Desert Financial Credit Union · Arizona · 2025

Desert Financial Credit Union in Arizona: approval rate, denial rate and rates (2025)

Desert Financial Credit Union took 16,970 mortgage applications in Arizona in 2025, ranking #3 of 1,082 lenders active in the state. It originated 62.3% of them and denied 24.3% (26.1% of the applications it decided), against a statewide denial rate of 16.2%.

17kApplicationsin AZ
26.1%Decision denial ratestate 20.4%
6.49%Median ratestate 6.50%
$105,000Median loanstate $275,000
$1.5BVolume15 counties

Desert Financial Credit Union in Arizona vs the state

24.3%Denial rate+8.06 pts vs state
26.1%Decision denial rate+5.64 pts vs state
62.3%Origination rate+2.78 pts vs state
6.49%Median rate-0.01 pts vs state
-0.71Rate spread (pts)-0.93 pts vs state
$106kMedian applicant income
10,566Loans originated
4,122Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
202314,1966,80645.9%5.99%#2
202414,8198,74730.3%6.38%#3
202516,97010,56624.3%6.49%#3

What Desert Financial Credit Union lends in Arizona

By loan purpose

Home purchase 1,382 8% · 20.8% denied
Refinance 4,197 25% · 22.6% denied
Cash-out refinance 638 4% · 31.5% denied
Home improvement 7,333 43% · 23.7% denied
Other / HELOC 3,420 20% · 27.6% denied

By loan type

Conventional 16,843 99% · 24.2% denied
FHA 124 1% · 41.9% denied
VA 3 0% · 0.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 1,754 43%
Collateral 1,061 26%
Credit history 952 23%
Other 190 5%
Incomplete application 124 3%
Unverifiable information 28 1%
Insufficient cash 8 0%
Employment history 5 0%

Where in Arizona

Counties with the most Desert Financial Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 14,7279,2673,515 23.9%
Pinal County 1,223714330 27.0%
Yavapai County 32119295 29.6%
Gila County 1919756 29.3%
Coconino County 1519432 21.2%
Pima County 1478239 26.5%
Navajo County 925721 22.8%
Mohave County 402212 30.0%
Yuma County 25168 32.0%
Cochise County 1693 18.8%

Other large lenders in Arizona

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 25,38310.2%6.25%
Rocket MortgageC 17,94715.6%6.75%
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%
NewrezD 4,92216.9%6.38%

Frequently asked questions

Arizona: 16,970 applications in 2025, of which 10,566 were originated and 4,122 denied.

24.3% of all applications, or 26.1% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Desert Financial Credit Union originated in Arizona in 2025 was 6.49%, against a statewide median of 6.50%.

About this data. Figures are Desert Financial Credit Union'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