Prosperity Home Mortgage · California · 2025

Prosperity Home Mortgage in California: approval rate, denial rate and rates (2025)

Prosperity Home Mortgage took 935 mortgage applications in California in 2025, ranking #180 of 1,147 lenders active in the state. It originated 67.0% of them and denied 7.1% (9.5% of the applications it decided), against a statewide denial rate of 17.4%.

935Applicationsin CA
9.5%Decision denial ratestate 22.4%
6.63%Median ratestate 6.63%
$625,000Median loanstate $385,000
$475MVolume35 counties

Prosperity Home Mortgage in California vs the state

7.1%Denial rate-10.36 pts vs state
9.5%Decision denial rate-12.93 pts vs state
67.0%Origination rate+10.75 pts vs state
6.63%Median rate0.00 pts vs state
0.14Rate spread (pts)-0.13 pts vs state
$216kMedian applicant income
626Loans originated
66Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,50471827.1%6.88%#99
20249365828.8%6.75%#162
20259356267.1%6.63%#180

What Prosperity Home Mortgage lends in California

By loan purpose

Home purchase 663 71% · 5.0% denied
Refinance 178 19% · 11.8% denied
Cash-out refinance 52 6% · 11.5% denied
Home improvement 5 1% · 0.0% denied
Other / HELOC 37 4% · 16.2% denied

By loan type

Conventional 818 87% · 6.6% denied
FHA 80 9% · 13.8% denied
VA 37 4% · 2.7% denied

Why it denied California applicants

Debt-to-income ratio 37 56%
Collateral 20 30%
Credit history 5 8%
Other 2 3%
Incomplete application 2 3%

Where in California

Counties with the most Prosperity Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
San Diego County 19413811 5.7%
Riverside County 133936 4.5%
Los Angeles County 945410 10.6%
Orange County 94583 3.2%
Santa Barbara County 80526 7.5%
Ventura County 69486 8.7%
Santa Clara County 65445 7.7%
San Mateo County 32203 9.4%
San Bernardino County 28223 10.7%
Amador County 21141 4.8%

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: 935 applications in 2025, of which 626 were originated and 66 denied.

7.1% 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 Prosperity Home Mortgage originated in California in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Prosperity Home 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