American Southwest · Arizona · 2025

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

American Southwest took 95 mortgage applications in Arizona in 2025, ranking #249 of 1,082 lenders active in the state. It originated 69.5% of them and denied 20.0% (22.4% of the applications it decided), against a statewide denial rate of 16.2%.

95Applicationsin AZ
22.4%Decision denial ratestate 20.4%
7.44%Median ratestate 6.50%
$85,000Median loanstate $275,000
$9.4MVolume8 counties

American Southwest in Arizona vs the state

20.0%Denial rate+3.77 pts vs state
22.4%Decision denial rate+1.94 pts vs state
69.5%Origination rate+9.99 pts vs state
7.44%Median rate+0.94 pts vs state
0.60Rate spread (pts)+0.38 pts vs state
$98kMedian applicant income
66Loans originated
19Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231137022.1%7.38%#216
20241238218.7%7.49%#213
2025956620.0%7.44%#249

What American Southwest lends in Arizona

By loan purpose

Home purchase 8 8% · 0.0% denied
Refinance 19 20% · 15.8% denied
Cash-out refinance 67 71% · 23.9% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 95 100% · 20.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 11 58%
Credit history 7 37%
Other 1 5%

Where in Arizona

Counties with the most American Southwest applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cochise County 49369 18.4%
Pima County 27158 29.6%
Graham County 870 0.0%
Santa Cruz County 751 14.3%
Apache County 110 0.0%
Gila County 110 0.0%
Yuma County 110 0.0%
Pinal County 101 100.0%

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: 95 applications in 2025, of which 66 were originated and 19 denied.

20.0% of all applications, or 22.4% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans American Southwest originated in Arizona in 2025 was 7.44%, against a statewide median of 6.50%.

About this data. Figures are American Southwest'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