Mortgage Research Center · California · 2025

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

Mortgage Research Center took 6,494 mortgage applications in California in 2025, ranking #33 of 1,147 lenders active in the state. It originated 38.7% of them and denied 21.0% (34.8% of the applications it decided), against a statewide denial rate of 17.4%.

6.5kApplicationsin CA
34.8%Decision denial ratestate 22.4%
6.13%Median ratestate 6.63%
$485,000Median loanstate $385,000
$1.4BVolume57 counties

Mortgage Research Center in California vs the state

21.0%Denial rate+3.55 pts vs state
34.8%Decision denial rate+12.35 pts vs state
38.7%Origination rate-17.47 pts vs state
6.13%Median rate-0.50 pts vs state
-0.42Rate spread (pts)-0.69 pts vs state
$126kMedian applicant income
2,515Loans originated
1,362Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,9801,53221.2%6.63%#43
20244,8122,03818.2%6.25%#39
20256,4942,51521.0%6.13%#33

What Mortgage Research Center lends in California

By loan purpose

Home purchase 3,121 48% · 6.7% denied
Refinance 1,601 25% · 32.9% denied
Cash-out refinance 1,772 27% · 35.4% denied

By loan type

Conventional 609 9% · 26.6% denied
FHA 102 2% · 20.6% denied
VA 5,779 89% · 20.4% denied
USDA / RHS 4 0% · 0.0% denied

Why it denied California applicants

Credit history 654 48%
Other 343 25%
Incomplete application 206 15%
Debt-to-income ratio 121 9%
Collateral 23 2%
Employment history 9 1%
Insufficient cash 6 0%

Where in California

Counties with the most Mortgage Research Center applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Riverside County 877347182 20.8%
San Diego County 875381138 15.8%
Los Angeles County 603179148 24.5%
San Bernardino County 52121598 18.8%
Sacramento County 34613673 21.1%
Kern County 33614268 20.2%
Fresno County 24910859 23.7%
Solano County 2087943 20.7%
Contra Costa County 1787528 15.7%
San Joaquin County 1715633 19.3%

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: 6,494 applications in 2025, of which 2,515 were originated and 1,362 denied.

21.0% of all applications, or 34.8% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Mortgage Research Center originated in California in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are Mortgage Research Center'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