Lender in California · HMDA 2025
Summit Funding, Inc. mortgages in California
Summit Funding, Inc.'s 2025 home-purchase and refinance lending in California, compared with all lenders in the state.
Summit Funding, Inc. originated 664 owner-occupied single-family loans in California from 731 completed applications.
Its median conventional purchase loan costs were $10,130 versus $7,920 for all California lenders, at a median 30-year fixed rate of 6.875% (California: 6.625%).
Loans in CA
664
of 731 applications
Denial rate
4.8%
Purchase · CA 8.9%
Rate spread
+0.45 pts
Conv. · CA +0.09 pts
Loan amount
$405,000
Purchase · CA $575,000
By loan purpose
| Purpose | Applications | Loans | Denial rate | 30-yr rate* | Rate spread* | Loan costs* | Median loan |
|---|---|---|---|---|---|---|---|
| Home purchase | 626 | 590 | 4.8% | 6.875% | +0.45 pts | $10,130 | $405,000 |
| Refinance | 49 | 39 | 18.4% | 6.500% | +0.28 pts | $9,960 | $415,000 |
| Cash-out refinance | 56 | 35 | 37.5% | 7.125% | +0.67 pts | $11,280 | $395,000 |
*Conventional loans only; medians with at least 20 loans.
California counties where Summit Funding, Inc. ranks in the top 25
| County | Rank | Loans | Market share |
|---|---|---|---|
| Trinity County | 3 | 5 | 6.0% |
| Shasta County | 4 | 138 | 7.0% |
| Humboldt County | 4 | 56 | 6.5% |
| Siskiyou County | 4 | 15 | 4.0% |
| Calaveras County | 6 | 18 | 3.0% |
| Lassen County | 6 | 13 | 5.3% |
| Tehama County | 7 | 16 | 3.1% |
| Del Norte County | 8 | 4 | 2.3% |
| Modoc County | 8 | 1 | 2.3% |
| Plumas County | 9 | 3 | 1.6% |
| Monterey County | 10 | 49 | 2.2% |
| Amador County | 11 | 11 | 2.2% |
| San Joaquin County | 18 | 107 | 1.3% |
Source: FFIEC/CFPB HMDA 2025 public LAR. Statistical profile, not a review or offer. Methodology