Operating Engineers Local Union #3 in California vs the state
15.5%Denial rate-1.89 pts vs state
23.9%Decision denial rate+1.48 pts vs state
49.5%Origination rate-6.69 pts vs state
8.00%Median rate+1.38 pts vs state
1.87Rate spread (pts)+1.60 pts vs state
$136kMedian applicant income
102Loans originated
32Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 272 | 79 | 26.1% | 6.88% | #303 |
| 2024 | 261 | 83 | 18.8% | 9.00% | #316 |
| 2025 | 206 | 102 | 15.5% | 8.00% | #360 |
What Operating Engineers Local Union #3 lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Operating Engineers Local Union #3 applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Joaquin County | 25 | 15 | 4 | 16.0% |
| Contra Costa County | 17 | 9 | 3 | 17.6% |
| Stanislaus County | 17 | 5 | 2 | 11.8% |
| Solano County | 13 | 8 | 3 | 23.1% |
| Alameda County | 12 | 6 | 0 | 0.0% |
| Fresno County | 12 | 6 | 1 | 8.3% |
| Sacramento County | 11 | 9 | 1 | 9.1% |
| Calaveras County | 8 | 4 | 0 | 0.0% |
| Shasta County | 8 | 4 | 0 | 0.0% |
| Santa Clara County | 6 | 2 | 2 | 33.3% |
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: 206 applications in 2025, of which 102 were originated and 32 denied.
15.5% of all applications, or 23.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Operating Engineers Local Union #3 originated in California in 2025 was 8.00%, against a statewide median of 6.63%.
About this data. Figures are Operating Engineers Local Union #3'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