San Luis Obispo County
California · FIPS 06079
According to CFPB HMDA 2024 application volume among U.S. counties, San Luis Obispo County ranks #352 of 3,210, and #22 of 58 in California.
Mortgage lending activity in San Luis Obispo County, California based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. San Luis Obispo County, California saw 8,034 HMDA-reported mortgage applications in 2024. Lenders originated 4,193 of those loans and denied 1,398, producing a denial rate of 17.4% and an approval (origination) rate of 52.2%. The average loan amount was $468,880 at an average note rate of 7.46%, with applicants self-reporting average annual income of $39K. 310 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 12.0x, meaning typical borrowers took on mortgages of about 12.0 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in San Luis Obispo County
In San Luis Obispo County, lead originator United Wholesale Mortgage funded only 10.5% of 4,193 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 27.1% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to San Luis Obispo County's 8,034 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to San Luis Obispo County's $468,880 average loan (deduped against volume peers).
Lenders active in San Luis Obispo County
United Wholesale Mortgage funded 442 of the 4,193 loans originated in San Luis Obispo County, 10.5% of the county. 310 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | United Wholesale Mortgage | 442 | 10.5% |
| 2 | Guaranteed Rate, INC. | 358 | 8.5% |
| 3 | Sesloc Credit Union | 335 | 8.0% |
| 4 | Rocket Mortgage | 229 | 5.5% |
| 5 | Coastal Funding SLC, Inc. | 181 | 4.3% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for San Luis Obispo County borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This San Luis Obispo County page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.