First Interstate Bank · Arizona · 2025

First Interstate Bank in Arizona: approval rate, denial rate and rates (2025)

First Interstate Bank took 64 mortgage applications in Arizona in 2025, ranking #285 of 1,082 lenders active in the state. It originated 48.4% of them and denied 37.5% (42.9% of the applications it decided), against a statewide denial rate of 16.2%.

64Applicationsin AZ
42.9%Decision denial ratestate 20.4%
8.25%Median ratestate 6.50%
$105,000Median loanstate $275,000
$5.5MVolume6 counties

First Interstate Bank in Arizona vs the state

37.5%Denial rate+21.27 pts vs state
42.9%Decision denial rate+22.45 pts vs state
48.4%Origination rate-11.04 pts vs state
8.25%Median rate+1.75 pts vs state
1.04Rate spread (pts)+0.82 pts vs state
$108kMedian applicant income
31Loans originated
24Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023663330.3%8.75%#279
2024793832.9%9.00%#266
2025643137.5%8.25%#285

What First Interstate Bank lends in Arizona

By loan purpose

Home purchase 16 25% · 12.5% denied
Refinance 7 11% · 42.9% denied
Home improvement 30 47% · 56.7% denied
Other / HELOC 11 17% · 18.2% denied

By loan type

Conventional 64 100% · 37.5% denied

Why it denied Arizona applicants

Debt-to-income ratio 15 63%
Credit history 7 29%
Collateral 1 4%
Unverifiable information 1 4%

Where in Arizona

Counties with the most First Interstate Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pinal County 291213 44.8%
Maricopa County 1585 33.3%
Santa Cruz County 815 62.5%
Pima County 871 12.5%
Yavapai County 330 0.0%
La Paz County 100 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: 64 applications in 2025, of which 31 were originated and 24 denied.

37.5% of all applications, or 42.9% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans First Interstate Bank originated in Arizona in 2025 was 8.25%, against a statewide median of 6.50%.

About this data. Figures are First Interstate 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