Busey Bank · Arizona · 2025

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

Busey Bank took 13 mortgage applications in Arizona in 2025, ranking #467 of 1,082 lenders active in the state. It originated 53.9% of them and denied 23.1% (27.3% of the applications it decided), against a statewide denial rate of 16.2%.

13Applicationsin AZ
27.3%Decision denial ratestate 20.4%
7.00%Median ratestate 6.50%
$275,000Median loanstate $275,000
$2.8MVolume2 counties

Busey Bank in Arizona vs the state

23.1%Denial rate+6.85 pts vs state
27.3%Decision denial rate+6.86 pts vs state
53.9%Origination rate-5.63 pts vs state
7.00%Median rate+0.50 pts vs state
0.28Rate spread (pts)+0.06 pts vs state
$133kMedian applicant income
7Loans originated
3Denied

What Busey Bank lends in Arizona

By loan purpose

Home purchase 3 23% · 0.0% denied
Refinance 1 8% · 0.0% denied
Cash-out refinance 1 8% · 0.0% denied
Home improvement 7 54% · 42.9% denied
Other / HELOC 1 8% · 0.0% denied

By loan type

Conventional 13 100% · 23.1% denied

Why it denied Arizona applicants

Other 2 67%
Debt-to-income ratio 1 33%

Where in Arizona

Counties with the most Busey Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 1153 27.3%
Pima 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: 13 applications in 2025, of which 7 were originated and 3 denied.

23.1% of all applications, or 27.3% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Busey Bank originated in Arizona in 2025 was 7.00%, against a statewide median of 6.50%.

About this data. Figures are Busey 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