Discover Bank in Arizona vs the state
53.6%Denial rate+37.37 pts vs state
75.4%Decision denial rate+54.94 pts vs state
17.0%Origination rate-42.45 pts vs state
8.62%Median rate+2.12 pts vs state
1.96Rate spread (pts)+1.74 pts vs state
$105kMedian applicant income
305Loans originated
960Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 6,072 | 1,235 | 42.5% | 8.99% | #7 |
| 2024 | 5,697 | 1,219 | 49.8% | 8.61% | #8 |
| 2025 | 1,791 | 305 | 53.6% | 8.62% | #42 |
What Discover Bank lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Discover Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 1,099 | 193 | 573 | 52.1% |
| Pima County | 249 | 42 | 135 | 54.2% |
| Pinal County | 179 | 28 | 110 | 61.5% |
| Yavapai County | 71 | 11 | 40 | 56.3% |
| Mohave County | 63 | 9 | 34 | 54.0% |
| Yuma County | 41 | 7 | 18 | 43.9% |
| Cochise County | 31 | 5 | 18 | 58.1% |
| Navajo County | 17 | 3 | 7 | 41.2% |
| Coconino County | 12 | 2 | 7 | 58.3% |
| Gila County | 9 | 1 | 5 | 55.6% |
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: 1,791 applications in 2025, of which 305 were originated and 960 denied.
53.6% of all applications, or 75.4% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Discover Bank originated in Arizona in 2025 was 8.62%, against a statewide median of 6.50%.
About this data. Figures are Discover 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