Service Federal Credit Union · California · 2025

Service Federal Credit Union in California: approval rate, denial rate and rates (2025)

Service Federal Credit Union took 127 mortgage applications in California in 2025, ranking #407 of 1,147 lenders active in the state. It originated 22.8% of them and denied 9.5% (26.7% of the applications it decided), against a statewide denial rate of 17.4%.

127Applicationsin CA
26.7%Decision denial ratestate 22.4%
5.50%Median ratestate 6.63%
$1,125,000Median loanstate $385,000
$21MVolume18 counties

Service Federal Credit Union in California vs the state

9.5%Denial rate-7.97 pts vs state
26.7%Decision denial rate+4.27 pts vs state
22.8%Origination rate-33.37 pts vs state
5.50%Median rate-1.13 pts vs state
-0.56Rate spread (pts)-0.83 pts vs state
$364kMedian applicant income
29Loans originated
12Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023723230.6%3.99%#492
2024603028.3%6.49%#505
2025127299.5%5.50%#407

What Service Federal Credit Union lends in California

By loan purpose

Home purchase 45 35% · 4.4% denied
Refinance 59 46% · 5.1% denied
Cash-out refinance 9 7% · 22.2% denied
Home improvement 8 6% · 37.5% denied
Other / HELOC 6 5% · 33.3% denied

By loan type

Conventional 125 98% · 9.6% denied
VA 2 2% · 0.0% denied

Why it denied California applicants

Collateral 4 33%
Debt-to-income ratio 3 25%
Credit history 3 25%
Unverifiable information 1 8%
Other 1 8%

Where in California

Counties with the most Service Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Santa Clara County 4564 8.9%
Alameda County 2930 0.0%
Contra Costa County 1441 7.1%
San Diego County 944 44.4%
San Bernardino County 531 20.0%
Los Angeles County 511 20.0%
Riverside County 310 0.0%
Fresno County 310 0.0%
San Mateo County 300 0.0%
Sacramento County 200 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: 127 applications in 2025, of which 29 were originated and 12 denied.

9.5% of all applications, or 26.7% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Service Federal Credit Union originated in California in 2025 was 5.50%, against a statewide median of 6.63%.

About this data. Figures are Service Federal 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