Popa Federal Credit Union · California · 2025

Popa Federal Credit Union in California: approval rate, denial rate and rates (2025)

Popa Federal Credit Union took 186 mortgage applications in California in 2025, ranking #373 of 1,147 lenders active in the state. It originated 62.9% of them and denied 24.7% (26.6% of the applications it decided), against a statewide denial rate of 17.4%.

186Applicationsin CA
26.6%Decision denial ratestate 22.4%
7.50%Median ratestate 6.63%
$105,000Median loanstate $385,000
$18MVolume6 counties

Popa Federal Credit Union in California vs the state

24.7%Denial rate+7.31 pts vs state
26.6%Decision denial rate+4.19 pts vs state
62.9%Origination rate+6.70 pts vs state
7.50%Median rate+0.88 pts vs state
-0.51Rate spread (pts)-0.78 pts vs state
$162kMedian applicant income
117Loans originated
46Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325115523.9%8.75%#314
202419414316.5%9.50%#354
202518611724.7%7.50%#373

What Popa Federal Credit Union lends in California

By loan purpose

Home purchase 1 1% · 0.0% denied
Refinance 3 2% · 33.3% denied
Cash-out refinance 10 5% · 20.0% denied
Home improvement 146 78% · 24.7% denied
Other / HELOC 26 14% · 26.9% denied

By loan type

Conventional 186 100% · 24.7% denied

Why it denied California applicants

Debt-to-income ratio 18 39%
Other 11 24%
Credit history 8 17%
Collateral 5 11%
Incomplete application 4 9%

Where in California

Counties with the most Popa Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 1106433 30.0%
San Bernardino County 33228 24.2%
Riverside County 24184 16.7%
Orange County 15101 6.7%
Ventura County 320 0.0%
Kern County 110 0.0%

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: 186 applications in 2025, of which 117 were originated and 46 denied.

24.7% of all applications, or 26.6% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Popa Federal Credit Union originated in California in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Popa Federal Credit Union'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