USAA Federal Savings Bank · California · 2025

USAA Federal Savings Bank in California: approval rate, denial rate and rates (2025)

USAA Federal Savings Bank took 921 mortgage applications in California in 2025, ranking #183 of 1,147 lenders active in the state. It originated 34.5% of them and denied 32.9% (48.2% of the applications it decided), against a statewide denial rate of 17.4%.

921Applicationsin CA
48.2%Decision denial ratestate 22.4%
6.25%Median ratestate 6.63%
$495,000Median loanstate $385,000
$164MVolume54 counties

USAA Federal Savings Bank in California vs the state

32.9%Denial rate+15.48 pts vs state
48.2%Decision denial rate+25.77 pts vs state
34.5%Origination rate-21.67 pts vs state
6.25%Median rate-0.38 pts vs state
-0.18Rate spread (pts)-0.45 pts vs state
$154kMedian applicant income
318Loans originated
303Denied

Trend in California

YearApplicationsOriginatedDenial rateMedian rateRank in state
202368124228.2%6.38%#176
20241,01336428.4%6.50%#156
202592131832.9%6.25%#183

What USAA Federal Savings Bank lends in California

By loan purpose

Home purchase 681 74% · 28.8% denied
Refinance 79 9% · 43.0% denied
Cash-out refinance 123 13% · 49.6% denied
Home improvement 22 2% · 36.4% denied
Other / HELOC 16 2% · 25.0% denied

By loan type

Conventional 408 44% · 38.0% denied
VA 513 56% · 28.9% denied

Why it denied California applicants

Incomplete application 105 35%
Debt-to-income ratio 85 28%
Other 35 12%
Collateral 24 8%
Insufficient cash 19 6%
Credit history 19 6%
Unverifiable information 16 5%

Where in California

Counties with the most USAA Federal Savings Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Los Angeles County 1203650 41.7%
San Diego County 922033 35.9%
Riverside County 792433 41.8%
San Bernardino County 572020 35.1%
Sacramento County 522012 23.1%
Kern County 40199 22.5%
Orange County 391110 25.6%
Ventura County 31155 16.1%
Alameda County 311112 38.7%
Fresno County 29155 17.2%

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: 921 applications in 2025, of which 318 were originated and 303 denied.

32.9% 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 USAA Federal Savings Bank originated in California in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are USAA Federal Savings Bank'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