Commerce Bank in Arizona vs the state
6.3%Denial rate-9.98 pts vs state
7.1%Decision denial rate-13.27 pts vs state
81.3%Origination rate+21.77 pts vs state
6.38%Median rate-0.13 pts vs state
-0.10Rate spread (pts)-0.32 pts vs state
$247kMedian applicant income
13Loans originated
1Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 13 | 8 | 7.7% | 5.35% | #472 |
| 2024 | 11 | 7 | 9.1% | 6.50% | #476 |
| 2025 | 16 | 13 | 6.3% | 6.38% | #440 |
What Commerce Bank lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Commerce Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 12 | 10 | 1 | 8.3% |
| Pima County | 3 | 2 | 0 | 0.0% |
| Yavapai County | 1 | 1 | 0 | 0.0% |
Other large lenders in Arizona
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 25,383 | 10.2% | 6.25% |
| Rocket Mortgage | C | 17,947 | 15.6% | 6.75% |
| Desert Financial Credit Union | B | 16,970 | 24.3% | 6.49% |
| Crosscountry Mortgage | B | 7,570 | 3.8% | 6.58% |
| Fairway Independent Mortgage | B | 6,729 | 5.6% | 6.63% |
| Bank of America | F | 6,229 | 32.2% | 6.24% |
| Loandepot.Com | D | 6,180 | 16.1% | 5.99% |
| Pennymac Loan Services | C | 5,838 | 11.7% | 6.62% |
| Nova Financial & Investment | C | 5,380 | 16.2% | 6.49% |
| Freedom Mortgage | B | 4,991 | 7.0% | 6.00% |
Frequently asked questions
Arizona: 16 applications in 2025, of which 13 were originated and 1 denied.
6.3% of all applications, or 7.1% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Commerce Bank originated in Arizona in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are Commerce 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