Better Mortgage · Arizona · 2025

Better Mortgage in Arizona: approval rate, denial rate and rates (2025)

Better Mortgage took 1,183 mortgage applications in Arizona in 2025, ranking #60 of 1,082 lenders active in the state. It originated 29.4% of them and denied 25.4% (45.3% of the applications it decided), against a statewide denial rate of 16.2%.

1.2kApplicationsin AZ
45.3%Decision denial ratestate 20.4%
8.25%Median ratestate 6.50%
$195,000Median loanstate $275,000
$89MVolume15 counties

Better Mortgage in Arizona vs the state

25.4%Denial rate+9.13 pts vs state
45.3%Decision denial rate+24.91 pts vs state
29.4%Origination rate-30.06 pts vs state
8.25%Median rate+1.75 pts vs state
1.06Rate spread (pts)+0.84 pts vs state
$160kMedian applicant income
348Loans originated
300Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232741123.3%6.25%#141
20243451418.7%6.50%#119
20251,18334825.4%8.25%#60

What Better Mortgage lends in Arizona

By loan purpose

Home purchase 322 27% · 19.9% denied
Refinance 115 10% · 17.4% denied
Cash-out refinance 139 12% · 27.3% denied
Home improvement 105 9% · 30.5% denied
Other / HELOC 502 42% · 29.1% denied

By loan type

Conventional 1,086 92% · 25.0% denied
FHA 82 7% · 28.1% denied
VA 15 1% · 40.0% denied

Why it denied Arizona applicants

Incomplete application 110 37%
Credit history 66 22%
Debt-to-income ratio 59 20%
Unverifiable information 24 8%
Collateral 22 7%
Other 16 5%
Employment history 3 1%

Where in Arizona

Counties with the most Better Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 820252187 22.8%
Pima County 1383646 33.3%
Pinal County 641323 35.9%
Yavapai County 42157 16.7%
Mohave County 30136 20.0%
Coconino County 2879 32.1%
Yuma County 1746 35.3%
Cochise County 1134 36.4%
Graham County 723 42.9%
Navajo County 614 66.7%

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: 1,183 applications in 2025, of which 348 were originated and 300 denied.

25.4% of all applications, or 45.3% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Better Mortgage originated in Arizona in 2025 was 8.25%, against a statewide median of 6.50%.

About this data. Figures are Better Mortgage'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