Citibank · Arizona · 2025

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

Citibank took 200 mortgage applications in Arizona in 2025, ranking #176 of 1,082 lenders active in the state. It originated 37.5% of them and denied 17.0% (30.6% of the applications it decided), against a statewide denial rate of 16.2%.

200Applicationsin AZ
30.6%Decision denial ratestate 20.4%
6.00%Median ratestate 6.50%
$230,000Median loanstate $275,000
$136MVolume9 counties

Citibank in Arizona vs the state

17.0%Denial rate+0.77 pts vs state
30.6%Decision denial rate+10.22 pts vs state
37.5%Origination rate-21.98 pts vs state
6.00%Median rate-0.50 pts vs state
-0.05Rate spread (pts)-0.27 pts vs state
$160kMedian applicant income
75Loans originated
34Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023155755.8%5.63%#180
20242249216.1%6.50%#158
20252007517.0%6.00%#176

What Citibank lends in Arizona

By loan purpose

Home purchase 71 36% · 7.0% denied
Refinance 23 12% · 4.4% denied
Cash-out refinance 12 6% · 25.0% denied
Home improvement 41 21% · 26.8% denied
Other / HELOC 53 27% · 26.4% denied

By loan type

Conventional 198 99% · 17.2% denied
FHA 1 1% · 0.0% denied
VA 1 1% · 0.0% denied

Why it denied Arizona applicants

Credit history 15 44%
Debt-to-income ratio 12 35%
Other 3 9%
Collateral 3 9%
Unverifiable information 1 3%

Where in Arizona

Counties with the most Citibank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 1375720 14.6%
Pima County 1756 35.3%
Mohave County 1252 16.7%
Yavapai County 1041 10.0%
Pinal County 1022 20.0%
Santa Cruz County 422 50.0%
Yuma County 400 0.0%
Cochise County 300 0.0%
Apache County 301 33.3%

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: 200 applications in 2025, of which 75 were originated and 34 denied.

17.0% of all applications, or 30.6% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Citibank originated in Arizona in 2025 was 6.00%, against a statewide median of 6.50%.

About this data. Figures are Citibank'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