Bank of America in Arizona vs the state
32.2%Denial rate+15.96 pts vs state
43.3%Decision denial rate+22.90 pts vs state
41.5%Origination rate-18.03 pts vs state
6.24%Median rate-0.26 pts vs state
1.30Rate spread (pts)+1.08 pts vs state
$102kMedian applicant income
2,582Loans originated
2,005Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 7,924 | 2,969 | 45.8% | 7.49% | #4 |
| 2024 | 6,503 | 2,589 | 33.4% | 6.99% | #4 |
| 2025 | 6,229 | 2,582 | 32.2% | 6.24% | #6 |
What Bank of America lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Bank of America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 4,488 | 1,938 | 1,388 | 30.9% |
| Pima County | 833 | 310 | 271 | 32.5% |
| Pinal County | 374 | 134 | 165 | 44.1% |
| Yavapai County | 174 | 77 | 45 | 25.9% |
| Mohave County | 85 | 29 | 34 | 40.0% |
| Coconino County | 83 | 33 | 24 | 28.9% |
| Cochise County | 64 | 24 | 23 | 35.9% |
| Yuma County | 31 | 6 | 20 | 64.5% |
| Navajo County | 30 | 15 | 7 | 23.3% |
| Gila County | 26 | 11 | 6 | 23.1% |
Other large lenders in Arizona
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 25,383 | 10.2% | 6.25% |
| Rocket Mortgage | C | 17,947 | 15.6% | 6.75% |
| Desert Financial Credit Union | B | 16,970 | 24.3% | 6.49% |
| Crosscountry Mortgage | B | 7,570 | 3.8% | 6.58% |
| Fairway Independent Mortgage | B | 6,729 | 5.6% | 6.63% |
| Loandepot.Com | D | 6,180 | 16.1% | 5.99% |
| Pennymac Loan Services | C | 5,838 | 11.7% | 6.62% |
| Nova Financial & Investment | C | 5,380 | 16.2% | 6.49% |
| Freedom Mortgage | B | 4,991 | 7.0% | 6.00% |
| Newrez | D | 4,922 | 16.9% | 6.38% |
Frequently asked questions
Arizona: 6,229 applications in 2025, of which 2,582 were originated and 2,005 denied.
32.2% of all applications, or 43.3% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Bank of America originated in Arizona in 2025 was 6.24%, against a statewide median of 6.50%.
About this data. Figures are Bank of America'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