Comerica Bank · Arizona · 2025

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

Comerica Bank took 254 mortgage applications in Arizona in 2025, ranking #157 of 1,082 lenders active in the state. It originated 43.7% of them and denied 40.6% (47.0% of the applications it decided), against a statewide denial rate of 16.2%.

254Applicationsin AZ
47.0%Decision denial ratestate 20.4%
5.99%Median ratestate 6.50%
$155,000Median loanstate $275,000
$21MVolume8 counties

Comerica Bank in Arizona vs the state

40.6%Denial rate+24.32 pts vs state
47.0%Decision denial rate+26.62 pts vs state
43.7%Origination rate-15.78 pts vs state
5.99%Median rate-0.51 pts vs state
-1.17Rate spread (pts)-1.39 pts vs state
$133kMedian applicant income
111Loans originated
103Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
202341318343.6%5.74%#110
202430111445.2%6.49%#133
202525411140.6%5.99%#157

What Comerica Bank lends in Arizona

By loan purpose

Home purchase 16 6% · 25.0% denied
Refinance 97 38% · 43.3% denied
Cash-out refinance 4 2% · 25.0% denied
Home improvement 94 37% · 37.2% denied
Other / HELOC 43 17% · 48.8% denied

By loan type

Conventional 254 100% · 40.6% denied

Why it denied Arizona applicants

Debt-to-income ratio 83 81%
Credit history 8 8%
Collateral 5 5%
Incomplete application 5 5%
Other 1 1%
Employment history 1 1%

Where in Arizona

Counties with the most Comerica Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 23410595 40.6%
Pima County 612 33.3%
Yavapai County 403 75.0%
Pinal County 421 25.0%
Navajo County 210 0.0%
Santa Cruz County 110 0.0%
Yuma County 101 100.0%
Gila County 110 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: 254 applications in 2025, of which 111 were originated and 103 denied.

40.6% of all applications, or 47.0% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Comerica Bank originated in Arizona in 2025 was 5.99%, against a statewide median of 6.50%.

About this data. Figures are Comerica 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