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First Nations Home Finance Corporation

SAN DIEGO, CA

First Nations Home Finance Corporation processed 234 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 168 loans with a 9.0% denial rate. Home Purchase was the primary loan purpose. Based in SAN DIEGO, CA. The approval rate of 71.8% 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. First Nations Home Finance Corporation's 71.8% origination rate tells you how often an application turned into funded money; the 9.0% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Collateral, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (142 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.

234
Applications
168
Originated
9.0%
Denial Rate
$351,581
Avg Loan Amount
Avg Interest Rate: 6.603% Avg Applicant Income: $39,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 142 107 10 $362,676
USDA 35 23 5 $268,143
FHA 33 23 4 $381,061
VA 24 15 2 $367,083

Top loan types - First Nations Home Finance Corporation

Top loan types - First Nations Home Finance Corporation Horizontal bar chart of the top 4 items by value (applications). Top loan types - First Nations Home Finance Corporation Top 4 1. Conventional 142 2. USDA 35 3. FHA 33 4. VA 24 Top 5 loan types by application volume at First Nations Home Finance Corporation (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 First Nations Home Finance Corporation (LEI: 549300LHJR6FIWIU8E25) · 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

Debt-to-income ratio
13
Collateral
3
Credit history
2
Other
2
Insufficient cash
1
Unverifiable information
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 189 138 $374,365
Cash-out Refinancing 39 25 $260,897
Refinancing 6 5 $223,333

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 189 72.0% 9.5%
Asian * 13 69.2% 15.4%
Joint * 9 77.8% 0.0%
Black or African American * 7 42.9% 14.3%
American Indian or Alaska Native * 2 50.0% 0.0%
Native Hawaiian or Other Pacific Islander * 2 100.0% 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 172 72.1% 9.3%
Hispanic or Latino * 42 66.7% 9.5%
Joint * 10 80.0% 10.0%

* 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 First Nations Home Finance Corporation vs Pennymac Loan Services LLC →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did First Nations Home Finance Corporation process?
First Nations Home Finance Corporation processed 234 mortgage applications in the 2024 HMDA reporting year. Of these, 168 were originated (approved and funded), 26 were withdrawn by the applicant, and 21 were denied.
What is First Nations Home Finance Corporation's mortgage approval rate?
First Nations Home Finance Corporation has an approval (origination) rate of 71.8%, meaning 71.8% of all applications resulted in a funded mortgage. The denial rate is 9.0%.
What is the average loan amount at First Nations Home Finance Corporation?
The average mortgage loan amount at First Nations Home Finance Corporation is $351,581. The average interest rate is 6.603%. The average applicant income is $39,000.
What are the most common reasons for mortgage denial at First Nations Home Finance Corporation?
The most common reasons for mortgage denial at First Nations Home Finance Corporation are: Debt-to-income ratio, Collateral, Credit history. In total, 21 applications were denied out of 234 total applications.
What types of mortgage loans does First Nations Home Finance Corporation offer?
First Nations Home Finance Corporation processes Conventional, USDA, FHA, VA loans. The most common type is Conventional with 142 applications and an average loan amount of $362,676.
What loan purposes does First Nations Home Finance Corporation serve?
First Nations Home Finance Corporation serves the following loan purposes: Home Purchase (189 applications), Cash-out Refinancing (39 applications), Refinancing (6 applications). Home Purchase is the most common purpose.
Where is First Nations Home Finance Corporation located?
First Nations Home Finance Corporation is headquartered in SAN DIEGO, CA. The lender is identified by LEI 549300LHJR6FIWIU8E25 in HMDA data.
How does First Nations Home Finance Corporation compare in lending across racial demographics?
First Nations Home Finance Corporation reports demographic lending data under HMDA requirements. White applicants have an approval rate of 72.0% and denial rate of 9.5%; Asian applicants have an approval rate of 69.2% and denial rate of 15.4%; Joint applicants have an approval rate of 77.8% 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.