States › California
California mortgage lending
Every HMDA reporter's applications, originations and denial rate for properties in California, with all 58 counties.
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. Record year 2024.
California had 925,692 HMDA-reported mortgage applications and 511,270 originations ($290bn) in 2024, from 613 lenders with at least 25 applications in the state.
The statewide denial rate was 24.8% (national 24.3%) and the median rate spread 0.4 percentage points (national 0.3). Originations ran at 37.7 per 1,000 households, against 48.0 nationally.
Originations in the state went from 848,596 in 2018 to 511,270 in 2024; the denial rate moved from 25.5% to 24.8%.
The most active lenders by originations were United Wholesale Mortgage (55,408), Rocket Mortgage (37,412) and Us Bank, N.A. (16,584).
Most active lenders in California
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | United Wholesale Mortgage | 76,071 | 55,408 | $29bn | 14.2% | 0.2 |
| 2 | Rocket Mortgage | 50,868 | 37,412 | $17bn | 17.9% | 0.4 |
| 3 | Us Bank, N.A. | 34,371 | 16,584 | $11bn | 41.0% | 0.2 |
| 4 | Bank of America NA | 39,285 | 16,248 | $9.3bn | 43.8% | 0.9 |
| 5 | Schoolsfirst FCU | 16,937 | 12,403 | $2.5bn | 13.5% | 0.0 |
| 6 | JPMorgan Chase Bank, NA | 16,675 | 10,826 | $12bn | 11.3% | 0.0 |
| 7 | Loandepot.com, LLC | 16,618 | 9,457 | $4.2bn | 25.3% | 0.2 |
| 8 | Crosscountry Mortgage, LLC | 12,452 | 8,060 | $5.5bn | 1.9% | 0.4 |
| 9 | Spring Eq, LLC | 23,133 | 7,204 | $917m | 63.3% | 3.5 |
| 10 | Navy Federal Credit Union | 16,560 | 7,085 | $1.7bn | 38.7% | 1.4 |
| 11 | Wells Fargo Bank NA | 13,357 | 6,910 | $12bn | 23.1% | -0.2 |
| 12 | Lennar Mortgage, LLC | 9,664 | 6,839 | $3.7bn | 8.1% | -0.6 |
| 13 | Pennymac Loan Services LLC | 12,416 | 6,554 | $3.4bn | 22.2% | 0.3 |
| 14 | Figure Lending LLC | 13,317 | 5,954 | $625m | 29.9% | 3.6 |
| 15 | Ocmbc, Inc. | 9,820 | 5,827 | $3.0bn | 10.3% | 0.7 |
| 16 | Guaranteed Rate, Inc. | 9,122 | 5,392 | $3.3bn | 10.7% | 0.2 |
| 17 | The Loan Store, Inc | 8,696 | 5,326 | $2.3bn | 15.5% | 0.6 |
| 18 | Kind Lending, LLC | 7,590 | 4,887 | $2.1bn | 27.5% | 0.3 |
| 19 | Citibank, NA | 9,585 | 4,689 | $6.4bn | 19.3% | -0.2 |
| 20 | BMO Harris Bank NA | 11,204 | 4,641 | $4.5bn | 42.8% | 0.1 |
| 21 | The Golden 1 Credit Union | 8,298 | 4,443 | $1.4bn | 38.1% | 1.0 |
| 22 | New American Funding, LLC. | 10,928 | 4,425 | $2.0bn | 18.6% | 0.6 |
| 23 | Newrez LLC | 12,838 | 4,336 | $1.8bn | 38.8% | 0.6 |
| 24 | Guild Mortgage Company | 5,978 | 4,178 | $1.7bn | 3.9% | 0.3 |
| 25 | American Pacific Mortgage Corporation | 5,765 | 4,015 | $2.0bn | 8.3% | 0.4 |
| 26 | AmWest Funding Corp | 6,507 | 3,834 | $2.1bn | 12.2% | 1.2 |
| 27 | CMG Mortgage Inc | 5,943 | 3,764 | $2.3bn | 7.9% | 0.2 |
| 28 | Paramount Residential Mortgage | 5,586 | 3,676 | $1.6bn | 3.0% | 0.4 |
| 29 | Nationstar Mortgage | 6,473 | 3,658 | $902m | 26.1% | 3.2 |
| 30 | PNC Bank N.A. | 6,710 | 3,507 | $3.7bn | 31.3% | 0.5 |
| 31 | Flagstar Bank NA | 6,403 | 3,423 | $1.7bn | 33.1% | 0.3 |
| 32 | Golden Empire Mortgage, Inc. | 4,420 | 3,227 | $1.2bn | 7.9% | 0.3 |
| 33 | Freedom Mortgage Corporation | 7,421 | 3,071 | $1.5bn | 18.9% | -0.0 |
| 34 | Discover Bank | 19,148 | 3,059 | $325m | 76.2% | 2.0 |
| 35 | Kiavi Funding, Inc. | 3,958 | 3,044 | $2.0bn | 8.0% | — |
| 36 | DHI Mortgage Company, LTD. | 3,761 | 2,960 | $1.4bn | 7.1% | -0.8 |
| 37 | Fairway Independent Mort Corp | 3,867 | 2,807 | $1.3bn | 7.2% | 0.4 |
| 38 | East West Bank | 3,960 | 2,763 | $1.9bn | 10.5% | 0.4 |
| 39 | Coastal Community Bank | 12,826 | 2,700 | $250m | 3.1% | 3.7 |
| 40 | Sierra Pacific Mortgage Co. Inc | 3,569 | 2,570 | $1.1bn | 13.3% | 0.3 |
| 41 | HomeBridge Financial Services, Inc | 4,498 | 2,544 | $758m | 27.9% | 2.2 |
| 42 | Kbhs Home Loans, LLC | 3,668 | 2,467 | $1.3bn | 6.9% | -0.2 |
| 43 | Third Federal Savings and Loan | 5,297 | 2,425 | $398m | 46.0% | -0.4 |
| 44 | Change Lending, LLC | 3,889 | 2,285 | $1.5bn | 11.3% | 0.6 |
| 45 | Movement Mortgage, LLC | 3,518 | 2,261 | $1.4bn | 7.8% | 0.3 |
| 46 | Finance of America Reverse LLC | 3,201 | 2,251 | $1.1bn | 10.2% | — |
| 47 | Logix Federal Credit Union | 3,511 | 2,157 | $452m | 24.8% | 0.9 |
| 48 | Nmsi, Inc. | 2,132 | 2,132 | $1.4bn | 0.0% | 0.2 |
| 49 | New Wave Lending Group Inc | 3,091 | 2,089 | $1.4bn | 0.4% | 0.7 |
| 50 | Alameda Mortgage Corporation | 2,920 | 2,066 | $757m | 2.5% | 0.4 |
| 51 | Redwood Credit Union | 3,494 | 2,060 | $600m | 25.8% | 0.9 |
| 52 | Patelco Credit Union | 4,002 | 2,054 | $705m | 25.1% | 0.9 |
| 53 | Mortgage Research Center | 4,812 | 2,038 | $1.0bn | 29.6% | -0.3 |
| 54 | Morgan Stanley Private Bank NA | 2,700 | 1,989 | $2.7bn | 5.6% | -0.4 |
| 55 | HSBC Bank USA, NA | 2,652 | 1,951 | $3.0bn | 3.5% | -0.2 |
| 56 | California Coast Credit Union | 2,447 | 1,920 | $269m | 13.1% | 0.4 |
| 57 | Wescom Central Credit Union | 3,827 | 1,900 | $437m | 35.1% | 1.0 |
| 58 | Fremont Bank | 3,203 | 1,885 | $650m | 30.9% | 1.1 |
| 59 | Mega Capital Funding, Inc. | 1,766 | 1,700 | $1.0bn | 0.1% | 0.3 |
| 60 | American Financial Network, Inc. | 2,718 | 1,664 | $873m | 11.8% | 0.5 |
Top 60 of 613 lenders with at least 25 applications in the state, by originations. 442 lenders have 100 or more applications here and link to a state-specific page.
Compared with the nation
| Measure | California | United States |
|---|---|---|
| Denial rate | 24.8% | 24.3% |
| Median rate spread, pp | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 19.9% | 15.6% |
| Average originated loan | $566k | $329k |
| Originations per 1,000 households | 37.7 | 48.0 |
| Home purchase share of originations | 51.2% | 57.0% |
| FHA-insured share | 11.4% | 13.4% |
| VA-guaranteed share | 4.8% | 7.9% |
Trend, 2018–2024
ApplicationsOriginations
CaliforniaUnited States
FHA share of originationsVA share
| Year | Applications | Originations | Amount | Denial rate | FHA | VA | Refinance share |
|---|---|---|---|---|---|---|---|
| 2018 | 1,483,939 | 848,596 | $378bn | 25.5% | 9.9% | 5.3% | 40.2% |
| 2019 | 1,872,955 | 1,147,003 | $554bn | 19.7% | 9.9% | 7.1% | 56.6% |
| 2020 | 3,083,432 | 1,977,934 | $917bn | 14.4% | 6.1% | 7.4% | 75.1% |
| 2021 | 3,056,553 | 1,991,754 | $1011bn | 14.0% | 5.7% | 5.7% | 71.0% |
| 2022 | 1,407,029 | 803,567 | $463bn | 22.5% | 8.3% | 4.5% | 39.4% |
| 2023 | 798,864 | 433,460 | $232bn | 26.6% | 11.7% | 4.1% | 20.9% |
| 2024 | 925,692 | 511,270 | $290bn | 24.8% | 11.4% | 4.8% | 28.2% |
Yearly figures from the HMDA Data Browser aggregations for the state (all reporters).
Loan purpose and loan type, 2024
By purpose
Home purchase 51% (261,993)Home improvement 10% (52,428)Refinancing 12% (62,335)Cash-out refinancing 16% (81,736)Other purpose 10% (52,330)
By type
Conventional 84% (428,026)FHA 11% (58,251)VA 5% (24,692)USDA 0% (301)
Counties
| County | Applications | Originations | Per 1,000 households | Denial rate | Median spread | Lenders |
|---|---|---|---|---|---|---|
| Los Angeles County | 181,579 | 95,267 | 27.9 | 27.1% | 0.5 | 359 |
| Riverside County | 88,199 | 47,348 | 61.1 | 26.2% | 0.4 | 250 |
| San Diego County | 85,412 | 46,847 | 40.0 | 24.7% | 0.3 | 236 |
| Orange County | 68,696 | 39,226 | 36.2 | 22.9% | 0.4 | 223 |
| San Bernardino County | 64,129 | 33,647 | 49.9 | 27.4% | 0.5 | 227 |
| Sacramento County | 45,146 | 26,134 | 45.8 | 22.9% | 0.4 | 181 |
| Santa Clara County | 35,668 | 21,200 | 32.2 | 19.7% | -0.0 | 149 |
| Alameda County | 33,553 | 19,303 | 32.3 | 21.4% | 0.1 | 156 |
| Contra Costa County | 31,111 | 17,828 | 43.0 | 23.4% | 0.3 | 155 |
| Kern County | 25,014 | 13,663 | 48.0 | 25.3% | 0.5 | 123 |
| San Joaquin County | 23,897 | 13,044 | 53.2 | 25.3% | 0.3 | 132 |
| Fresno County | 24,174 | 13,027 | 40.1 | 28.1% | 0.4 | 108 |
| Ventura County | 19,523 | 11,032 | 39.3 | 24.2% | 0.4 | 125 |
| Placer County | 16,397 | 10,053 | 63.6 | 20.1% | 0.3 | 104 |
| Solano County | 13,698 | 7,701 | 48.9 | 24.3% | 0.4 | 93 |
| San Mateo County | 12,419 | 7,577 | 28.7 | 20.1% | 0.1 | 77 |
| Stanislaus County | 13,340 | 7,280 | 40.9 | 26.8% | 0.5 | 88 |
| Sonoma County | 11,328 | 6,738 | 35.3 | 20.4% | 0.5 | 80 |
| San Francisco County | 10,485 | 6,254 | 17.2 | 19.9% | 0.1 | 70 |
| Tulare County | 10,431 | 5,725 | 40.0 | 26.7% | 0.4 | 72 |
| Santa Barbara County | 8,234 | 4,538 | 30.3 | 25.1% | 0.4 | 68 |
| San Luis Obispo County | 7,305 | 4,269 | 39.0 | 23.7% | 0.4 | 56 |
| El Dorado County | 6,974 | 4,076 | 53.5 | 22.1% | 0.4 | 56 |
| Monterey County | 7,162 | 3,819 | 28.8 | 27.2% | 0.4 | 61 |
| Merced County | 6,383 | 3,458 | 40.2 | 25.5% | 0.4 | 58 |
| Marin County | 5,587 | 3,367 | 32.7 | 21.3% | 0.3 | 42 |
| Madera County | 5,590 | 3,121 | 68.8 | 26.4% | 0.3 | 48 |
| Shasta County | 5,581 | 3,097 | 43.5 | 23.4% | 0.6 | 49 |
| Butte County | 4,973 | 2,842 | 34.1 | 23.0% | 0.4 | 48 |
| Yolo County | 4,363 | 2,713 | 35.4 | 19.7% | 0.3 | 39 |
| Santa Cruz County | 4,686 | 2,704 | 27.9 | 23.0% | 0.4 | 40 |
| Kings County | 3,910 | 2,232 | 50.7 | 24.5% | 0.3 | 41 |
| Nevada County | 3,620 | 2,109 | 49.2 | 22.6% | 0.5 | 34 |
| Yuba County | 3,115 | 1,824 | 63.7 | 22.7% | 0.3 | 33 |
| Napa County | 3,176 | 1,808 | 36.3 | 24.5% | 0.4 | 31 |
| Imperial County | 3,165 | 1,725 | 34.7 | 27.2% | 0.5 | 34 |
| Sutter County | 2,261 | 1,287 | 38.7 | 25.5% | 0.5 | 25 |
| San Benito County | 1,996 | 1,139 | 55.4 | 23.9% | 0.3 | 20 |
| Humboldt County | 2,110 | 1,133 | 20.6 | 27.1% | 0.5 | 21 |
| Lake County | 2,200 | 1,102 | 40.9 | 29.5% | 0.6 | 25 |
| Calaveras County | 2,009 | 1,101 | 59.7 | 25.8% | 0.6 | 21 |
| Tuolumne County | 1,763 | 970 | 42.8 | 25.6% | 0.6 | 14 |
| Tehama County | 1,724 | 939 | 37.9 | 25.8% | 0.7 | 17 |
| Amador County | 1,502 | 840 | 52.2 | 25.8% | 0.5 | 13 |
| Mendocino County | 1,514 | 820 | 23.5 | 26.9% | 0.5 | 16 |
| Siskiyou County | 1,014 | 538 | 28.2 | 26.0% | 0.6 | 9 |
| Plumas County | 623 | 374 | 46.4 | 21.1% | 0.6 | 4 |
| Mono County | 637 | 369 | 64.2 | 22.1% | 0.5 | 4 |
| Del Norte County | 636 | 327 | 34.3 | 27.6% | 0.7 | 7 |
| Glenn County | 570 | 318 | 32.4 | 25.4% | 0.5 | 5 |
| Lassen County | 622 | 310 | 33.5 | 25.7% | 0.7 | 4 |
| Mariposa County | 570 | 283 | 37.7 | 29.4% | 0.7 | 3 |
| Colusa County | 363 | 193 | 25.7 | 30.8% | 0.4 | 1 |
| Inyo County | 344 | 180 | 22.4 | 23.3% | 0.6 | 1 |
| Trinity County | 284 | 148 | 26.5 | 27.4% | 0.6 | 0 |
| Modoc County | 155 | 70 | 21.4 | 33.9% | 0.8 | 0 |
| Sierra County | 90 | 49 | 40.2 | 31.1% | 0.6 | 0 |
| Alpine County | 60 | 35 | 80.5 | 20.8% | 0.8 | 0 |
By originations. Lenders: those with at least 25 applications in the county.
VA-guaranteed loans by month
VA publishes lender volume nationally, not by state; see the Aug 2026 VA lender table and the monthly series. The VA-guaranteed share of California originations by year is charted above from HMDA.
Questions and answers
Which mortgage lenders are most active in California?
By 2024 originations: United Wholesale Mortgage (55,408), Rocket Mortgage (37,412), Us Bank, N.A. (16,584), Bank of America NA (16,248), Schoolsfirst FCU (12,403). 613 lenders had at least 25 applications in the state.
What is the mortgage denial rate in California?
24.8% of decided applications were denied in 2024, against 24.3% nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
How has mortgage lending in California changed since 2018?
Originations went from 848,596 in 2018 to 511,270 in 2024; the denial rate moved from 25.5% to 24.8%.
Where does this data come from?
From the public HMDA loan/application register (FFIEC and CFPB) for 2024, the HMDA Data Browser aggregations for 2018–2024, and Census Bureau household estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 and Data Browser aggregations 2018–2024 (FFIEC and CFPB, public domain); households from the Census Bureau ACS 2024 five-year estimates. Built 30 Sep 2026; data through 1 Aug 2026.