American Financing · Arizona · 2025

American Financing in Arizona: approval rate, denial rate and rates (2025)

American Financing took 602 mortgage applications in Arizona in 2025, ranking #102 of 1,082 lenders active in the state. It originated 17.6% of them and denied 52.2% (67.1% of the applications it decided), against a statewide denial rate of 16.2%.

602Applicationsin AZ
67.1%Decision denial ratestate 20.4%
6.06%Median ratestate 6.50%
$285,000Median loanstate $275,000
$27MVolume14 counties

American Financing in Arizona vs the state

52.2%Denial rate+35.93 pts vs state
67.1%Decision denial rate+46.68 pts vs state
17.6%Origination rate-41.87 pts vs state
6.06%Median rate-0.44 pts vs state
0.10Rate spread (pts)-0.12 pts vs state
$92kMedian applicant income
106Loans originated
314Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233176239.8%6.56%#126
202453610954.5%6.13%#100
202560210652.2%6.06%#102

What American Financing lends in Arizona

By loan purpose

Home purchase 17 3% · 0.0% denied
Refinance 171 28% · 73.7% denied
Cash-out refinance 356 59% · 47.8% denied
Other / HELOC 58 10% · 31.0% denied

By loan type

Conventional 251 42% · 38.3% denied
FHA 283 47% · 61.8% denied
VA 68 11% · 63.2% denied

Why it denied Arizona applicants

Other 131 42%
Credit history 83 26%
Debt-to-income ratio 56 18%
Collateral 22 7%
Incomplete application 11 4%
Unverifiable information 7 2%
Insufficient cash 2 1%
Employment history 2 1%

Where in Arizona

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 29242148 50.7%
Pima County 761641 53.9%
Yavapai County 611631 50.8%
Pinal County 60936 60.0%
Mohave County 42819 45.2%
Yuma County 1739 52.9%
Cochise County 1668 50.0%
Coconino County 1419 64.3%
Navajo County 922 22.2%
Gila County 413 75.0%

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: 602 applications in 2025, of which 106 were originated and 314 denied.

52.2% of all applications, or 67.1% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans American Financing originated in Arizona in 2025 was 6.06%, against a statewide median of 6.50%.

About this data. Figures are American Financing'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