Skyla Federal Credit Union · California · 2025

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

Skyla Federal Credit Union took 33 mortgage applications in California in 2025, ranking #574 of 1,147 lenders active in the state. It originated 42.4% of them and denied 39.4% (48.2% of the applications it decided), against a statewide denial rate of 17.4%.

33Applicationsin CA
48.2%Decision denial ratestate 22.4%
7.38%Median ratestate 6.63%
$155,000Median loanstate $385,000
$2.3MVolume7 counties

Skyla Federal Credit Union in California vs the state

39.4%Denial rate+21.97 pts vs state
48.2%Decision denial rate+25.75 pts vs state
42.4%Origination rate-13.78 pts vs state
7.38%Median rate+0.75 pts vs state
2.21Rate spread (pts)+1.94 pts vs state
$161kMedian applicant income
14Loans originated
13Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237614.3%8.50%#790
2024321646.9%8.18%#582
2025331439.4%7.38%#574

What Skyla Federal Credit Union lends in California

By loan purpose

Home purchase 1 3% · 0.0% denied
Refinance 1 3% · 0.0% denied
Cash-out refinance 16 48% · 68.8% denied
Other / HELOC 15 45% · 13.3% denied

By loan type

Conventional 33 100% · 39.4% denied

Why it denied California applicants

Debt-to-income ratio 5 38%
Incomplete application 3 23%
Collateral 3 23%
Credit history 1 8%
Unverifiable information 1 8%

Where in California

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

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 20115 25.0%
San Bernardino County 623 50.0%
Riverside County 202 100.0%
Orange County 201 50.0%
Kern County 110 0.0%
Ventura County 101 100.0%
Santa Clara County 101 100.0%

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: 33 applications in 2025, of which 14 were originated and 13 denied.

39.4% of all applications, or 48.2% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans Skyla Federal Credit Union originated in California in 2025 was 7.38%, against a statewide median of 6.63%.

About this data. Figures are Skyla 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