Scenic Oaks Funding · California · 2025

Scenic Oaks Funding in California: approval rate, denial rate and rates (2025)

Scenic Oaks Funding took 694 mortgage applications in California in 2025, ranking #209 of 1,147 lenders active in the state. It originated 73.3% of them and denied 4.0% (5.2% of the applications it decided), against a statewide denial rate of 17.4%.

694Applicationsin CA
5.2%Decision denial ratestate 22.4%
6.50%Median ratestate 6.63%
$405,000Median loanstate $385,000
$219MVolume32 counties

Scenic Oaks Funding in California vs the state

4.0%Denial rate-13.39 pts vs state
5.2%Decision denial rate-17.19 pts vs state
73.3%Origination rate+17.14 pts vs state
6.50%Median rate-0.13 pts vs state
0.30Rate spread (pts)+0.03 pts vs state
$134kMedian applicant income
509Loans originated
28Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233642783.9%6.50%#265
20245614021.3%6.63%#228
20256945094.0%6.50%#209

What Scenic Oaks Funding lends in California

By loan purpose

Home purchase 582 84% · 3.3% denied
Refinance 70 10% · 5.7% denied
Cash-out refinance 1 0% · 0.0% denied
Home improvement 41 6% · 12.2% denied

By loan type

Conventional 489 70% · 4.1% denied
FHA 177 26% · 4.5% denied
VA 27 4% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied California applicants

Collateral 10 36%
Debt-to-income ratio 8 29%
Other 6 21%
Credit history 3 11%
Insufficient cash 1 4%

Where in California

Counties with the most Scenic Oaks Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Stanislaus County 2461968 3.3%
Sacramento County 103743 2.9%
San Joaquin County 80574 5.0%
Placer County 45310 0.0%
Merced County 42321 2.4%
El Dorado County 32220 0.0%
Riverside County 28182 7.1%
Yolo County 24191 4.2%
Tuolumne County 10100 0.0%
Nevada County 970 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: 694 applications in 2025, of which 509 were originated and 28 denied.

4.0% of all applications, or 5.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Scenic Oaks Funding originated in California in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Scenic Oaks 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