Envoy Mortgage · Arizona · 2025

Envoy Mortgage in Arizona: approval rate, denial rate and rates (2025)

Envoy Mortgage took 200 mortgage applications in Arizona in 2025, ranking #177 of 1,082 lenders active in the state. It originated 64.5% of them and denied 10.0% (13.4% of the applications it decided), against a statewide denial rate of 16.2%.

200Applicationsin AZ
13.4%Decision denial ratestate 20.4%
6.63%Median ratestate 6.50%
$365,000Median loanstate $275,000
$55MVolume8 counties

Envoy Mortgage in Arizona vs the state

10.0%Denial rate-6.23 pts vs state
13.4%Decision denial rate-6.99 pts vs state
64.5%Origination rate+5.02 pts vs state
6.63%Median rate+0.13 pts vs state
0.34Rate spread (pts)+0.12 pts vs state
$136kMedian applicant income
129Loans originated
20Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231671293.6%6.63%#171
20241591096.9%6.99%#187
202520012910.0%6.63%#177

What Envoy Mortgage lends in Arizona

By loan purpose

Home purchase 152 76% · 7.2% denied
Refinance 22 11% · 18.2% denied
Cash-out refinance 26 13% · 19.2% denied

By loan type

Conventional 148 74% · 8.8% denied
FHA 38 19% · 18.4% denied
VA 14 7% · 0.0% denied

Why it denied Arizona applicants

Other 8 40%
Credit history 5 25%
Debt-to-income ratio 3 15%
Incomplete application 2 10%
Collateral 2 10%

Where in Arizona

Counties with the most Envoy Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 1258712 9.6%
Yavapai County 48248 16.7%
Mohave County 970 0.0%
Pinal County 540 0.0%
Pima County 520 0.0%
Navajo County 420 0.0%
Coconino County 320 0.0%
La Paz 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: 200 applications in 2025, of which 129 were originated and 20 denied.

10.0% of all applications, or 13.4% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Envoy Mortgage originated in Arizona in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Envoy 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