Commerce Home Mortgage in Arizona vs the state
15.4%Denial rate-0.87 pts vs state
21.4%Decision denial rate+0.94 pts vs state
56.6%Origination rate-2.88 pts vs state
7.63%Median rate+1.13 pts vs state
1.23Rate spread (pts)+1.01 pts vs state
$199kMedian applicant income
210Loans originated
57Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 338 | 159 | 14.5% | 8.63% | #118 |
| 2024 | 190 | 117 | 10.0% | 7.75% | #168 |
| 2025 | 371 | 210 | 15.4% | 7.63% | #139 |
What Commerce Home Mortgage lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Commerce Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 241 | 126 | 40 | 16.6% |
| Yavapai County | 35 | 26 | 2 | 5.7% |
| Pima County | 26 | 12 | 4 | 15.4% |
| Pinal County | 23 | 16 | 3 | 13.0% |
| Mohave County | 19 | 11 | 3 | 15.8% |
| Coconino County | 6 | 3 | 2 | 33.3% |
| Gila County | 6 | 4 | 1 | 16.7% |
| Navajo County | 4 | 4 | 0 | 0.0% |
| Cochise County | 4 | 3 | 1 | 25.0% |
| Graham County | 3 | 2 | 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: 371 applications in 2025, of which 210 were originated and 57 denied.
15.4% of all applications, or 21.4% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Commerce Home Mortgage originated in Arizona in 2025 was 7.63%, against a statewide median of 6.50%.
About this data. Figures are Commerce Home Mortgage'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