STRATA Credit Union · California · 2025

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

STRATA Credit Union took 282 mortgage applications in California in 2025, ranking #324 of 1,147 lenders active in the state. It originated 59.2% of them and denied 32.3% (34.9% of the applications it decided), against a statewide denial rate of 17.4%.

282Applicationsin CA
34.9%Decision denial ratestate 22.4%
7.50%Median ratestate 6.63%
$75,000Median loanstate $385,000
$23MVolume6 counties

STRATA Credit Union in California vs the state

32.3%Denial rate+14.85 pts vs state
34.9%Decision denial rate+12.47 pts vs state
59.2%Origination rate+3.02 pts vs state
7.50%Median rate+0.88 pts vs state
1.16Rate spread (pts)+0.89 pts vs state
$91kMedian applicant income
167Loans originated
91Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202325316626.1%7.50%#312
202423314729.6%7.50%#329
202528216732.3%7.50%#324

What STRATA Credit Union lends in California

By loan purpose

Home purchase 32 11% · 6.3% denied
Refinance 16 6% · 25.0% denied
Cash-out refinance 22 8% · 40.9% denied
Home improvement 93 33% · 40.9% denied
Other / HELOC 119 42% · 31.9% denied

By loan type

Conventional 282 100% · 32.3% denied

Why it denied California applicants

Debt-to-income ratio 41 45%
Credit history 35 38%
Other 12 13%
Unverifiable information 2 2%
Employment history 1 1%

Where in California

Counties with the most STRATA Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Kern County 27516388 32.0%
Tulare County 220 0.0%
Sacramento County 101 100.0%
Kings County 101 100.0%
Los Angeles County 110 0.0%
Madera County 110 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: 282 applications in 2025, of which 167 were originated and 91 denied.

32.3% of all applications, or 34.9% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans STRATA Credit Union originated in California in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are STRATA 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