OCMBC · California · 2025

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

OCMBC took 12,176 mortgage applications in California in 2025, ranking #18 of 1,147 lenders active in the state. It originated 60.2% of them and denied 6.1% (7.4% of the applications it decided), against a statewide denial rate of 17.4%.

12kApplicationsin CA
7.4%Decision denial ratestate 22.4%
6.75%Median ratestate 6.63%
$485,000Median loanstate $385,000
$3.8BVolume55 counties

OCMBC in California vs the state

6.1%Denial rate-11.30 pts vs state
7.4%Decision denial rate-15.02 pts vs state
60.2%Origination rate+3.98 pts vs state
6.75%Median rate+0.13 pts vs state
0.57Rate spread (pts)+0.29 pts vs state
$156kMedian applicant income
7,327Loans originated
745Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236,6943,78612.3%7.25%#26
20249,8205,8278.9%7.00%#20
202512,1767,3276.1%6.75%#18

What OCMBC lends in California

By loan purpose

Home purchase 6,674 55% · 5.1% denied
Refinance 1,753 14% · 6.1% denied
Cash-out refinance 3,748 31% · 8.0% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 8,803 72% · 6.9% denied
FHA 3,127 26% · 3.7% denied
VA 237 2% · 6.3% denied
USDA / RHS 9 0% · 22.2% denied

Why it denied California applicants

Incomplete application 264 35%
Debt-to-income ratio 148 20%
Other 96 13%
Collateral 89 12%
Credit history 58 8%
Unverifiable information 53 7%
Employment history 27 4%
Insufficient cash 10 1%

Where in California

Counties with the most OCMBC applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 4,3202,632188 4.4%
San Bernardino County 1,8881,19272 3.8%
Riverside County 1,7851,10991 5.1%
Orange County 59634341 6.9%
San Diego County 54229653 9.8%
Kern County 53432126 4.9%
Ventura County 26515717 6.4%
Sacramento County 24214522 9.1%
Contra Costa County 18610523 12.4%
Fresno County 18311817 9.3%

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: 12,176 applications in 2025, of which 7,327 were originated and 745 denied.

6.1% of all applications, or 7.4% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans OCMBC originated in California in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are OCMBC'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