San Mateo Credit Union in California vs the state
27.1%Denial rate+9.64 pts vs state
32.5%Decision denial rate+10.08 pts vs state
56.1%Origination rate-0.08 pts vs state
7.75%Median rate+1.13 pts vs state
0.34Rate spread (pts)+0.07 pts vs state
$180kMedian applicant income
367Loans originated
177Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 314 | 163 | 25.2% | 6.63% | #282 |
| 2024 | 289 | 178 | 15.9% | 6.50% | #307 |
| 2025 | 654 | 367 | 27.1% | 7.75% | #219 |
What San Mateo Credit Union lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most San Mateo Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Mateo County | 351 | 211 | 88 | 25.1% |
| Alameda County | 76 | 38 | 26 | 34.2% |
| Santa Clara County | 45 | 26 | 10 | 22.2% |
| San Francisco County | 32 | 14 | 7 | 21.9% |
| Contra Costa County | 23 | 11 | 9 | 39.1% |
| Sacramento County | 18 | 11 | 6 | 33.3% |
| Solano County | 12 | 7 | 3 | 25.0% |
| Placer County | 12 | 8 | 3 | 25.0% |
| Stanislaus County | 11 | 2 | 7 | 63.6% |
| San Joaquin County | 11 | 5 | 4 | 36.4% |
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: 654 applications in 2025, of which 367 were originated and 177 denied.
27.1% of all applications, or 32.5% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans San Mateo Credit Union originated in California in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are San Mateo Credit Union'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