Technology Credit Union · California · 2025

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

Technology Credit Union took 1,050 mortgage applications in California in 2025, ranking #166 of 1,147 lenders active in the state. It originated 62.9% of them and denied 19.4% (20.7% of the applications it decided), against a statewide denial rate of 17.4%.

1.1kApplicationsin CA
20.7%Decision denial ratestate 22.4%
7.50%Median ratestate 6.63%
$255,000Median loanstate $385,000
$339MVolume36 counties

Technology Credit Union in California vs the state

19.4%Denial rate+2.01 pts vs state
20.7%Decision denial rate-1.73 pts vs state
62.9%Origination rate+6.66 pts vs state
7.50%Median rate+0.88 pts vs state
0.24Rate spread (pts)-0.03 pts vs state
$226kMedian applicant income
660Loans originated
204Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202372836830.6%8.25%#170
202487649225.7%8.50%#174
20251,05066019.4%7.50%#166

What Technology Credit Union lends in California

By loan purpose

Home purchase 89 8% · 2.3% denied
Refinance 238 23% · 10.5% denied
Cash-out refinance 101 10% · 21.8% denied
Home improvement 460 44% · 23.7% denied
Other / HELOC 162 15% · 28.4% denied

By loan type

Conventional 1,050 100% · 19.4% denied

Why it denied California applicants

Debt-to-income ratio 129 63%
Collateral 33 16%
Credit history 26 13%
Other 9 4%
Incomplete application 2 1%
Mortgage insurance denied 2 1%
Insufficient cash 1 0%
Employment history 1 0%
Unverifiable information 1 0%

Where in California

Counties with the most Technology Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Santa Clara County 51232790 17.6%
Alameda County 19012332 16.8%
Contra Costa County 54347 13.0%
San Joaquin County 462312 26.1%
San Mateo County 42314 9.5%
Orange County 26193 11.5%
Los Angeles County 25147 28.0%
Riverside County 21612 57.1%
San Francisco County 21182 9.5%
San Diego County 17133 17.6%

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: 1,050 applications in 2025, of which 660 were originated and 204 denied.

19.4% of all applications, or 20.7% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

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

About this data. Figures are Technology 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