Royal Business Bank · California · 2025

Royal Business Bank in California: approval rate, denial rate and rates (2025)

Royal Business Bank took 375 mortgage applications in California in 2025, ranking #294 of 1,147 lenders active in the state. It originated 63.7% of them and denied 5.9% (8.3% of the applications it decided), against a statewide denial rate of 17.4%.

375Applicationsin CA
8.3%Decision denial ratestate 22.4%
6.75%Median ratestate 6.63%
$775,000Median loanstate $385,000
$315MVolume26 counties

Royal Business Bank in California vs the state

5.9%Denial rate-11.55 pts vs state
8.3%Decision denial rate-14.07 pts vs state
63.7%Origination rate+7.53 pts vs state
6.75%Median rate+0.13 pts vs state
0.42Rate spread (pts)+0.15 pts vs state
$191kMedian applicant income
239Loans originated
22Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023442715.9%7.13%#554
20241871227.5%7.25%#356
20253752395.9%6.75%#294

What Royal Business Bank lends in California

By loan purpose

Home purchase 251 67% · 3.6% denied
Refinance 51 14% · 7.8% denied
Cash-out refinance 31 8% · 19.4% denied
Home improvement 3 1% · 33.3% denied
Other / HELOC 39 10% · 5.1% denied

By loan type

Conventional 375 100% · 5.9% denied

Why it denied California applicants

Other 9 41%
Credit history 7 32%
Collateral 6 27%

Where in California

Counties with the most Royal Business Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 143807 4.9%
Orange County 54345 9.3%
San Bernardino County 40282 5.0%
Santa Clara County 28183 10.7%
Riverside County 24180 0.0%
Sacramento County 1190 0.0%
Alameda County 950 0.0%
Placer County 741 14.3%
San Diego County 751 14.3%
Contra Costa County 650 0.0%

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: 375 applications in 2025, of which 239 were originated and 22 denied.

5.9% of all applications, or 8.3% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Royal Business Bank originated in California in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Royal Business Bank'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