Figure Lending · Arizona · 2025

Figure Lending in Arizona: approval rate, denial rate and rates (2025)

Figure Lending took 2,748 mortgage applications in Arizona in 2025, ranking #26 of 1,082 lenders active in the state. It originated 51.5% of them and denied 24.0% (25.2% of the applications it decided), against a statewide denial rate of 16.2%.

2.7kApplicationsin AZ
25.2%Decision denial ratestate 20.4%
8.80%Median ratestate 6.50%
$65,000Median loanstate $275,000
$124MVolume15 counties

Figure Lending in Arizona vs the state

24.0%Denial rate+7.75 pts vs state
25.2%Decision denial rate+4.82 pts vs state
51.5%Origination rate-7.95 pts vs state
8.80%Median rate+2.30 pts vs state
2.36Rate spread (pts)+2.14 pts vs state
$108kMedian applicant income
1,416Loans originated
659Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,5901,16331.0%10.75%#25
20243,5371,75225.6%10.45%#17
20252,7481,41624.0%8.80%#26

What Figure Lending lends in Arizona

By loan purpose

Home improvement 946 34% · 25.1% denied
Other / HELOC 1,802 66% · 23.4% denied

By loan type

Conventional 2,748 100% · 24.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 274 42%
Incomplete application 236 36%
Collateral 62 9%
Credit history 43 7%
Other 41 6%
Unverifiable information 3 0%

Where in Arizona

Counties with the most Figure Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 1,624853371 22.8%
Pima County 39721994 23.7%
Yuma County 1808444 24.4%
Pinal County 1698637 21.9%
Yavapai County 1015224 23.8%
Mohave County 873429 33.3%
Cochise County 633815 23.8%
Coconino County 401911 27.5%
Navajo County 371612 32.4%
Santa Cruz County 2169 42.9%

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: 2,748 applications in 2025, of which 1,416 were originated and 659 denied.

24.0% of all applications, or 25.2% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Figure Lending originated in Arizona in 2025 was 8.80%, against a statewide median of 6.50%.

About this data. Figures are Figure Lending'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