NexBank in California vs the state
12.6%Denial rate-4.80 pts vs state
15.0%Decision denial rate-7.45 pts vs state
69.8%Origination rate+13.64 pts vs state
6.38%Median rate-0.25 pts vs state
0.14Rate spread (pts)-0.13 pts vs state
$310kMedian applicant income
1,262Loans originated
228Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 655 | 435 | 10.2% | 7.00% | #185 |
| 2024 | 972 | 675 | 13.1% | 6.88% | #161 |
| 2025 | 1,807 | 1,262 | 12.6% | 6.38% | #113 |
What NexBank lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most NexBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 410 | 271 | 56 | 13.7% |
| Orange County | 221 | 146 | 26 | 11.8% |
| San Diego County | 220 | 146 | 36 | 16.4% |
| Riverside County | 113 | 76 | 20 | 17.7% |
| Alameda County | 113 | 82 | 20 | 17.7% |
| Santa Clara County | 105 | 79 | 8 | 7.6% |
| Contra Costa County | 87 | 66 | 11 | 12.6% |
| San Bernardino County | 85 | 57 | 12 | 14.1% |
| Sacramento County | 53 | 45 | 2 | 3.8% |
| San Mateo County | 49 | 40 | 1 | 2.0% |
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: 1,807 applications in 2025, of which 1,262 were originated and 228 denied.
12.6% of all applications, or 15.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans NexBank originated in California in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are NexBank'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