Nations Direct Mortgage · California · 2025

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

Nations Direct Mortgage took 1,355 mortgage applications in California in 2025, ranking #139 of 1,147 lenders active in the state. It originated 62.0% of them and denied 7.3% (10.5% of the applications it decided), against a statewide denial rate of 17.4%.

1.4kApplicationsin CA
10.5%Decision denial ratestate 22.4%
6.63%Median ratestate 6.63%
$455,000Median loanstate $385,000
$433MVolume52 counties

Nations Direct Mortgage in California vs the state

7.3%Denial rate-10.11 pts vs state
10.5%Decision denial rate-11.86 pts vs state
62.0%Origination rate+5.79 pts vs state
6.63%Median rate0.00 pts vs state
0.39Rate spread (pts)+0.12 pts vs state
$170kMedian applicant income
840Loans originated
99Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,48179911.4%6.88%#103
20241,6259809.4%6.99%#107
20251,3558407.3%6.63%#139

What Nations Direct Mortgage lends in California

By loan purpose

Home purchase 627 46% · 6.9% denied
Refinance 180 13% · 1.7% denied
Cash-out refinance 547 40% · 9.7% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 923 68% · 7.4% denied
FHA 336 25% · 7.4% denied
VA 96 7% · 6.3% denied

Why it denied California applicants

Debt-to-income ratio 28 28%
Credit history 20 20%
Other 18 18%
Collateral 14 14%
Insufficient cash 8 8%
Unverifiable information 5 5%
Employment history 4 4%
Incomplete application 1 1%
Mortgage insurance denied 1 1%

Where in California

Counties with the most Nations Direct Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 40623427 6.7%
Riverside County 1519913 8.6%
San Bernardino County 125834 3.2%
Orange County 112779 8.0%
San Diego County 87579 10.3%
Sacramento County 64409 14.1%
Ventura County 55353 5.5%
Kern County 53293 5.7%
San Joaquin County 41243 7.3%
Fresno County 25161 4.0%

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: 1,355 applications in 2025, of which 840 were originated and 99 denied.

7.3% of all applications, or 10.5% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

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

About this data. Figures are Nations Direct 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