PFN Lending Group in California vs the state
13.5%Denial rate-3.89 pts vs state
17.7%Decision denial rate-4.70 pts vs state
62.7%Origination rate+6.51 pts vs state
7.13%Median rate+0.50 pts vs state
0.59Rate spread (pts)+0.32 pts vs state
$312kMedian applicant income
343Loans originated
74Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 421 | 223 | 9.3% | 7.25% | #246 |
| 2024 | 626 | 379 | 15.7% | 7.25% | #217 |
| 2025 | 547 | 343 | 13.5% | 7.13% | #251 |
What PFN Lending Group lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most PFN Lending Group applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 284 | 180 | 33 | 11.6% |
| Ventura County | 66 | 43 | 6 | 9.1% |
| Riverside County | 43 | 32 | 3 | 7.0% |
| Orange County | 29 | 18 | 3 | 10.3% |
| San Bernardino County | 17 | 10 | 4 | 23.5% |
| San Diego County | 14 | 7 | 3 | 21.4% |
| Kern County | 10 | 8 | 1 | 10.0% |
| Santa Clara County | 7 | 4 | 0 | 0.0% |
| Marin County | 6 | 4 | 1 | 16.7% |
| Contra Costa County | 6 | 5 | 1 | 16.7% |
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: 547 applications in 2025, of which 343 were originated and 74 denied.
13.5% of all applications, or 17.7% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans PFN Lending Group originated in California in 2025 was 7.13%, against a statewide median of 6.63%.
About this data. Figures are PFN Lending Group'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