Navy Federal Credit Union · California · 2025

Navy Federal Credit Union in California: approval rate, denial rate and rates (2025)

Navy Federal Credit Union took 15,476 mortgage applications in California in 2025, ranking #13 of 1,147 lenders active in the state. It originated 41.1% of them and denied 25.7% (38.0% of the applications it decided), against a statewide denial rate of 17.4%.

15kApplicationsin CA
38.0%Decision denial ratestate 22.4%
8.00%Median ratestate 6.63%
$155,000Median loanstate $385,000
$1.7BVolume56 counties

Navy Federal Credit Union in California vs the state

25.7%Denial rate+8.25 pts vs state
38.0%Decision denial rate+15.59 pts vs state
41.1%Origination rate-15.10 pts vs state
8.00%Median rate+1.38 pts vs state
1.28Rate spread (pts)+1.01 pts vs state
$147kMedian applicant income
6,361Loans originated
3,973Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202314,8575,93932.3%8.25%#7
202416,5607,08527.6%8.75%#10
202515,4766,36125.7%8.00%#13

What Navy Federal Credit Union lends in California

By loan purpose

Home purchase 2,481 16% · 9.0% denied
Refinance 860 6% · 16.9% denied
Cash-out refinance 2,160 14% · 22.8% denied
Home improvement 5,004 32% · 28.7% denied
Other / HELOC 4,971 32% · 33.7% denied

By loan type

Conventional 13,778 89% · 27.5% denied
VA 1,698 11% · 11.1% denied

Why it denied California applicants

Debt-to-income ratio 1,838 46%
Other 777 20%
Credit history 670 17%
Collateral 300 8%
Incomplete application 164 4%
Unverifiable information 146 4%
Employment history 55 1%
Insufficient cash 23 1%

Where in California

Counties with the most Navy Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
San Diego County 4,7282,0421,144 24.2%
Riverside County 2,6381,096742 28.1%
Los Angeles County 1,931693567 29.4%
San Bernardino County 1,088433307 28.2%
Orange County 881347231 26.2%
Kern County 429188102 23.8%
Ventura County 40617091 22.4%
Sacramento County 37114980 21.6%
Solano County 26111560 23.0%
Fresno County 2288865 28.5%

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: 15,476 applications in 2025, of which 6,361 were originated and 3,973 denied.

25.7% of all applications, or 38.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Navy Federal Credit Union originated in California in 2025 was 8.00%, against a statewide median of 6.63%.

About this data. Figures are Navy Federal Credit Union'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