Merced County, California · 2025

Mortgage lenders in Merced County, CA: denial rates and top lenders (2025)

306 lenders acted on 6,502 mortgage applications for properties in Merced County in 2025. 18.6% were denied (California: 17.4%). Median rate on closed loans 6.50%; median loan $285,000; median property value $435,000.

6.5kApplications
18.6%Denial ratestate 17.4%
6.50%Median ratestate 6.63%
$285,000Median loan
$435,000Median property value

Largest lenders in Merced County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 648463 12.8%6.13%
2 Rocket Mortgage C 372261 20.4%6.88%
3 Leaderone Financial D 257214 5.1%6.25%
4 Dhi Mortgage Company B 237182 8.4%5.50%
5 Guaranteed Rate B 192126 3.1%6.25%
6 Spring Eq D 16050 51.3%8.96%
7 Bank of America F 15959 42.1%6.49%
8 Kind Lending C 14997 21.5%6.38%
9 Freedom Mortgage B 13358 6.0%6.19%
10 Coastal Community Bank C 12828 1.6%10.49%
11 Merced School Employees Federal Credit Union B 122103 8.2%
12 Loandepot.Com D 11961 25.2%6.75%
13 Pennymac Loan Services C 11568 9.6%6.75%
14 JPMorgan Chase Bank B 9556 13.7%6.75%
15 The Golden 1 D 9445 41.5%7.75%
16 Newrez D 9229 23.9%6.75%
17 Inspire Home Loans B 9162 9.9%5.88%
18 21st Mortgage F 8414 42.9%9.22%
19 Lakeview Loan Servicing C 8213 61.0%6.13%
20 Broker Solutions D 8132 8.6%6.75%
21 Figure Lending C 8036 27.5%8.96%
22 Crosscountry Mortgage B 7945 5.1%6.74%
23 OCMBC C 7038 14.3%6.94%
24 PNC Bank D 6930 34.8%7.25%
25 AmeriSave Mortgage D 6915 66.7%8.63%

Best approval odds in Merced County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

What Merced County borrowers applied for

By loan purpose

Home purchase 2,839 44% · 9.1% denied
Refinance 844 13% · 19.8% denied
Cash-out refinance 1,391 21% · 23.4% denied
Home improvement 586 9% · 32.1% denied
Other / HELOC 842 13% · 32.1% denied

By loan type

Conventional 4,513 69% · 20.2% denied
FHA 1,571 24% · 14.6% denied
VA 407 6% · 16.7% denied
USDA / RHS 11 0% · 9.1% denied

Why applications were denied

Debt-to-income ratio 375 31%
Incomplete application 236 20%
Credit history 220 18%
Collateral 145 12%
Other 108 9%
Insufficient cash 56 5%
Unverifiable information 54 4%
Employment history 11 1%

Merced County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20235,5402,93121.4%6.63%$275,000
20246,3833,45820.0%6.63%$285,000
20256,5023,64018.6%6.50%$285,000

Frequently asked questions

18.6% of applications in Merced County were denied in 2025, against 17.4% statewide in California.

United Shore Financial Services, with 648 applications in 2025 and a denial rate of 12.8%.

The median mortgage application in Merced County in 2025 was for $285,000; the median property value on originated loans was $435,000.