Largest lenders in Santa Clara County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Wells Fargo Bank | B | 3,838 | 2,679 | 4.5% | 5.50% |
| 2 | Bank of America | F | 3,718 | 2,383 | 17.0% | 5.63% |
| 3 | Citibank | B | 2,351 | 1,316 | 5.4% | 5.50% |
| 4 | Rocket Mortgage | C | 2,098 | 1,514 | 18.6% | 6.63% |
| 5 | U.S. Bank | D | 2,089 | 1,347 | 16.1% | 6.00% |
| 6 | JPMorgan Chase Bank | B | 1,685 | 1,069 | 8.8% | 5.88% |
| 7 | United Shore Financial Services | B | 1,457 | 1,045 | 13.0% | 6.50% |
| 8 | STAR ONE Credit Union | B | 1,084 | 689 | 23.7% | 6.75% |
| 9 | BMO Bank | F | 1,082 | 503 | 26.7% | 6.13% |
| 10 | HSBC Bank USA | B | 988 | 786 | 1.4% | 5.82% |
| 11 | The Golden 1 | D | 609 | 365 | 20.2% | 5.88% |
| 12 | PNC Bank | D | 608 | 410 | 14.6% | 6.13% |
| 13 | Coastal Community Bank | C | 569 | 99 | 1.9% | 8.74% |
| 14 | Technology Credit Union | B | 512 | 327 | 17.6% | 7.50% |
| 15 | Spring Eq | D | 490 | 126 | 53.5% | 8.18% |
| 16 | Fremont Bank | D | 449 | 268 | 25.4% | 8.25% |
| 17 | Loandepot.Com | D | 448 | 250 | 19.4% | 6.88% |
| 18 | Pennymac Loan Services | C | 447 | 269 | 12.8% | 6.50% |
| 19 | Guaranteed Rate | B | 441 | 206 | 5.9% | 6.50% |
| 20 | Meriwest | B | 428 | 285 | 28.0% | 6.39% |
| 21 | AMWEST Funding | C | 391 | 252 | 5.6% | 6.88% |
| 22 | Broker Solutions | D | 372 | 199 | 5.9% | 6.88% |
| 23 | Googain | A | 369 | 308 | 0.5% | 6.38% |
| 24 | Patelco Credit Union | C | 365 | 155 | 5.8% | 6.25% |
| 25 | Triad Financial Services | D | 364 | 121 | 26.1% | 8.68% |
Best approval odds in Santa Clara County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | AAA Capital Investment | 52 | 0.0% |
| 2 | Longbridge Financial | 53 | 0.0% |
| 3 | New Wave Lending Group | 92 | 0.0% |
| 4 | Nmsi | 154 | 0.0% |
| 5 | General Mortgage Capital | 210 | 0.0% |
| 6 | Conventus | 244 | 0.0% |
| 7 | Googain | 312 | 0.6% |
| 8 | Sun West Mortgage Company | 77 | 1.3% |
| 9 | Provident Credit Union | 136 | 1.5% |
| 10 | HSBC Bank USA | 804 | 1.7% |
What Santa Clara County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Santa Clara County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 27,898 | 16,170 | 17.0% | 6.63% | $645,000 |
| 2024 | 35,668 | 21,200 | 15.5% | 6.63% | $715,000 |
| 2025 | 42,430 | 25,677 | 14.0% | 6.24% | $805,000 |
Frequently asked questions
14.0% of applications in Santa Clara County were denied in 2025, against 17.4% statewide in California.
Wells Fargo Bank, with 3,838 applications in 2025 and a denial rate of 4.5%.
The median mortgage application in Santa Clara County in 2025 was for $805,000; the median property value on originated loans was $1,735,000.