Lenders › Newrez LLC › California
Newrez LLC 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.
Newrez LLC's 2024 HMDA record for California covers 12,838 applications, 4,336 of them originated, worth $1.8bn.
Its denial rate in the state was 38.8%, above the California rate of 24.8% across all lenders and compared with the lender's national rate of 35.0%.
The median rate spread on its California originations was 0.6 percentage points (state median 0.4).
Applications in the state were up 85% on 2023.
Compared with the state and the lender's national record
| Measure | In California | California, all lenders | Newrez LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 38.8% | 24.8% | 35.0% | 24.3% |
| Median rate spread, pp | 0.6 | 0.4 | 0.5 | 0.3 |
| Originations with spread of 1.5 pp or more | 30.8% | 19.9% | 20.7% | 15.6% |
| Average originated loan | $424k | $566k | $307k | $329k |
| Home purchase share | 45.5% | 51.2% | 51.0% | 57.0% |
| FHA-insured share | 12.8% | 11.4% | 18.4% | 13.4% |
| VA-guaranteed share | 11.4% | 4.8% | 16.4% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateCalifornia, all lenders
Loan purpose and loan type in California
By purpose
Home purchase 46% (1,974)Refinancing 12% (505)Cash-out refinancing 43% (1,856)Other purpose 0% (1)
By type
Conventional 76% (3,280)FHA 13% (556)VA 11% (496)USDA 0% (4)
Denial reasons as coded
Share of 2,796 denials in California by first denial reason coded (outlined bar: all lenders in the state).
Counties in California
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Los Angeles County | 2,456 | 634 | $296m | 50.9% |
| San Diego County | 1,237 | 547 | $314m | 28.4% |
| Riverside County | 1,298 | 426 | $166m | 40.4% |
| San Bernardino County | 1,019 | 310 | $98m | 43.2% |
| Sacramento County | 669 | 242 | $75m | 31.6% |
| Orange County | 673 | 207 | $119m | 43.9% |
| Ventura County | 370 | 179 | $97m | 22.6% |
| Sonoma County | 289 | 165 | $78m | 18.5% |
| Butte County | 263 | 147 | $48m | 15.9% |
| Kern County | 394 | 131 | $37m | 39.3% |
| Solano County | 308 | 118 | $45m | 32.2% |
| San Joaquin County | 362 | 115 | $37m | 41.0% |
| Contra Costa County | 396 | 114 | $53m | 44.5% |
| Fresno County | 324 | 112 | $25m | 37.1% |
| Tulare County | 268 | 103 | $27m | 30.0% |
| Alameda County | 284 | 86 | $46m | 45.0% |
| Placer County | 193 | 79 | $34m | 31.9% |
| Santa Clara County | 264 | 78 | $48m | 43.5% |
| Stanislaus County | 188 | 54 | $12m | 44.0% |
| Santa Barbara County | 128 | 37 | $12m | 47.2% |
| El Dorado County | 95 | 33 | $13m | 40.0% |
| Marin County | 64 | 29 | $19m | 14.7% |
| San Luis Obispo County | 96 | 28 | $10m | 37.8% |
| Yolo County | 74 | 25 | $9.1m | 38.1% |
| Humboldt County | 48 | 23 | $6.8m | 17.9% |
| San Mateo County | 88 | 22 | $14m | 46.3% |
| Monterey County | 82 | 22 | $11m | 43.6% |
| Shasta County | 75 | 21 | $6.3m | 35.3% |
| Kings County | 72 | 21 | $4.8m | 34.4% |
| Napa County | 40 | 20 | $8.8m | 19.2% |
| Merced County | 80 | 18 | $4.3m | 55.0% |
| Nevada County | 37 | 17 | $6.9m | — |
| San Francisco County | 65 | 16 | $11m | 50.0% |
| Tehama County | 45 | 16 | $4.0m | — |
| Madera County | 44 | 15 | $3.9m | — |
| Lake County | 36 | 15 | $4.5m | — |
| Imperial County | 60 | 14 | $2.0m | — |
| Yuba County | 40 | 14 | $3.6m | 40.0% |
| Santa Cruz County | 67 | 13 | $8.8m | 59.4% |
| Calaveras County | 44 | 11 | $3.4m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Newrez LLC originate in California in 2024?
4,336 loans totalling $1.8bn, from 12,838 applications reported for properties in California.
What is Newrez LLC's denial rate in California?
38.8% of decided applications in California were denied, against 24.8% for all lenders in the state and 35.0% 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 Newrez LLC lend in most?
By originations: Los Angeles County (634), San Diego County (547), Riverside County (426), San Bernardino County (310), Sacramento County (242).
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.