Veritas Funding in California vs the state
11.8%Denial rate-5.66 pts vs state
23.0%Decision denial rate+0.55 pts vs state
36.1%Origination rate-20.07 pts vs state
6.25%Median rate-0.38 pts vs state
0.29Rate spread (pts)+0.02 pts vs state
$92kMedian applicant income
43Loans originated
14Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 374 | 110 | 4.0% | 6.25% | #259 |
| 2024 | 149 | 44 | 5.4% | 6.62% | #380 |
| 2025 | 119 | 43 | 11.8% | 6.25% | #413 |
What Veritas Funding lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Veritas Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Riverside County | 14 | 3 | 2 | 14.3% |
| Kern County | 12 | 6 | 2 | 16.7% |
| Los Angeles County | 10 | 1 | 1 | 10.0% |
| San Diego County | 10 | 3 | 1 | 10.0% |
| Fresno County | 9 | 6 | 0 | 0.0% |
| San Bernardino County | 7 | 4 | 0 | 0.0% |
| Stanislaus County | 7 | 2 | 1 | 14.3% |
| Orange County | 6 | 2 | 0 | 0.0% |
| Sacramento County | 4 | 1 | 0 | 0.0% |
| Ventura County | 4 | 1 | 2 | 50.0% |
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: 119 applications in 2025, of which 43 were originated and 14 denied.
11.8% of all applications, or 23.0% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Veritas Funding originated in California in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Veritas Funding'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