Flagstar Bank · Arizona · 2025

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

Flagstar Bank took 584 mortgage applications in Arizona in 2025, ranking #103 of 1,082 lenders active in the state. It originated 51.9% of them and denied 28.6% (34.5% of the applications it decided), against a statewide denial rate of 16.2%.

584Applicationsin AZ
34.5%Decision denial ratestate 20.4%
6.51%Median ratestate 6.50%
$280,000Median loanstate $275,000
$111MVolume13 counties

Flagstar Bank in Arizona vs the state

28.6%Denial rate+12.37 pts vs state
34.5%Decision denial rate+14.09 pts vs state
51.9%Origination rate-7.60 pts vs state
6.51%Median rate+0.01 pts vs state
0.15Rate spread (pts)-0.07 pts vs state
$110kMedian applicant income
303Loans originated
167Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,1671,30622.0%7.35%#31
20241,8941,09124.9%6.88%#41
202558430328.6%6.51%#103

What Flagstar Bank lends in Arizona

By loan purpose

Home purchase 299 51% · 32.1% denied
Refinance 50 9% · 40.0% denied
Cash-out refinance 188 32% · 19.2% denied
Home improvement 9 2% · 55.6% denied
Other / HELOC 38 7% · 26.3% denied

By loan type

Conventional 442 76% · 26.2% denied
FHA 105 18% · 37.1% denied
VA 34 6% · 29.4% denied
USDA / RHS 3 1% · 66.7% denied

Why it denied Arizona applicants

Incomplete application 89 53%
Debt-to-income ratio 48 29%
Other 11 7%
Credit history 10 6%
Collateral 6 4%
Insufficient cash 2 1%
Unverifiable information 1 1%

Where in Arizona

Counties with the most Flagstar Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 36918897 26.3%
Mohave County 623621 33.9%
Pima County 552324 43.6%
Pinal County 331813 39.4%
Yavapai County 31184 12.9%
Coconino County 952 22.2%
Cochise County 642 33.3%
Santa Cruz County 412 50.0%
Navajo County 430 0.0%
Yuma County 421 25.0%

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: 584 applications in 2025, of which 303 were originated and 167 denied.

28.6% of all applications, or 34.5% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Flagstar Bank originated in Arizona in 2025 was 6.51%, against a statewide median of 6.50%.

About this data. Figures are Flagstar 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