OceanFirst Bank · California · 2025

OceanFirst Bank in California: approval rate, denial rate and rates (2025)

OceanFirst Bank took 5 mortgage applications in California in 2025, ranking #801 of 1,147 lenders active in the state. It originated 40.0% of them and denied 20.0% (25.0% of the applications it decided), against a statewide denial rate of 17.4%.

5Applicationsin CA
25.0%Decision denial ratestate 22.4%
6.88%Median ratestate 6.63%
$355,000Median loanstate $385,000
$1.0MVolume5 counties

OceanFirst Bank in California vs the state

20.0%Denial rate+2.58 pts vs state
25.0%Decision denial rate+2.60 pts vs state
40.0%Origination rate-16.20 pts vs state
6.88%Median rate+0.25 pts vs state
0.10Rate spread (pts)-0.17 pts vs state
$215kMedian applicant income
2Loans originated
1Denied

What OceanFirst Bank lends in California

By loan purpose

Home purchase 2 40% · 0.0% denied
Home improvement 1 20% · 0.0% denied
Other / HELOC 2 40% · 50.0% denied

By loan type

Conventional 5 100% · 20.0% denied

Why it denied California applicants

Other 1 100%

Where in California

Counties with the most OceanFirst Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 100 0.0%
El Dorado County 110 0.0%
Mono County 100 0.0%
San Diego County 110 0.0%
Stanislaus County 101 100.0%

Other large lenders in California

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 79,26112.6%6.49%
Rocket MortgageC 58,92517.6%6.75%
Bank of AmericaF 40,19030.8%5.99%
U.S. BankD 32,49331.6%6.50%
JPMorgan Chase BankB 22,0489.7%6.13%
Spring EqD 21,60150.8%8.88%
SchoolsfirstA 19,08610.0%6.25%
Pennymac Loan ServicesC 18,75413.5%6.50%
NewrezD 17,00019.3%6.63%
Loandepot.ComD 16,64518.7%6.63%

Frequently asked questions

California: 5 applications in 2025, of which 2 were originated and 1 denied.

20.0% of all applications, or 25.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans OceanFirst Bank originated in California in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are OceanFirst Bank'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