Royal Pacific Funding · California · 2025

Royal Pacific Funding in California: approval rate, denial rate and rates (2025)

Royal Pacific Funding took 2,821 mortgage applications in California in 2025, ranking #72 of 1,147 lenders active in the state. It originated 62.1% of them and denied 2.0% (2.2% of the applications it decided), against a statewide denial rate of 17.4%.

2.8kApplicationsin CA
2.2%Decision denial ratestate 22.4%
6.63%Median ratestate 6.63%
$515,000Median loanstate $385,000
$984MVolume45 counties

Royal Pacific Funding in California vs the state

2.0%Denial rate-15.47 pts vs state
2.2%Decision denial rate-20.17 pts vs state
62.1%Origination rate+5.94 pts vs state
6.63%Median rate0.00 pts vs state
0.49Rate spread (pts)+0.22 pts vs state
$161kMedian applicant income
1,753Loans originated
55Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,2221,2232.8%7.13%#69
20242,5161,3444.1%6.99%#72
20252,8211,7532.0%6.63%#72

What Royal Pacific Funding lends in California

By loan purpose

Home purchase 1,593 56% · 1.6% denied
Refinance 454 16% · 1.8% denied
Cash-out refinance 615 22% · 3.1% denied
Other / HELOC 159 6% · 1.9% denied

By loan type

Conventional 1,904 67% · 2.3% denied
FHA 865 31% · 1.2% denied
VA 52 2% · 1.9% denied

Why it denied California applicants

Collateral 25 45%
Credit history 9 16%
Other 6 11%
Unverifiable information 5 9%
Debt-to-income ratio 4 7%
Employment history 3 5%
Insufficient cash 3 5%

Where in California

Counties with the most Royal Pacific Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 1,28381826 2.0%
San Bernardino County 4142594 1.0%
Riverside County 3512178 2.3%
Orange County 1821063 1.6%
Kern County 1601010 0.0%
San Diego County 82391 1.2%
Ventura County 49340 0.0%
Sacramento County 43311 2.3%
Contra Costa County 29173 10.3%
Alameda County 25120 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: 2,821 applications in 2025, of which 1,753 were originated and 55 denied.

2.0% of all applications, or 2.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Royal Pacific Funding originated in California in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Royal Pacific Funding'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