Residential Wholesale Mortgage in California vs the state
0.7%Denial rate-16.73 pts vs state
1.0%Decision denial rate-21.38 pts vs state
67.0%Origination rate+10.76 pts vs state
6.50%Median rate-0.13 pts vs state
0.22Rate spread (pts)-0.05 pts vs state
$137kMedian applicant income
677Loans originated
7Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 600 | 434 | 3.2% | 6.63% | #198 |
| 2024 | 842 | 575 | 1.9% | 6.63% | #178 |
| 2025 | 1,011 | 677 | 0.7% | 6.50% | #170 |
What Residential Wholesale Mortgage lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Residential Wholesale Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Diego County | 267 | 202 | 0 | 0.0% |
| Riverside County | 221 | 156 | 2 | 0.9% |
| Tulare County | 123 | 83 | 0 | 0.0% |
| Fresno County | 103 | 58 | 1 | 1.0% |
| San Bernardino County | 55 | 35 | 2 | 3.6% |
| Los Angeles County | 38 | 21 | 0 | 0.0% |
| Santa Barbara County | 26 | 14 | 0 | 0.0% |
| Solano County | 23 | 13 | 0 | 0.0% |
| Sacramento County | 16 | 8 | 0 | 0.0% |
| Placer County | 16 | 13 | 0 | 0.0% |
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: 1,011 applications in 2025, of which 677 were originated and 7 denied.
0.7% of all applications, or 1.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Residential Wholesale Mortgage originated in California in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Residential Wholesale 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