Primary Residential Mortgage in California vs the state
6.8%Denial rate-10.61 pts vs state
9.5%Decision denial rate-12.92 pts vs state
65.1%Origination rate+8.85 pts vs state
6.63%Median rate0.00 pts vs state
0.44Rate spread (pts)+0.17 pts vs state
$131kMedian applicant income
363Loans originated
38Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 801 | 505 | 5.9% | 6.63% | #156 |
| 2024 | 827 | 513 | 6.9% | 6.63% | #180 |
| 2025 | 558 | 363 | 6.8% | 6.63% | #246 |
What Primary Residential Mortgage lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Primary Residential Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Joaquin County | 76 | 51 | 4 | 5.3% |
| Tulare County | 38 | 23 | 3 | 7.9% |
| Solano County | 37 | 28 | 2 | 5.4% |
| Calaveras County | 36 | 29 | 1 | 2.8% |
| Sonoma County | 29 | 21 | 1 | 3.4% |
| Stanislaus County | 29 | 22 | 1 | 3.4% |
| San Francisco County | 26 | 19 | 0 | 0.0% |
| Alameda County | 25 | 11 | 5 | 20.0% |
| Los Angeles County | 25 | 14 | 1 | 4.0% |
| Madera County | 21 | 16 | 2 | 9.5% |
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: 558 applications in 2025, of which 363 were originated and 38 denied.
6.8% of all applications, or 9.5% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Primary Residential Mortgage originated in California in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Primary Residential Mortgage'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