Freedom Mortgage · Arizona · 2025

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

Freedom Mortgage took 4,991 mortgage applications in Arizona in 2025, ranking #10 of 1,082 lenders active in the state. It originated 42.5% of them and denied 7.0% (12.1% of the applications it decided), against a statewide denial rate of 16.2%.

5.0kApplicationsin AZ
12.1%Decision denial ratestate 20.4%
6.00%Median ratestate 6.50%
$335,000Median loanstate $275,000
$761MVolume15 counties

Freedom Mortgage in Arizona vs the state

7.0%Denial rate-9.20 pts vs state
12.1%Decision denial rate-8.30 pts vs state
42.5%Origination rate-16.94 pts vs state
6.00%Median rate-0.50 pts vs state
0.04Rate spread (pts)-0.18 pts vs state
$96kMedian applicant income
2,123Loans originated
351Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,47258715.1%6.75%#44
20243,4921,5919.2%6.25%#19
20254,9912,1237.0%6.00%#10

What Freedom Mortgage lends in Arizona

By loan purpose

Home purchase 306 6% · 9.5% denied
Refinance 2,915 58% · 2.7% denied
Cash-out refinance 1,754 35% · 13.6% denied
Other / HELOC 16 0% · 18.8% denied

By loan type

Conventional 676 14% · 8.0% denied
FHA 2,153 43% · 8.6% denied
VA 2,162 43% · 5.1% denied

Why it denied Arizona applicants

Collateral 137 39%
Debt-to-income ratio 70 20%
Credit history 61 17%
Other 41 12%
Unverifiable information 21 6%
Insufficient cash 9 3%
Incomplete application 7 2%
Employment history 5 1%

Where in Arizona

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 2,6531,081188 7.1%
Pima County 73932052 7.0%
Pinal County 63629943 6.8%
Mohave County 21610017 7.9%
Yuma County 1998415 7.5%
Yavapai County 1667017 10.2%
Cochise County 146658 5.5%
Navajo County 58246 10.3%
Gila County 49202 4.1%
Santa Cruz County 49250 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%
NewrezD 4,92216.9%6.38%

Frequently asked questions

Arizona: 4,991 applications in 2025, of which 2,123 were originated and 351 denied.

7.0% of all applications, or 12.1% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Freedom Mortgage originated in Arizona in 2025 was 6.00%, against a statewide median of 6.50%.

About this data. Figures are Freedom 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