Los Angeles County mortgage cost report

Read this before you read a single number. These are medians of loans that already closed — they are not quotes, not offers, and not a prediction of your rate. Your own rate depends on your credit, your loan size, whether you pay discount points, and the market on the day you lock. No lender named here paid for, reviewed, or influenced this report — every figure comes from public HMDA filings, and lenders appear or rank only as the public data dictates. Nothing here is a loan offer, a rate quote, credit advice, or financial advice.

Los Angeles County at a glance

Across the 14 lenders in this dataset, 13,240 home-purchase loans closed in Los Angeles County in 2025 that match the cohort below. Here is what those loans looked like.

Loan type	Loans in this dataset	Median note rate	Typical range (25th–75th)
Conventional	10,490	6.500%	6.125% – 6.875%
FHA	2,247	6.125%	5.750% – 6.499%
VA	501	6.072%	5.750% – 6.250%

This counts loans closed by the lenders in this dataset only. It is not the county's total, and nothing here supports a market-share claim.

Conventional — what each lender actually charged in Los Angeles County 14 lenders · 4.990% to 6.999%

Lender	Loans closed here	Median rate	Typical range (25th–75th)	Median total loan costs	Paid points	Got a credit
LENNAR MORTGAGE, LLCLEI 549300H3IZO24NSOO931	229	4.990%	4.250% – 6.125%	$6,779	75.5%median $12,530	28.4%median $103
Bank of America, National AssociationLEI B4TYDEB6GKMZO031MB27	541	5.875%	5.500% – 6.375%	$8,955	37.9%median $2,517	59.1%median $1,236
Wells Fargo Bank, National AssociationLEI KB1H1DSPRFMYMCUFXT09	646	5.875%	5.375% – 6.250%	$11,488	15.9%median $2,550	92.4%median $1,397
U.S. Bank National AssociationLEI 6BYL5QZYBDK8S7L73M02	747	6.125%	5.875% – 6.500%	$8,652	33.1%median $1,687	90.6%median $1,372
JPMorgan Chase Bank, National AssociationLEI 7H6GLXDRUGQFU57RNE97	1,033	6.365%	5.875% – 6.625%	$6,696	52.5%median $3,648	24.1%median $510
Loandepot.Com, LLCLEI 549300AG64NHILB7ZP05	298	6.575%	6.125% – 6.875%	$8,470	52%median $6,463	45%median $227
PENNYMAC LOAN SERVICES, LLCLEI RVDPPPGHCGZ40J4VQ731	516	6.624%	6.375% – 6.875%	$11,553	36.8%median $4,465	60.9%median $2,137
THE LOAN STORE, INC.LEI 254900DTLHVWQ7NP7R34	307	6.625%	6.375% – 6.990%	$10,476	35.8%median $3,000	51.1%median $2,305
UNITED SHORE FINANCIAL SERVICES, LLCLEI 549300HW662MN1WU8550	2,328	6.625%	6.375% – 6.999%	$11,145	48.7%median $3,438	49.6%median $1,000
GUARANTEED RATE, INC.LEI 549300U3721PJGQZYY68	303	6.625%	6.375% – 6.875%	$8,986	39.6%median $2,476	35%median $1,002
Rocket Mortgage, LLCLEI 549300FGXN1K3HLB1R50	2,334	6.750%	6.375% – 6.990%	$8,835	43.7%median $3,075	7.6%median $1,160
KIND LENDING, LLCLEI 549300MZ8VZJOVC63092	168	6.750%	6.375% – 7.000%	$11,328	42.9%median $3,913	42.3%median $1,560
CROSSCOUNTRY MORTGAGE, INC.LEI 549300VZVN841I2ILS84	431	6.875%	6.500% – 7.175%	$10,907	58%median $5,173	38.5%median $200
OCMBC, INC.LEI 549300J7I82PNDVU8H22	620	6.999%	6.500% – 7.375%	$16,830	46.1%median $3,060	46.6%median $3,273

FHA — what each lender actually charged in Los Angeles County 8 lenders · 3.990% to 6.500%

Lender	Loans closed here	Median rate	Typical range (25th–75th)	Median total loan costs	Paid points	Got a credit
LENNAR MORTGAGE, LLCLEI 549300H3IZO24NSOO931	54	3.990%	3.750% – 4.625%	$16,709	77.8%median $20,145	37%median $146
Rocket Mortgage, LLCLEI 549300FGXN1K3HLB1R50	439	6.125%	5.750% – 6.375%	$21,852	37.4%median $3,050	15.7%median $1,879
UNITED SHORE FINANCIAL SERVICES, LLCLEI 549300HW662MN1WU8550	826	6.125%	5.875% – 6.500%	$23,757	54%median $3,530	60%median $1,548
Loandepot.Com, LLCLEI 549300AG64NHILB7ZP05	75	6.250%	5.750% – 6.500%	$21,463	66.7%median $4,369	56%median $699
OCMBC, INC.LEI 549300J7I82PNDVU8H22	495	6.250%	5.875% – 6.500%	$21,491	50.7%median $2,665	49.2%median $3,196
KIND LENDING, LLCLEI 549300MZ8VZJOVC63092	64	6.250%	5.875% – 6.625%	$20,654	31.3%median $2,683	54.7%median $5,242
GUARANTEED RATE, INC.LEI 549300U3721PJGQZYY68	52	6.250%	6.054% – 6.406%	$23,084	51.9%median $3,732	42.3%median $2,529
PENNYMAC LOAN SERVICES, LLCLEI RVDPPPGHCGZ40J4VQ731	137	6.500%	5.999% – 6.875%	$26,797	66.4%median $10,633	50.4%median $966

VA — what each lender actually charged in Los Angeles County 3 lenders · 5.990% to 6.124%

Lender	Loans closed here	Median rate	Typical range (25th–75th)	Median total loan costs	Paid points	Got a credit
Rocket Mortgage, LLCLEI 549300FGXN1K3HLB1R50	100	5.990%	5.750% – 6.250%	$10,580	53%median $2,946	4%median $1,271
PENNYMAC LOAN SERVICES, LLCLEI RVDPPPGHCGZ40J4VQ731	56	5.995%	5.625% – 6.231%	$10,447	37.5%median $3,446	64.3%median $2,345
UNITED SHORE FINANCIAL SERVICES, LLCLEI 549300HW662MN1WU8550	168	6.124%	5.750% – 6.473%	$6,330	49.4%median $4,733	47.6%median $130

Statewide context — conventional, all California 14 lenders · 5.000% to 6.875%

Lender	CA loans closed	Median rate	Typical range	Median total loan costs	Paid points
LENNAR MORTGAGE, LLC	2,910	5.000%	4.750% – 5.990%	$6,457	79.9%
Wells Fargo Bank, National Association	1,870	6.250%	6.000% – 6.625%	$7,821	28.4%
Bank of America, National Association	1,542	6.250%	5.875% – 6.625%	$6,899	50.4%
JPMorgan Chase Bank, National Association	3,080	6.500%	6.125% – 6.750%	$6,132	61.2%
U.S. Bank National Association	1,926	6.500%	6.125% – 6.875%	$6,510	47.5%
KIND LENDING, LLC	2,291	6.500%	6.000% – 6.875%	$7,366	36.1%
Loandepot.Com, LLC	1,993	6.500%	5.990% – 6.875%	$7,029	54.3%
GUARANTEED RATE, INC.	2,288	6.575%	6.250% – 6.875%	$7,620	42.7%
PENNYMAC LOAN SERVICES, LLC	2,759	6.624%	6.375% – 6.875%	$9,031	41.8%
UNITED SHORE FINANCIAL SERVICES, LLC	17,108	6.625%	6.375% – 6.999%	$8,942	52.7%
Rocket Mortgage, LLC	10,729	6.625%	6.375% – 6.875%	$7,214	46.7%
THE LOAN STORE, INC.	2,873	6.625%	6.125% – 6.875%	$7,608	44.5%
CROSSCOUNTRY MORTGAGE, INC.	3,774	6.850%	6.500% – 7.050%	$8,719	58.6%
OCMBC, INC.	1,826	6.875%	6.500% – 7.499%	$15,009	42.3%

Statewide, these lenders closed 108,551 of California's 257,970 home-purchase originations in 2025, before the cohort filter is applied.

How to read the "paid discount points" column — it is the whole trick

The lender with the lowest median rate is very often not the cheapest loan. A borrower can buy the rate down by paying discount points at closing, and lenders whose borrowers do that heavily show a low median rate and high median loan costs. Both numbers are in the tables above, side by side, for exactly this reason.

A worked example from this dataset: statewide, the lowest median conventional rate belongs to a builder-affiliated lender at 5.000%, and roughly 79.9% of its borrowers paid points to get there. That is not a hidden trick — it is a trade, and it is only a good one if the buyer stays in the loan long enough to earn the money back.

Method, and what would make this wrong

Source: CFPB / FFIEC HMDA public loan-level data — the Home Mortgage Disclosure Act public loan-level dataset, filing year 2025. https://ffiec.cfpb.gov/data-browser/
Universe: California, originated (action_taken = 1) home-purchase (loan_purpose = 1) loans.
Cohort: 30-year fixed-rate, primary residence, site-built single family, consumer purpose, first lien. The unfiltered data mixes adjustable with fixed, 15-year with 30-year, investment with owner-occupied and manufactured with site-built homes. Those carry structurally different rates, and blending them understates a 30-year fixed rate.
Suppression: A lender/product cell appears only where at least 50 loans closed. Thinner cells are omitted rather than published as an unstable median.
Points & credits: Percentages are computed over reportable records only. A blank field means the charge was not made and counts as zero; the literal "NA" means the field does not apply to that loan and is excluded from the denominator.
Coverage: 14 lenders' loan-level files were read (91,773 loans statewide in cohort). No covered lender is missing. This dataset does not contain every loan closed in the county, so no figure here is a market share.
Who is missing: This compares 14 large lenders. It is not the whole market, and the gap is not random. Under 12 CFR §1003.3(d) an insured depository or credit union that originated fewer than 500 closed-end mortgages in each of the two preceding years may omit the optional data at §1003.4(a)(15)–(30) — which is where every fee field and the interest rate live. So a community bank or credit union can appear in HMDA with no price information at all, while non-depository lenders are never exempt and always report. Any "what do local lenders charge" reading of this document therefore leans toward non-bank pricing. Even inside this dataset, about 7–8% of records report the fee fields as "NA" or "Exempt" and are excluded from those denominators.
What this is not: Not a quote, not an offer, not a rate sheet, not a recommendation of any lender, and not a prediction for any individual borrower. No lender paid for inclusion, placement, or ordering, and no lender was consulted.

Reproduce it: the tables above are generated by tools/build-counties.mjs and tools/make-report.mjs from the CFPB's public files. Different cohort filters give different numbers — that is why the filter is printed here rather than buried.

Los Angeles County mortgage cost report — 2025 · Data © the public record, published by the CFPB/FFIEC · Report generated 2026-08-26. Nothing in this document is a loan offer, a rate quote, or financial advice.