New Day Financial in California vs the state
29.6%Denial rate+12.17 pts vs state
70.3%Decision denial rate+47.92 pts vs state
11.5%Origination rate-44.74 pts vs state
6.99%Median rate+0.37 pts vs state
0.77Rate spread (pts)+0.50 pts vs state
$87kMedian applicant income
266Loans originated
687Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,783 | 143 | 30.8% | 7.38% | #86 |
| 2024 | 2,153 | 179 | 30.3% | 7.49% | #79 |
| 2025 | 2,322 | 266 | 29.6% | 6.99% | #89 |
What New Day Financial lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most New Day Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Riverside County | 334 | 32 | 102 | 30.5% |
| Los Angeles County | 265 | 20 | 83 | 31.3% |
| San Diego County | 227 | 33 | 77 | 33.9% |
| San Bernardino County | 224 | 35 | 77 | 34.4% |
| Sacramento County | 141 | 20 | 37 | 26.2% |
| Kern County | 100 | 11 | 25 | 25.0% |
| Fresno County | 100 | 19 | 21 | 21.0% |
| Orange County | 77 | 5 | 26 | 33.8% |
| San Joaquin County | 70 | 7 | 21 | 30.0% |
| Solano County | 60 | 5 | 15 | 25.0% |
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: 2,322 applications in 2025, of which 266 were originated and 687 denied.
29.6% of all applications, or 70.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans New Day Financial originated in California in 2025 was 6.99%, against a statewide median of 6.63%.
About this data. Figures are New Day Financial'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