Armed Forces Bank · Arizona · 2025

Armed Forces Bank in Arizona: approval rate, denial rate and rates (2025)

Armed Forces Bank took 89 mortgage applications in Arizona in 2025, ranking #257 of 1,082 lenders active in the state. It originated 66.3% of them and denied 15.7% (19.2% of the applications it decided), against a statewide denial rate of 16.2%.

89Applicationsin AZ
19.2%Decision denial ratestate 20.4%
6.38%Median ratestate 6.50%
$455,000Median loanstate $275,000
$30MVolume7 counties

Armed Forces Bank in Arizona vs the state

15.7%Denial rate-0.50 pts vs state
19.2%Decision denial rate-1.23 pts vs state
66.3%Origination rate+6.81 pts vs state
6.38%Median rate-0.13 pts vs state
0.03Rate spread (pts)-0.20 pts vs state
$156kMedian applicant income
59Loans originated
14Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
202383543.6%6.56%#250
202493598.6%6.63%#244
2025895915.7%6.38%#257

What Armed Forces Bank lends in Arizona

By loan purpose

Home purchase 62 70% · 6.5% denied
Refinance 12 13% · 16.7% denied
Cash-out refinance 4 4% · 0.0% denied
Other / HELOC 11 12% · 72.7% denied

By loan type

Conventional 52 58% · 15.4% denied
FHA 5 6% · 40.0% denied
VA 32 36% · 12.5% denied

Why it denied Arizona applicants

Debt-to-income ratio 6 43%
Incomplete application 5 36%
Credit history 2 14%
Other 1 7%

Where in Arizona

Counties with the most Armed Forces Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 68479 13.2%
Pima County 861 12.5%
Pinal County 532 40.0%
Cochise County 420 0.0%
Yavapai County 211 50.0%
Mohave County 100 0.0%
Coconino 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: 89 applications in 2025, of which 59 were originated and 14 denied.

15.7% of all applications, or 19.2% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Armed Forces Bank originated in Arizona in 2025 was 6.38%, against a statewide median of 6.50%.

About this data. Figures are Armed Forces Bank'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