Rocket Mortgage · California · 2025

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

Rocket Mortgage took 58,925 mortgage applications in California in 2025, ranking #2 of 1,147 lenders active in the state. It originated 71.6% of them and denied 17.6% (19.2% of the applications it decided), against a statewide denial rate of 17.4%.

59kApplicationsin CA
19.2%Decision denial ratestate 22.4%
6.75%Median ratestate 6.63%
$405,000Median loanstate $385,000
$19BVolume58 counties

Rocket Mortgage in California vs the state

17.6%Denial rate+0.15 pts vs state
19.2%Decision denial rate-3.16 pts vs state
71.6%Origination rate+15.42 pts vs state
6.75%Median rate+0.13 pts vs state
0.34Rate spread (pts)+0.07 pts vs state
$155kMedian applicant income
42,202Loans originated
10,352Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202339,61129,26515.6%6.75%#3
202450,86837,41216.3%6.75%#2
202558,92542,20217.6%6.75%#2

What Rocket Mortgage lends in California

By loan purpose

Home purchase 20,801 35% · 12.1% denied
Refinance 11,205 19% · 21.9% denied
Cash-out refinance 24,607 42% · 19.7% denied
Home improvement 816 1% · 22.9% denied
Other / HELOC 1,496 3% · 25.0% denied

By loan type

Conventional 49,363 84% · 16.4% denied
FHA 6,554 11% · 27.2% denied
VA 3,008 5% · 16.4% denied

Why it denied California applicants

Debt-to-income ratio 3,472 34%
Collateral 3,162 31%
Incomplete application 1,927 19%
Other 579 6%
Credit history 435 4%
Insufficient cash 387 4%
Unverifiable information 321 3%
Employment history 69 1%

Where in California

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 10,9947,6592,100 19.1%
San Diego County 5,3903,920831 15.4%
Riverside County 5,3713,844971 18.1%
Orange County 4,4423,235749 16.9%
San Bernardino County 3,9732,802758 19.1%
Sacramento County 3,3352,467502 15.1%
Contra Costa County 2,2831,644401 17.6%
Alameda County 2,2101,611388 17.6%
Santa Clara County 2,0981,514391 18.6%
Kern County 1,6751,169328 19.6%

Other large lenders in California

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 79,26112.6%6.49%
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%
Coastal Community BankC 15,8302.7%9.99%

Frequently asked questions

California: 58,925 applications in 2025, of which 42,202 were originated and 10,352 denied.

17.6% of all applications, or 19.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Rocket Mortgage originated in California in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Rocket 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