Wall Street Mortgage Bankers in California vs the state
10.4%Denial rate-7.05 pts vs state
15.5%Decision denial rate-6.87 pts vs state
55.6%Origination rate-0.60 pts vs state
6.50%Median rate-0.13 pts vs state
0.00Rate spread (pts)-0.27 pts vs state
$338kMedian applicant income
134Loans originated
25Denied
Trend in California
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 94 | 41 | 14.9% | 7.63% | #453 |
| 2024 | 144 | 93 | 13.9% | 6.88% | #386 |
| 2025 | 241 | 134 | 10.4% | 6.50% | #339 |
What Wall Street Mortgage Bankers lends in California
By loan purpose
By loan type
Why it denied California applicants
Where in California
Counties with the most Wall Street Mortgage Bankers applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 124 | 70 | 14 | 11.3% |
| Orange County | 35 | 17 | 3 | 8.6% |
| Santa Clara County | 17 | 12 | 3 | 17.6% |
| San Diego County | 13 | 4 | 2 | 15.4% |
| Ventura County | 9 | 8 | 0 | 0.0% |
| Contra Costa County | 8 | 4 | 0 | 0.0% |
| Alameda County | 6 | 2 | 1 | 16.7% |
| San Mateo County | 5 | 4 | 0 | 0.0% |
| San Francisco County | 5 | 1 | 1 | 20.0% |
| Marin County | 5 | 4 | 0 | 0.0% |
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: 241 applications in 2025, of which 134 were originated and 25 denied.
10.4% of all applications, or 15.5% of the applications it actually decided on. The California statewide average across all lenders was 17.4%.
The median rate on loans Wall Street Mortgage Bankers originated in California in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Wall Street Mortgage Bankers'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