Lenders › Navy Federal Credit Union › California
Navy Federal Credit Union in California
HMDA record for properties in California, calendar year 2024. National record · California overview
HMDA data alone cannot be used 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. Cells under 25 applications are withheld.
In California, Navy Federal Credit Union reported 16,560 applications and 7,085 originations for 2024, $1.7bn in all.
Its denial rate in the state was 38.7%, above the California rate of 24.8% across all lenders and compared with the lender's national rate of 34.3%.
The median rate spread on its California originations was 1.4 percentage points (state median 0.4).
Applications in the state were up 11% on 2023.
Compared with the state and the lender's national record
| Measure | In California | California, all lenders | Navy Federal Credit Union, all states | United States |
|---|---|---|---|---|
| Denial rate | 38.7% | 24.8% | 34.3% | 24.3% |
| Median rate spread, pp | 1.4 | 0.4 | 0.9 | 0.3 |
| Originations with spread of 1.5 pp or more | 46.8% | 19.9% | 39.5% | 15.6% |
| Average originated loan | $246k | $566k | $216k | $329k |
| Home purchase share | 19.7% | 51.2% | 37.2% | 57.0% |
| FHA-insured share | 0.0% | 11.4% | 0.0% | 13.4% |
| VA-guaranteed share | 9.1% | 4.8% | 20.8% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateCalifornia, all lenders
Loan purpose and loan type in California
By purpose
Home purchase 20% (1,397)Home improvement 34% (2,379)Refinancing 2% (176)Cash-out refinancing 12% (859)Other purpose 32% (2,274)
By type
Conventional 91% (6,438)VA 9% (647)
Denial reasons as coded
Share of 4,567 denials in California by first denial reason coded (outlined bar: all lenders in the state).
Counties in California
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| San Diego County | 5,241 | 2,345 | $570m | 36.5% |
| Riverside County | 2,988 | 1,220 | $232m | 41.8% |
| Los Angeles County | 2,003 | 759 | $219m | 44.8% |
| San Bernardino County | 1,188 | 461 | $98m | 44.5% |
| Orange County | 955 | 385 | $114m | 38.9% |
| Ventura County | 461 | 215 | $49m | 32.6% |
| Sacramento County | 390 | 182 | $44m | 35.4% |
| Kern County | 376 | 171 | $29m | 33.8% |
| Solano County | 261 | 112 | $26m | 37.0% |
| Contra Costa County | 255 | 111 | $38m | 39.5% |
| Fresno County | 265 | 103 | $22m | 43.9% |
| Alameda County | 186 | 92 | $40m | 29.9% |
| Placer County | 162 | 88 | $19m | 24.6% |
| San Joaquin County | 174 | 80 | $16m | 33.6% |
| Kings County | 166 | 71 | $11m | 37.2% |
| Monterey County | 114 | 58 | $18m | 28.0% |
| Santa Clara County | 116 | 51 | $22m | 30.3% |
| Tulare County | 103 | 48 | $9.8m | 36.4% |
| Stanislaus County | 107 | 47 | $7.9m | 40.0% |
| El Dorado County | 77 | 42 | $15m | 28.3% |
| Imperial County | 93 | 38 | $6.9m | 42.4% |
| Santa Barbara County | 83 | 36 | $14m | 32.8% |
| San Luis Obispo County | 74 | 35 | $11m | 36.4% |
| Sonoma County | 52 | 31 | $11m | 18.4% |
| Madera County | 61 | 24 | $6.4m | 45.7% |
| Yolo County | 45 | 24 | $8.5m | 22.6% |
| San Francisco County | 48 | 21 | $13m | 22.2% |
| San Mateo County | 46 | 18 | $10m | 37.9% |
| Yuba County | 39 | 18 | $4.7m | 41.9% |
| Santa Cruz County | 28 | 18 | $9.3m | — |
| Butte County | 27 | 17 | $3.5m | — |
| Shasta County | 51 | 16 | $2.9m | 42.9% |
| Marin County | 26 | 16 | $12m | — |
| Nevada County | 30 | 15 | $4.1m | — |
| Merced County | 37 | 8 | $460k | — |
| Humboldt County | 25 | 7 | $2.0m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Navy Federal Credit Union originate in California in 2024?
7,085 loans totalling $1.7bn, from 16,560 applications reported for properties in California.
What is Navy Federal Credit Union's denial rate in California?
38.7% of decided applications in California were denied, against 24.8% for all lenders in the state and 34.3% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which California counties does Navy Federal Credit Union lend in most?
By originations: San Diego County (2,345), Riverside County (1,220), Los Angeles County (759), San Bernardino County (461), Orange County (385).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in California. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.