Nqm Funding in California vs the state
18.3%Denial rate+0.89 pts vs state
21.2%Decision denial rate-1.24 pts vs state
58.5%Origination rate+2.31 pts vs state
7.37%Median rate+0.75 pts vs state
0.89Rate spread (pts)+0.61 pts vs state
$264kMedian applicant income
361Loans originated
113Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 436 | 273 | 13.5% | 8.25% | #241 |
| 2024 | 529 | 300 | 16.3% | 7.75% | #235 |
| 2025 | 617 | 361 | 18.3% | 7.37% | #230 |
What Nqm Funding lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Nqm Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 167 | 90 | 35 | 21.0% |
| San Diego County | 78 | 56 | 8 | 10.3% |
| Orange County | 66 | 31 | 14 | 21.2% |
| Riverside County | 41 | 27 | 10 | 24.4% |
| San Bernardino County | 41 | 26 | 11 | 26.8% |
| Kern County | 24 | 17 | 2 | 8.3% |
| Contra Costa County | 22 | 14 | 2 | 9.1% |
| Santa Barbara County | 15 | 9 | 2 | 13.3% |
| Ventura County | 15 | 10 | 2 | 13.3% |
| Merced County | 14 | 9 | 2 | 14.3% |
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: 617 applications in 2025, of which 361 were originated and 113 denied.
18.3% of all applications, or 21.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Nqm Funding originated in California in 2025 was 7.37%, against a statewide median of 6.63%.
About this data. Figures are Nqm 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