First Credit Union · Arizona · 2025

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

First Credit Union took 100 mortgage applications in Arizona in 2025, ranking #243 of 1,082 lenders active in the state. It originated 70.0% of them and denied 16.0% (16.0% of the applications it decided), against a statewide denial rate of 16.2%.

100Applicationsin AZ
16.0%Decision denial ratestate 20.4%
6.56%Median ratestate 6.50%
$130,000Median loanstate $275,000
$16MVolume8 counties

First Credit Union in Arizona vs the state

16.0%Denial rate-0.23 pts vs state
16.0%Decision denial rate-4.41 pts vs state
70.0%Origination rate+10.52 pts vs state
6.56%Median rate+0.06 pts vs state
-0.03Rate spread (pts)-0.25 pts vs state
$111kMedian applicant income
70Loans originated
16Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231087420.4%6.50%#220
2024946219.2%7.50%#241
20251007016.0%6.56%#243

What First Credit Union lends in Arizona

By loan purpose

Home purchase 35 35% · 5.7% denied
Refinance 5 5% · 0.0% denied
Cash-out refinance 20 20% · 10.0% denied
Home improvement 39 39% · 28.2% denied
Other / HELOC 1 1% · 100.0% denied

By loan type

Conventional 98 98% · 15.3% denied
FHA 2 2% · 50.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 9 56%
Collateral 3 19%
Credit history 2 13%
Incomplete application 2 13%

Where in Arizona

Counties with the most First Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 745211 14.9%
Pima County 1283 25.0%
Pinal County 421 25.0%
Yavapai County 330 0.0%
Navajo County 220 0.0%
Coconino County 210 0.0%
Santa Cruz County 211 50.0%
Yuma 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: 100 applications in 2025, of which 70 were originated and 16 denied.

16.0% of all applications, or 16.0% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans First Credit Union originated in Arizona in 2025 was 6.56%, against a statewide median of 6.50%.

About this data. Figures are First 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