Name of the lender

Obsidian Financial Services in CaliforniaMortgage rates, total loan costs and denial rate for homes in California, 2025

HMDA year2025

StateCalifornia

Head office: Melbourne, FL
Reporting agency: Consumer Financial Protection Bureau (CFPB)
Legal Entity Identifier (LEI)

All states of this lender

Obsidian Financial Services reported 118 applications for homes in California in the HMDA data of 2025.

It originated 88 loans in the state in 2025, for $59.6 million in total.

The median interest rate of these loans in 2025 was 6.625%, and the median of all lenders in California was 6.375%.

The median total loan costs in 2025 were $18,579, and the state median was $8,053.

It denied 0.0% of the applications that it decided in the state in 2025, and the state denial rate was 22.4%.

Filed figures of Obsidian Financial Services in California, 2025
Figure	In CA	Lender, all states	CA, all lenders
Applications	118	848	1,018,191
Loans originated	88	654	572,268
Median interest rate	6.625%	6.750%	6.375%
Median total loan costs	$18,579	$15,613	$8,053
Denial rate	0.0%	0.6%	22.4%

HMDA data are generally not used alone to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions.
The words of the Consumer Financial Protection Bureau (CFPB). Source: Consumer Financial Protection Bureau, Summary of 2023 Data on Mortgage Lending (11 July 2024), copied on 2 Oct 2026. The figures on this page are from the HMDA data of 2025, the snapshot dataset.

PricingMedians of 2025 loans in CA

Pricing medians of Obsidian Financial Services in California, 2025Each value has the median of all lenders in California under it.
Loans	Loans in the medians	Interest rate	Total loan costs	Origination charges	Discount points, of the loans with points	Lender credits, of the loans with credits	Rate spread, points
All loans in CA	88	6.625%CA 6.375%	$18,579CA $8,053	$8,109CA $2,357	$5,327CA $3,758	$41CA $1,535	0.867CA 0.082

Medians are for originated closed-end loans with a first lien. Reverse mortgages, open-end lines of credit and loans for a business purpose are not in the medians. A median needs 20 loans.

The median rate spread was 0.867 percentage points above the average prime offer rate. On a loan of $300,000, that is about $2,601 more a year, or $217 more a month.

The dollar amount is a simple interest approximation: the rate spread times the full loan amount for one year. The balance of a loan decreases with each payment, and an APR includes some fees, so the amount for a real loan is different.

Action taken and loan types

Records in California by the action taken
Action taken	Records	Share
1Loan originated	88	72.7%
2Application approved but not accepted	1	0.8%
3Application denied	0	0.0%
4Application withdrawn by applicant	27	22.3%
5File closed for incompleteness	2	1.7%
6Purchased loan	0	0.0%
7Preapproval request denied	0	0.0%
8Preapproval request approved but not accepted	3	2.5%

Applications in California by loan type
Loan type	Applications	Loans originated	Denial rate
Conventional	55	38	0.0%
FHA-insured	53	43	0.0%
VA-guaranteed	10	7	n/a

Counties in California

Counties of Obsidian Financial Services in California with 25 applications or more, 2025In order of the names.
County	Applications	Loans originated	Amount	Denial rate
Los Angeles County	31	26	$18.5 million	0.0%
San Bernardino County	25	16	$8.6 million	n/a

Figures by year

Obsidian Financial Services in California by HMDA year"n/a" shows a year with fewer than 25 applications in the state.
Year	Applications	Loans originated	Amount	Median interest rate	Median total loan costs	Denial rate
2025	118	88	$59.6 million	6.625%	$18,579	0.0%
2024	n/a	n/a	n/a	n/a	n/a	n/a
2023	n/a	n/a	n/a	n/a	n/a	n/a
2022	n/a	n/a	n/a	n/a	n/a	n/a

Official channelsLinks checked 2 Oct 2026

HMDA Data Browser (FFIEC and CFPB)The HMDA records of this lender in this state, with a CSV download.
Submit a complaint (Consumer Financial Protection Bureau)The CFPB form for a complaint about a mortgage or a lender.

Cite this page

Page: Lender Register, "Obsidian Financial Services in California, 2025", https://lenderregister.com/lender/254900j2rkttdjsuwd76-obsidian-financial-services/ca/
Source: Federal Financial Institutions Examination Council and Consumer Financial Protection Bureau, Home Mortgage Disclosure Act data, 2025
Data date: HMDA year 2025. Page made 2 Oct 2026.

Provenance

The figures come from the public HMDA loan/application register of 2022 to 2025. They are the records of this LEI for homes in California. This site withholds a figure with fewer than 25 applications. Method of the figures. Terms. Report an error.

Questions

What share of the loans of Obsidian Financial Services were in California in 2025?: 88 of its loans originated, out of 654 in all states. That is 13.5%.
In which counties of California did Obsidian Financial Services originate the most loans in 2025?: The three with the most loans were Los Angeles County (26) and San Bernardino County (16).
Which loan types did Obsidian Financial Services originate in California in 2025?: 38 conventional, 43 FHA and 7 VA.
What share of the applications in California did Obsidian Financial Services report in 2025?: 0.0%: 118 out of 1,018,191 applications of all lenders in the state.