Largest lenders in Santa Barbara County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | United Shore Financial Services | B | 722 | 510 | 14.4% | 6.38% |
| 2 | Guaranteed Rate | B | 422 | 250 | 4.7% | 6.63% |
| 3 | Rocket Mortgage | C | 403 | 283 | 18.1% | 6.88% |
| 4 | U.S. Bank | D | 351 | 152 | 37.3% | 6.97% |
| 5 | Loandepot.Com | D | 309 | 191 | 12.6% | 6.63% |
| 6 | Bank of America | F | 267 | 119 | 29.6% | 5.99% |
| 7 | Spring Eq | D | 231 | 72 | 46.8% | 8.51% |
| 8 | Crosscountry Mortgage | B | 196 | 139 | 2.6% | 6.88% |
| 9 | OriginPoint | B | 187 | 111 | 3.7% | 6.75% |
| 10 | Guild Mortgage | A | 178 | 88 | 1.1% | 6.56% |
| 11 | JPMorgan Chase Bank | B | 174 | 122 | 7.5% | 6.25% |
| 12 | Newrez | D | 151 | 54 | 21.9% | 6.69% |
| 13 | Movement Mortgage | A | 148 | 96 | 4.1% | 6.75% |
| 14 | Pennymac Loan Services | C | 146 | 74 | 9.6% | 6.56% |
| 15 | Kind Lending | C | 145 | 104 | 20.7% | 6.63% |
| 16 | Sesloc | C | 138 | 78 | 32.6% | 7.50% |
| 17 | Freedom Mortgage | B | 133 | 53 | 9.0% | 5.88% |
| 18 | CMG Mortgage | A | 128 | 86 | 5.5% | 6.63% |
| 19 | Coasthills Credit Union | D | 128 | 74 | 7.8% | 7.25% |
| 20 | Coastal Community Bank | C | 125 | 34 | 3.2% | 9.99% |
| 21 | The Golden 1 | D | 116 | 53 | 36.2% | 7.75% |
| 22 | Montecito Bank & Trust | D | 106 | 63 | 23.6% | — |
| 23 | Figure Lending | C | 103 | 51 | 23.3% | 8.80% |
| 24 | Navy Federal Credit Union | D | 99 | 42 | 16.2% | 7.75% |
| 25 | Wells Fargo Bank | B | 96 | 60 | 18.8% | 5.75% |
Best approval odds in Santa Barbara County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | Coastal Funding Slc | 54 | 0.0% |
| 2 | Guild Mortgage | 94 | 2.1% |
| 3 | Crosscountry Mortgage | 149 | 3.4% |
| 4 | Coastal Community Bank | 85 | 4.7% |
| 5 | Movement Mortgage | 118 | 5.1% |
| 6 | OriginPoint | 119 | 5.9% |
| 7 | CMG Mortgage | 106 | 6.6% |
| 8 | Guaranteed Rate | 278 | 7.2% |
| 9 | Finance of America Reverse | 65 | 7.7% |
| 10 | JPMorgan Chase Bank | 137 | 9.5% |
What Santa Barbara County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Santa Barbara County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 6,814 | 3,761 | 21.1% | 7.00% | $355,000 |
| 2024 | 8,234 | 4,538 | 19.7% | 6.99% | $395,000 |
| 2025 | 9,495 | 5,402 | 16.9% | 6.75% | $455,000 |
Frequently asked questions
16.9% of applications in Santa Barbara County were denied in 2025, against 17.4% statewide in California.
United Shore Financial Services, with 722 applications in 2025 and a denial rate of 14.4%.
The median mortgage application in Santa Barbara County in 2025 was for $455,000; the median property value on originated loans was $875,000.