ResMac in California vs the state
4.3%Denial rate-13.15 pts vs state
4.9%Decision denial rate-17.50 pts vs state
82.1%Origination rate+25.85 pts vs state
7.25%Median rate+0.63 pts vs state
0.68Rate spread (pts)+0.41 pts vs state
$386kMedian applicant income
96Loans originated
5Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 77 | 42 | 40.3% | 7.31% | #476 |
| 2024 | 101 | 78 | 5.9% | 7.50% | #442 |
| 2025 | 117 | 96 | 4.3% | 7.25% | #416 |
What ResMac lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most ResMac applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 23 | 19 | 2 | 8.7% |
| Tulare County | 22 | 22 | 0 | 0.0% |
| Orange County | 21 | 16 | 0 | 0.0% |
| San Bernardino County | 21 | 15 | 3 | 14.3% |
| El Dorado County | 6 | 6 | 0 | 0.0% |
| Riverside County | 6 | 5 | 0 | 0.0% |
| Kings County | 5 | 5 | 0 | 0.0% |
| Santa Clara County | 2 | 2 | 0 | 0.0% |
| Alameda County | 2 | 2 | 0 | 0.0% |
| Nevada County | 1 | 0 | 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: 117 applications in 2025, of which 96 were originated and 5 denied.
4.3% of all applications, or 4.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans ResMac originated in California in 2025 was 7.25%, against a statewide median of 6.63%.
About this data. Figures are ResMac'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