Network Capital Funding in California vs the state
13.8%Denial rate-3.66 pts vs state
67.9%Decision denial rate+45.53 pts vs state
5.9%Origination rate-50.34 pts vs state
6.50%Median rate-0.13 pts vs state
0.07Rate spread (pts)-0.20 pts vs state
$100kMedian applicant income
130Loans originated
305Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 4,637 | 196 | 24.1% | 6.63% | #36 |
| 2024 | 3,310 | 257 | 14.8% | 6.50% | #55 |
| 2025 | 2,217 | 130 | 13.8% | 6.50% | #96 |
What Network Capital Funding lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Network Capital Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 461 | 21 | 69 | 15.0% |
| San Diego County | 198 | 9 | 20 | 10.1% |
| Riverside County | 193 | 8 | 32 | 16.6% |
| Orange County | 156 | 12 | 21 | 13.5% |
| San Bernardino County | 155 | 19 | 24 | 15.5% |
| Sacramento County | 103 | 7 | 15 | 14.6% |
| Contra Costa County | 92 | 10 | 12 | 13.0% |
| Alameda County | 83 | 6 | 9 | 10.8% |
| Santa Clara County | 82 | 2 | 9 | 11.0% |
| San Joaquin County | 66 | 7 | 7 | 10.6% |
Other large lenders in California
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 79,261 | 12.6% | 6.49% |
| Rocket Mortgage | C | 58,925 | 17.6% | 6.75% |
| Bank of America | F | 40,190 | 30.8% | 5.99% |
| U.S. Bank | D | 32,493 | 31.6% | 6.50% |
| JPMorgan Chase Bank | B | 22,048 | 9.7% | 6.13% |
| Spring Eq | D | 21,601 | 50.8% | 8.88% |
| Schoolsfirst | A | 19,086 | 10.0% | 6.25% |
| Pennymac Loan Services | C | 18,754 | 13.5% | 6.50% |
| Newrez | D | 17,000 | 19.3% | 6.63% |
| Loandepot.Com | D | 16,645 | 18.7% | 6.63% |
Frequently asked questions
California: 2,217 applications in 2025, of which 130 were originated and 305 denied.
13.8% of all applications, or 67.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Network Capital Funding originated in California in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Network Capital Funding'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