Foundation Mortgage in Arizona vs the state
24.4%Denial rate+8.16 pts vs state
27.0%Decision denial rate+6.62 pts vs state
43.9%Origination rate-15.58 pts vs state
7.44%Median rate+0.94 pts vs state
1.33Rate spread (pts)+1.11 pts vs state
$234kMedian applicant income
18Loans originated
10Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 18 | 9 | 27.8% | 8.88% | #426 |
| 2024 | 44 | 28 | 15.9% | 7.81% | #322 |
| 2025 | 41 | 18 | 24.4% | 7.44% | #339 |
What Foundation Mortgage lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Foundation Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 33 | 14 | 7 | 21.2% |
| Yavapai County | 4 | 2 | 2 | 50.0% |
| Mohave County | 2 | 1 | 1 | 50.0% |
| Pima County | 1 | 0 | 0 | 0.0% |
| Navajo County | 1 | 1 | 0 | 0.0% |
Other large lenders in Arizona
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 25,383 | 10.2% | 6.25% |
| Rocket Mortgage | C | 17,947 | 15.6% | 6.75% |
| Desert Financial Credit Union | B | 16,970 | 24.3% | 6.49% |
| Crosscountry Mortgage | B | 7,570 | 3.8% | 6.58% |
| Fairway Independent Mortgage | B | 6,729 | 5.6% | 6.63% |
| Bank of America | F | 6,229 | 32.2% | 6.24% |
| Loandepot.Com | D | 6,180 | 16.1% | 5.99% |
| Pennymac Loan Services | C | 5,838 | 11.7% | 6.62% |
| Nova Financial & Investment | C | 5,380 | 16.2% | 6.49% |
| Freedom Mortgage | B | 4,991 | 7.0% | 6.00% |
Frequently asked questions
Arizona: 41 applications in 2025, of which 18 were originated and 10 denied.
24.4% of all applications, or 27.0% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Foundation Mortgage originated in Arizona in 2025 was 7.44%, against a statewide median of 6.50%.
About this data. Figures are Foundation 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