Schoolsfirst in California vs the state
10.0%Denial rate-7.38 pts vs state
11.7%Decision denial rate-10.70 pts vs state
74.5%Origination rate+18.33 pts vs state
6.25%Median rate-0.38 pts vs state
-0.35Rate spread (pts)-0.62 pts vs state
$141kMedian applicant income
14,224Loans originated
1,917Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 13,937 | 10,456 | 10.3% | 7.50% | #9 |
| 2024 | 16,937 | 12,403 | 11.6% | 7.00% | #7 |
| 2025 | 19,086 | 14,224 | 10.0% | 6.25% | #7 |
What Schoolsfirst lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Schoolsfirst applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Orange County | 6,403 | 4,992 | 529 | 8.3% |
| Los Angeles County | 4,022 | 2,959 | 452 | 11.2% |
| Riverside County | 3,286 | 2,360 | 352 | 10.7% |
| San Bernardino County | 2,402 | 1,725 | 265 | 11.0% |
| Sacramento County | 1,028 | 763 | 132 | 12.8% |
| San Diego County | 512 | 397 | 33 | 6.4% |
| Placer County | 250 | 199 | 18 | 7.2% |
| El Dorado County | 170 | 130 | 16 | 9.4% |
| Ventura County | 116 | 91 | 6 | 5.2% |
| Kern County | 94 | 47 | 16 | 17.0% |
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% |
| 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% |
| Coastal Community Bank | C | 15,830 | 2.7% | 9.99% |
Frequently asked questions
California: 19,086 applications in 2025, of which 14,224 were originated and 1,917 denied.
10.0% of all applications, or 11.7% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Schoolsfirst originated in California in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Schoolsfirst'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