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Community Mortgage Funding, LLC

Pomona, CA

Community Mortgage Funding, LLC processed 398 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 129 loans with a 2.5% denial rate. Home Purchase was the primary loan purpose. Based in Pomona, CA. The approval rate of 32.4% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Community Mortgage Funding, LLC's 32.4% origination rate tells you how often an application turned into funded money; the 2.5% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (334 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.

398
Applications
129
Originated
2.5%
Denial Rate
$412,990
Avg Loan Amount
Avg Interest Rate: 7.905% Avg Applicant Income: $40,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 334 121 10 $424,551
FHA 61 7 0 $344,508
VA 3 1 0 $518,333

Top loan types - Community Mortgage Funding, LLC

Top loan types - Community Mortgage Funding, LLC Horizontal bar chart of the top 3 items by value (applications). Top loan types - Community Mortgage Funding, LLC Top 3 1. Conventional 334 2. FHA 61 3. VA 3 Top 5 loan types by application volume at Community Mortgage Funding, LLC (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Community Mortgage Funding, LLC (LEI: 549300SWHFQY2F7RN335) · 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

Credit history
6
Debt-to-income ratio
2
Collateral
1
Employment history
1
Other
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 351 106 $421,040
Cash-out Refinancing 39 20 $347,821
Refinancing 7 2 $399,286
Other 1 1 $225,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 211 44.5% 2.4%
Black or African American * 17 29.4% 0.0%
Asian * 14 7.1% 0.0%
Joint * 3 66.7% 0.0%
2 or more minority races * 1 0.0% 0.0%
American Indian or Alaska Native * 1 0.0% 0.0%
Native Hawaiian or Other Pacific Islander * 1 0.0% 0.0%

* 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 123 44.7% 1.6%
Hispanic or Latino 112 39.3% 2.7%
Joint * 6 33.3% 0.0%

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

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 Community Mortgage Funding, LLC vs Pennymac Loan Services LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Community Mortgage Funding, LLC process?
Community Mortgage Funding, LLC processed 398 mortgage applications in the 2024 HMDA reporting year. Of these, 129 were originated (approved and funded), 18 were withdrawn by the applicant, and 10 were denied.
What is Community Mortgage Funding, LLC's mortgage approval rate?
Community Mortgage Funding, LLC has an approval (origination) rate of 32.4%, meaning 32.4% of all applications resulted in a funded mortgage. The denial rate is 2.5%.
What is the average loan amount at Community Mortgage Funding, LLC?
The average mortgage loan amount at Community Mortgage Funding, LLC is $412,990. The average interest rate is 7.905%. The average applicant income is $40,000.
What are the most common reasons for mortgage denial at Community Mortgage Funding, LLC?
The most common reasons for mortgage denial at Community Mortgage Funding, LLC are: Credit history, Debt-to-income ratio, Collateral. In total, 10 applications were denied out of 398 total applications.
What types of mortgage loans does Community Mortgage Funding, LLC offer?
Community Mortgage Funding, LLC processes Conventional, FHA, VA loans. The most common type is Conventional with 334 applications and an average loan amount of $424,551.
What loan purposes does Community Mortgage Funding, LLC serve?
Community Mortgage Funding, LLC serves the following loan purposes: Home Purchase (351 applications), Cash-out Refinancing (39 applications), Refinancing (7 applications), Other (1 applications). Home Purchase is the most common purpose.
Where is Community Mortgage Funding, LLC located?
Community Mortgage Funding, LLC is headquartered in Pomona, CA. The lender is identified by LEI 549300SWHFQY2F7RN335 in HMDA data.
How does Community Mortgage Funding, LLC compare in lending across racial demographics?
Community Mortgage Funding, LLC reports demographic lending data under HMDA requirements. White applicants have an approval rate of 44.5% and denial rate of 2.4%; Black or African American applicants have an approval rate of 29.4% and denial rate of 0.0%; Asian applicants have an approval rate of 7.1% and denial rate of 0.0%. 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.