San Diego County, California · 2025

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

720 lenders acted on 93,694 mortgage applications for properties in San Diego County in 2025. 17.0% were denied (California: 17.4%). Median rate on closed loans 6.63%; median loan $465,000; median property value $965,000.

94kApplications
17.0%Denial ratestate 17.4%
6.63%Median ratestate 6.63%
$465,000Median loan
$965,000Median property value

Largest lenders in San Diego County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 9,6877,078 11.6%6.30%
2 Rocket Mortgage C 5,3903,920 15.4%6.63%
3 Navy Federal Credit Union D 4,7282,042 24.2%8.00%
4 U.S. Bank D 3,5761,867 29.9%6.75%
5 Mission B 3,0991,940 13.8%6.99%
6 Bank of America F 2,8011,246 29.7%5.99%
7 Spring Eq D 2,299790 48.1%8.63%
8 Pennymac Loan Services C 2,2611,391 12.3%6.50%
9 Crosscountry Mortgage B 2,1291,368 3.5%6.63%
10 JPMorgan Chase Bank B 1,9591,220 8.9%6.13%
11 Newrez D 1,704702 12.9%6.38%
12 California Coast Credit Union B 1,6831,172 12.7%7.50%
13 Figure Lending C 1,304618 23.9%8.95%
14 Coastal Community Bank C 1,240205 1.9%9.49%
15 The Loan Store B 1,235736 14.2%6.88%
16 Loandepot.Com D 1,219731 21.3%6.88%
17 Freedom Mortgage B 1,084418 7.8%5.88%
18 Guaranteed Rate B 1,047533 4.9%6.63%
19 California Credit Union C 1,016583 24.4%5.99%
20 21st Mortgage F 982163 30.1%9.70%
21 Lennar Mortgage A 915589 6.6%4.99%
22 Wells Fargo Bank B 904488 14.8%6.00%
23 Mortgage Research Center C 875381 15.8%5.99%
24 Broker Solutions D 829325 9.1%6.75%
25 CMG Mortgage A 803523 4.4%6.63%

Best approval odds in San Diego County

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

What San Diego County borrowers applied for

By loan purpose

Home purchase 32,591 35% · 8.8% denied
Refinance 18,021 19% · 14.0% denied
Cash-out refinance 18,818 20% · 19.5% denied
Home improvement 12,094 13% · 27.0% denied
Other / HELOC 12,170 13% · 29.6% denied

By loan type

Conventional 78,485 84% · 17.9% denied
FHA 5,665 6% · 16.2% denied
VA 9,523 10% · 10.2% denied
USDA / RHS 21 0% · 4.8% denied

Why applications were denied

Debt-to-income ratio 6,164 39%
Incomplete application 2,575 16%
Collateral 2,235 14%
Credit history 2,007 13%
Other 1,775 11%
Unverifiable information 676 4%
Insufficient cash 379 2%
Employment history 118 1%
Mortgage insurance denied 1 0%

San Diego County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202373,28039,33021.2%7.00%$385,000
202485,41246,84719.3%6.99%$425,000
202593,69452,50717.0%6.63%$465,000

Frequently asked questions

17.0% of applications in San Diego County were denied in 2025, against 17.4% statewide in California.

United Shore Financial Services, with 9,687 applications in 2025 and a denial rate of 11.6%.

The median mortgage application in San Diego County in 2025 was for $465,000; the median property value on originated loans was $965,000.