Oaktree Funding in California vs the state
4.6%Denial rate-12.85 pts vs state
5.0%Decision denial rate-17.40 pts vs state
43.3%Origination rate-12.90 pts vs state
7.88%Median rate+1.25 pts vs state
1.38Rate spread (pts)+1.10 pts vs state
$301kMedian applicant income
417Loans originated
44Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 515 | 147 | 8.9% | 8.75% | #222 |
| 2024 | 758 | 284 | 3.6% | 8.00% | #193 |
| 2025 | 963 | 417 | 4.6% | 7.88% | #177 |
What Oaktree Funding lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Oaktree Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 285 | 126 | 20 | 7.0% |
| San Diego County | 106 | 45 | 4 | 3.8% |
| Orange County | 101 | 36 | 3 | 3.0% |
| Riverside County | 89 | 45 | 5 | 5.6% |
| San Bernardino County | 49 | 24 | 1 | 2.0% |
| Santa Clara County | 33 | 9 | 1 | 3.0% |
| San Mateo County | 26 | 15 | 0 | 0.0% |
| Sacramento County | 25 | 7 | 0 | 0.0% |
| Contra Costa County | 25 | 10 | 2 | 8.0% |
| Alameda County | 23 | 12 | 1 | 4.3% |
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: 963 applications in 2025, of which 417 were originated and 44 denied.
4.6% of all applications, or 5.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Oaktree Funding originated in California in 2025 was 7.88%, against a statewide median of 6.63%.
About this data. Figures are Oaktree 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