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California Credit Union

GLENDALE, CA

California Credit Union processed 2,636 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,077 loans with a 34.1% denial rate. Home Improvement was the primary loan purpose. Based in GLENDALE, CA. The approval rate of 40.9% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. California Credit Union's 40.9% origination rate tells you how often an application turned into funded money; the 34.1% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Other, Debt-to-income ratio, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (2,635 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

2,636
Applications
1,077
Originated
34.1%
Denial Rate
$360,429
Avg Loan Amount
Avg Interest Rate: 6.553% Avg Applicant Income: $39,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 2,635 1,077 900 $360,427
FHA 1 0 0 $365,000

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for California Credit Union (LEI: 549300I0HE5X0T5OI648) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Other
846
Debt-to-income ratio
28
Credit history
17
Unverifiable information
16
Collateral
4
Insufficient cash
2
Employment history
2
Credit application incomplete
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 1,175 472 $160,396
Home Purchase 789 332 $760,564
Other 400 143 $120,225
Cash-out Refinancing 173 80 $244,422
Refinancing 99 50 $718,838

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 1,374 39.7% 42.9%
Asian 655 49.5% 18.5%
Black or African American 227 31.3% 47.6%
Joint 94 50.0% 33.0%
American Indian or Alaska Native * 22 22.7% 45.5%
2 or more minority races * 9 33.3% 44.4%
Native Hawaiian or Other Pacific Islander * 8 37.5% 50.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,708 44.1% 32.7%
Hispanic or Latino 641 33.2% 45.9%
Joint 96 43.8% 30.2%

Nearby Lenders in CA

Other HMDA-reporting lenders in CA with similar activity. Compare any two side-by-side.

Pennymac Loan Services LLC

WESTLAKE VILLAGE, CA

384,816 apps 67,294 originated 4.7% denied

Bank of America NA

Westlake Village, CA

233,637 apps 83,165 originated 34.6% denied

AmeriHome Mortgage Company, LLC

Thousand Oaks, CA

149,937 apps 6,250 originated 0.8% denied

Loandepot.Com, LLC

IRVINE, CA

142,924 apps 79,418 originated 23.3% denied

New American Funding, LLC.

TUSTIN, CA

118,479 apps 48,639 originated 11.1% denied
Compare California Credit Union vs Pennymac Loan Services LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did California Credit Union process?
California Credit Union processed 2,636 mortgage applications in the 2024 HMDA reporting year. Of these, 1,077 were originated (approved and funded), 328 were withdrawn by the applicant, and 900 were denied.
What is California Credit Union's mortgage approval rate?
California Credit Union has an approval (origination) rate of 40.9%, meaning 40.9% of all applications resulted in a funded mortgage. The denial rate is 34.1%.
What is the average loan amount at California Credit Union?
The average mortgage loan amount at California Credit Union is $360,429. The average interest rate is 6.553%. The average applicant income is $39,000.
What are the most common reasons for mortgage denial at California Credit Union?
The most common reasons for mortgage denial at California Credit Union are: Other, Debt-to-income ratio, Credit history. In total, 900 applications were denied out of 2,636 total applications.
What types of mortgage loans does California Credit Union offer?
California Credit Union processes Conventional, FHA loans. The most common type is Conventional with 2,635 applications and an average loan amount of $360,427.
What loan purposes does California Credit Union serve?
California Credit Union serves the following loan purposes: Home Improvement (1,175 applications), Home Purchase (789 applications), Other (400 applications), Cash-out Refinancing (173 applications), Refinancing (99 applications). Home Improvement is the most common purpose.
Where is California Credit Union located?
California Credit Union is headquartered in GLENDALE, CA. The lender is identified by LEI 549300I0HE5X0T5OI648 in HMDA data.
How does California Credit Union compare in lending across racial demographics?
California Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 39.7% and denial rate of 42.9%; Asian applicants have an approval rate of 49.5% and denial rate of 18.5%; Black or African American applicants have an approval rate of 31.3% and denial rate of 47.6%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

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 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.