The Loan Store · California · 2025

The Loan Store in California: approval rate, denial rate and rates (2025)

The Loan Store took 12,791 mortgage applications in California in 2025, ranking #15 of 1,147 lenders active in the state. It originated 65.9% of them and denied 11.7% (13.0% of the applications it decided), against a statewide denial rate of 17.4%.

13kApplicationsin CA
13.0%Decision denial ratestate 22.4%
6.75%Median ratestate 6.63%
$375,000Median loanstate $385,000
$3.8BVolume56 counties

The Loan Store in California vs the state

11.7%Denial rate-5.77 pts vs state
13.0%Decision denial rate-9.37 pts vs state
65.9%Origination rate+9.72 pts vs state
6.75%Median rate+0.13 pts vs state
0.43Rate spread (pts)+0.15 pts vs state
$165kMedian applicant income
8,432Loans originated
1,490Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,1741,23617.5%7.38%#71
20248,6965,32614.4%6.99%#25
202512,7918,43211.7%6.75%#15

What The Loan Store lends in California

By loan purpose

Home purchase 6,155 48% · 4.0% denied
Refinance 1,209 9% · 6.2% denied
Cash-out refinance 1,455 11% · 8.6% denied
Home improvement 1,693 13% · 26.7% denied
Other / HELOC 2,279 18% · 25.9% denied

By loan type

Conventional 11,854 93% · 12.0% denied
FHA 692 5% · 8.0% denied
VA 240 2% · 5.8% denied
USDA / RHS 5 0% · 80.0% denied

Why it denied California applicants

Debt-to-income ratio 877 59%
Incomplete application 219 15%
Collateral 170 11%
Other 119 8%
Credit history 70 5%
Insufficient cash 25 2%
Unverifiable information 7 0%
Employment history 3 0%

Where in California

Counties with the most The Loan Store applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 2,1741,202369 17.0%
Riverside County 1,381941141 10.2%
Sacramento County 1,26696373 5.8%
San Diego County 1,235736175 14.2%
Orange County 787482115 14.6%
San Bernardino County 787491104 13.2%
Placer County 51839232 6.2%
San Joaquin County 43230236 8.3%
Fresno County 37828231 8.2%
Kern County 28819433 11.5%

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: 12,791 applications in 2025, of which 8,432 were originated and 1,490 denied.

11.7% of all applications, or 13.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.

The median rate on loans The Loan Store originated in California in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are The Loan Store'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