National Cooperative Bank · California · 2025

National Cooperative Bank in California: approval rate, denial rate and rates (2025)

National Cooperative Bank took 168 mortgage applications in California in 2025, ranking #386 of 1,147 lenders active in the state. It originated 74.4% of them and denied 6.6% (8.0% of the applications it decided), against a statewide denial rate of 17.4%.

168Applicationsin CA
8.0%Decision denial ratestate 22.4%
6.50%Median ratestate 6.63%
$535,000Median loanstate $385,000
$74MVolume6 counties

National Cooperative Bank in California vs the state

6.6%Denial rate-10.87 pts vs state
8.0%Decision denial rate-14.43 pts vs state
74.4%Origination rate+18.20 pts vs state
6.50%Median rate-0.13 pts vs state
0.16Rate spread (pts)-0.11 pts vs state
$202kMedian applicant income
125Loans originated
11Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231371054.4%6.38%#380
20241671296.0%6.63%#368
20251681256.6%6.50%#386

What National Cooperative Bank lends in California

By loan purpose

Home purchase 137 82% · 2.2% denied
Refinance 18 11% · 11.1% denied
Cash-out refinance 9 5% · 33.3% denied
Other / HELOC 4 2% · 75.0% denied

By loan type

Conventional 168 100% · 6.6% denied

Why it denied California applicants

Other 5 45%
Incomplete application 3 27%
Debt-to-income ratio 2 18%
Credit history 1 9%

Where in California

Counties with the most National Cooperative Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
San Francisco County 87771 1.1%
Los Angeles County 65387 10.8%
Alameda County 1061 10.0%
Marin County 431 25.0%
Orange County 101 100.0%
Santa Clara County 110 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: 168 applications in 2025, of which 125 were originated and 11 denied.

6.6% of all applications, or 8.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans National Cooperative Bank originated in California in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are National Cooperative 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