BOKF · Arizona · 2025

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

BOKF took 401 mortgage applications in Arizona in 2025, ranking #129 of 1,082 lenders active in the state. It originated 59.1% of them and denied 20.2% (25.2% of the applications it decided), against a statewide denial rate of 16.2%.

401Applicationsin AZ
25.2%Decision denial ratestate 20.4%
6.50%Median ratestate 6.50%
$205,000Median loanstate $275,000
$109MVolume12 counties

BOKF in Arizona vs the state

20.2%Denial rate+3.97 pts vs state
25.2%Decision denial rate+4.75 pts vs state
59.1%Origination rate-0.38 pts vs state
6.50%Median rate0.00 pts vs state
0.17Rate spread (pts)-0.05 pts vs state
$154kMedian applicant income
237Loans originated
81Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
202343020937.0%6.88%#105
202439120826.6%7.00%#112
202540123720.2%6.50%#129

What BOKF lends in Arizona

By loan purpose

Home purchase 122 30% · 5.7% denied
Refinance 68 17% · 20.6% denied
Cash-out refinance 19 5% · 21.1% denied
Home improvement 72 18% · 25.0% denied
Other / HELOC 120 30% · 31.7% denied

By loan type

Conventional 389 97% · 20.6% denied
FHA 9 2% · 11.1% denied
VA 3 1% · 0.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 35 43%
Credit history 25 31%
Unverifiable information 10 12%
Other 7 9%
Collateral 3 4%
Incomplete application 1 1%

Where in Arizona

Counties with the most BOKF applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 30718562 20.2%
Pima County 38238 21.1%
Pinal County 1783 17.6%
Coconino County 1152 18.2%
Navajo County 871 12.5%
Yavapai County 842 25.0%
Yuma County 410 0.0%
Cochise County 201 50.0%
Mohave County 211 50.0%
Santa Cruz County 220 0.0%

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: 401 applications in 2025, of which 237 were originated and 81 denied.

20.2% of all applications, or 25.2% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

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

About this data. Figures are BOKF'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