052.1%6.38%#164

What Mld Mortgage lends in California

By loan purpose

Home purchase 810 75% · 1.2% denied
Refinance 136 13% · 1.5% denied
Cash-out refinance 127 12% · 7.9% denied

By loan type

Conventional 764 71% · 2.2% denied
FHA 269 25% · 1.5% denied
VA 40 4% · 2.5% denied

Why it denied California applicants

Debt-to-income ratio 10 45%
Other 4 18%
Collateral 3 14%
Unverifiable information 2 9%
Insufficient cash 1 5%
Credit history 1 5%
Employment history 1 5%

Where in California

Counties with the most Mld Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Ventura County 1981465 2.5%
Los Angeles County 1951484 2.1%
Contra Costa County 1511173 2.0%
Kern County 1401034 2.9%
Tulare County 82691 1.2%
Alameda County 56410 0.0%
Solano County 50410 0.0%
San Bernardino County 32241 3.1%
Sacramento County 26191 3.8%
Riverside County 24170 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: 1,073 applications in 2025, of which 805 were originated and 22 denied.

2.1% of all applications, or 2.4% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

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

About this data. Figures are Mld 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