First Colony Mortgage · Arizona · 2025

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

First Colony Mortgage took 53 mortgage applications in Arizona in 2025, ranking #304 of 1,082 lenders active in the state. It originated 52.8% of them and denied 5.7% (7.3% of the applications it decided), against a statewide denial rate of 16.2%.

53Applicationsin AZ
7.3%Decision denial ratestate 20.4%
6.50%Median ratestate 6.50%
$365,000Median loanstate $275,000
$13MVolume7 counties

First Colony Mortgage in Arizona vs the state

5.7%Denial rate-10.57 pts vs state
7.3%Decision denial rate-13.09 pts vs state
52.8%Origination rate-6.65 pts vs state
6.50%Median rate0.00 pts vs state
0.24Rate spread (pts)+0.02 pts vs state
$150kMedian applicant income
28Loans originated
3Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319150.0%6.63%#424
202445288.9%6.50%#313
202553285.7%6.50%#304

What First Colony Mortgage lends in Arizona

By loan purpose

Home purchase 35 66% · 2.9% denied
Refinance 9 17% · 11.1% denied
Cash-out refinance 9 17% · 11.1% denied

By loan type

Conventional 41 77% · 4.9% denied
FHA 9 17% · 11.1% denied
VA 3 6% · 0.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 1 33%
Other 1 33%
Collateral 1 33%

Where in Arizona

Counties with the most First Colony Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 33161 3.0%
Mohave County 650 0.0%
Pima County 630 0.0%
Pinal County 320 0.0%
Coconino County 201 50.0%
Yuma County 211 50.0%
Gila 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: 53 applications in 2025, of which 28 were originated and 3 denied.

5.7% of all applications, or 7.3% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

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

About this data. Figures are First Colony 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