Altitude Financial · Arizona · 2025

Altitude Financial in Arizona: approval rate, denial rate and rates (2025)

Altitude Financial took 1,165 mortgage applications in Arizona in 2025, ranking #61 of 1,082 lenders active in the state. It originated 77.2% of them and denied 1.0% (1.3% of the applications it decided), against a statewide denial rate of 16.2%.

1.2kApplicationsin AZ
1.3%Decision denial ratestate 20.4%
6.63%Median ratestate 6.50%
$295,000Median loanstate $275,000
$314MVolume12 counties

Altitude Financial in Arizona vs the state

1.0%Denial rate-15.20 pts vs state
1.3%Decision denial rate-19.11 pts vs state
77.2%Origination rate+17.69 pts vs state
6.63%Median rate+0.13 pts vs state
0.21Rate spread (pts)-0.02 pts vs state
$109kMedian applicant income
899Loans originated
12Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,3219703.0%6.63%#48
20241,2579422.1%6.63%#56
20251,1658991.0%6.63%#61

What Altitude Financial lends in Arizona

By loan purpose

Home purchase 918 79% · 1.1% denied
Refinance 105 9% · 1.0% denied
Cash-out refinance 142 12% · 0.7% denied

By loan type

Conventional 769 66% · 0.3% denied
FHA 270 23% · 3.3% denied
VA 121 10% · 0.8% denied
USDA / RHS 5 0% · 0.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 4 33%
Credit history 3 25%
Collateral 2 17%
Other 2 17%
Unverifiable information 1 8%

Where in Arizona

Counties with the most Altitude Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pima County 7185616 0.8%
Maricopa County 2011592 1.0%
Pinal County 71551 1.4%
Cochise County 62471 1.6%
Navajo County 44270 0.0%
Santa Cruz County 18151 5.6%
Yavapai County 14110 0.0%
Gila County 1380 0.0%
Mohave County 1070 0.0%
Coconino County 650 0.0%

Other large lenders in Arizona

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 25,38310.2%6.25%
Rocket MortgageC 17,94715.6%6.75%
Desert Financial Credit UnionB 16,97024.3%6.49%
Crosscountry MortgageB 7,5703.8%6.58%
Fairway Independent MortgageB 6,7295.6%6.63%
Bank of AmericaF 6,22932.2%6.24%
Loandepot.ComD 6,18016.1%5.99%
Pennymac Loan ServicesC 5,83811.7%6.62%
Nova Financial & InvestmentC 5,38016.2%6.49%
Freedom MortgageB 4,9917.0%6.00%

Frequently asked questions

Arizona: 1,165 applications in 2025, of which 899 were originated and 12 denied.

1.0% of all applications, or 1.3% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Altitude Financial originated in Arizona in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Altitude Financial's own HMDA filing for properties located in Arizona, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology