Morgan Stanley Private Bank · California · 2025

Morgan Stanley Private Bank in California: approval rate, denial rate and rates (2025)

Morgan Stanley Private Bank took 2,649 mortgage applications in California in 2025, ranking #74 of 1,147 lenders active in the state. It originated 73.9% of them and denied 5.2% (6.3% of the applications it decided), against a statewide denial rate of 17.4%.

2.6kApplicationsin CA
6.3%Decision denial ratestate 22.4%
5.80%Median ratestate 6.63%
$1,035,000Median loanstate $385,000
$2.8BVolume40 counties

Morgan Stanley Private Bank in California vs the state

5.2%Denial rate-12.21 pts vs state
6.3%Decision denial rate-16.12 pts vs state
73.9%Origination rate+17.68 pts vs state
5.80%Median rate-0.83 pts vs state
-0.19Rate spread (pts)-0.47 pts vs state
$461kMedian applicant income
1,957Loans originated
138Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,1691,6155.4%5.75%#72
20242,7001,9894.7%5.95%#65
20252,6491,9575.2%5.80%#74

What Morgan Stanley Private Bank lends in California

By loan purpose

Home purchase 1,447 55% · 2.7% denied
Refinance 291 11% · 8.3% denied
Cash-out refinance 158 6% · 13.3% denied
Home improvement 97 4% · 11.3% denied
Other / HELOC 656 25% · 6.6% denied

By loan type

Conventional 2,649 100% · 5.2% denied

Why it denied California applicants

Debt-to-income ratio 103 75%
Collateral 17 12%
Other 9 7%
Unverifiable information 6 4%
Credit history 3 2%

Where in California

Counties with the most Morgan Stanley Private Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 61742741 6.6%
Santa Clara County 2721919 3.3%
Orange County 24717121 8.5%
San Diego County 2381779 3.8%
San Francisco County 1691443 1.8%
San Mateo County 1631197 4.3%
Contra Costa County 114906 5.3%
Alameda County 103823 2.9%
Marin County 102825 4.9%
Riverside County 88643 3.4%

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: 2,649 applications in 2025, of which 1,957 were originated and 138 denied.

5.2% of all applications, or 6.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Morgan Stanley Private Bank originated in California in 2025 was 5.80%, against a statewide median of 6.63%.

About this data. Figures are Morgan Stanley Private Bank'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