SmartFi Home Loans in California vs the state
19.3%Denial rate+1.87 pts vs state
21.4%Decision denial rate-1.05 pts vs state
71.1%Origination rate+14.86 pts vs state
8.98%Median rate+2.36 pts vs state
—Rate spread (pts)
$35kMedian applicant income
361Loans originated
98Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 56 | 45 | 8.9% | 9.69% | #527 |
| 2024 | 162 | 114 | 21.6% | 9.69% | #369 |
| 2025 | 508 | 361 | 19.3% | 8.98% | #259 |
What SmartFi Home Loans lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most SmartFi Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 145 | 102 | 28 | 19.3% |
| San Diego County | 54 | 40 | 8 | 14.8% |
| Riverside County | 46 | 36 | 7 | 15.2% |
| San Bernardino County | 40 | 24 | 10 | 25.0% |
| Orange County | 38 | 32 | 3 | 7.9% |
| Contra Costa County | 27 | 21 | 3 | 11.1% |
| Santa Clara County | 19 | 16 | 1 | 5.3% |
| Alameda County | 18 | 13 | 3 | 16.7% |
| Ventura County | 13 | 7 | 4 | 30.8% |
| Sacramento County | 12 | 9 | 2 | 16.7% |
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: 508 applications in 2025, of which 361 were originated and 98 denied.
19.3% of all applications, or 21.4% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans SmartFi Home Loans originated in California in 2025 was 8.98%, against a statewide median of 6.63%.
About this data. Figures are SmartFi Home Loans'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