San Diego 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.

San Diego County at a glance

Across the 14 lenders in this dataset, 8,659 home-purchase loans closed in San Diego 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	6,371	6.500%	6.124% – 6.875%
FHA	856	6.098%	5.750% – 6.250%
VA	1,429	6.036%	5.700% – 6.249%

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 San Diego 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	422	4.990%	3.990% – 6.125%	$6,710	69.2%median $10,234	42.7%median $132
Bank of America, National AssociationLEI B4TYDEB6GKMZO031MB27	179	5.875%	5.625% – 6.250%	$8,516	41.3%median $1,728	61.5%median $1,251
Wells Fargo Bank, National AssociationLEI KB1H1DSPRFMYMCUFXT09	260	6.000%	5.500% – 6.406%	$9,883	23.5%median $4,000	91.5%median $1,569
U.S. Bank National AssociationLEI 6BYL5QZYBDK8S7L73M02	486	6.125%	5.750% – 6.490%	$8,189	40.5%median $2,082	89.7%median $1,164
JPMorgan Chase Bank, National AssociationLEI 7H6GLXDRUGQFU57RNE97	423	6.125%	5.750% – 6.625%	$5,989	51.3%median $3,445	21%median $215
Rocket Mortgage, LLCLEI 549300FGXN1K3HLB1R50	1,013	6.500%	6.250% – 6.875%	$7,728	46.2%median $2,831	7.8%median $1,069
Loandepot.Com, LLCLEI 549300AG64NHILB7ZP05	101	6.575%	6.125% – 6.875%	$8,052	67.3%median $4,392	52.5%median $150
PENNYMAC LOAN SERVICES, LLCLEI RVDPPPGHCGZ40J4VQ731	392	6.611%	6.375% – 6.875%	$9,982	34.2%median $2,379	57.7%median $2,757
THE LOAN STORE, INC.LEI 254900DTLHVWQ7NP7R34	234	6.625%	6.125% – 6.990%	$8,366	38%median $2,804	49.1%median $1,120
UNITED SHORE FINANCIAL SERVICES, LLCLEI 549300HW662MN1WU8550	1,982	6.625%	6.375% – 6.988%	$9,945	48.5%median $3,317	47.6%median $1,347
GUARANTEED RATE, INC.LEI 549300U3721PJGQZYY68	184	6.625%	6.375% – 6.875%	$8,284	39.1%median $3,614	39.7%median $165
KIND LENDING, LLCLEI 549300MZ8VZJOVC63092	103	6.750%	6.375% – 7.125%	$11,435	40.8%median $2,817	40.8%median $3,115
CROSSCOUNTRY MORTGAGE, INC.LEI 549300VZVN841I2ILS84	513	6.875%	6.500% – 7.115%	$10,318	60.4%median $6,244	34.5%median $174
OCMBC, INC.LEI 549300J7I82PNDVU8H22	80	6.999%	6.500% – 7.375%	$16,474	43.8%median $2,740	50%median $3,386

FHA — what each lender actually charged in San Diego County 3 lenders · 5.990% to 6.240%

Lender	Loans closed here	Median rate	Typical range (25th–75th)	Median total loan costs	Paid points	Got a credit
Rocket Mortgage, LLCLEI 549300FGXN1K3HLB1R50	112	5.990%	5.750% – 6.156%	$21,191	41.1%median $2,615	8.9%median $1,034
UNITED SHORE FINANCIAL SERVICES, LLCLEI 549300HW662MN1WU8550	445	6.124%	5.750% – 6.250%	$22,933	65.8%median $3,288	45.4%median $1,400
CROSSCOUNTRY MORTGAGE, INC.LEI 549300VZVN841I2ILS84	77	6.240%	6.075% – 6.575%	$23,311	61%median $7,001	40.3%median $598

VA — what each lender actually charged in San Diego County 5 lenders · 5.125% to 6.125%

Lender	Loans closed here	Median rate	Typical range (25th–75th)	Median total loan costs	Paid points	Got a credit
LENNAR MORTGAGE, LLCLEI 549300H3IZO24NSOO931	74	5.125%	4.875% – 5.750%	$14,516	77%median $19,858	24.3%median $139
Rocket Mortgage, LLCLEI 549300FGXN1K3HLB1R50	167	5.990%	5.750% – 6.250%	$11,610	49.7%median $2,713	5.4%median $1,038
PENNYMAC LOAN SERVICES, LLCLEI RVDPPPGHCGZ40J4VQ731	139	5.999%	5.625% – 6.125%	$16,146	41.7%median $4,655	56.8%median $2,194
UNITED SHORE FINANCIAL SERVICES, LLCLEI 549300HW662MN1WU8550	731	6.124%	5.750% – 6.249%	$11,138	49.8%median $3,001	34.9%median $210
CROSSCOUNTRY MORTGAGE, INC.LEI 549300VZVN841I2ILS84	155	6.125%	5.912% – 6.250%	$11,715	56.8%median $6,635	32.3%median $237

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.

San Diego 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.