Greenwood Credit Union · Arizona · 2025

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

Greenwood Credit Union took 41 mortgage applications in Arizona in 2025, ranking #335 of 1,082 lenders active in the state. It originated 97.6% of them and denied 2.4% (2.4% of the applications it decided), against a statewide denial rate of 16.2%.

41Applicationsin AZ
2.4%Decision denial ratestate 20.4%
8.49%Median ratestate 6.50%
$65,000Median loanstate $275,000
$3.0MVolume7 counties

Greenwood Credit Union in Arizona vs the state

2.4%Denial rate-13.79 pts vs state
2.4%Decision denial rate-17.97 pts vs state
97.6%Origination rate+38.08 pts vs state
8.49%Median rate+1.99 pts vs state
4.93Rate spread (pts)+4.71 pts vs state
$73kMedian applicant income
40Loans originated
1Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231005042.0%7.99%#228
2024945738.3%8.25%#242
202541402.4%8.49%#335

What Greenwood Credit Union lends in Arizona

By loan purpose

Home purchase 23 56% · 4.4% denied
Refinance 3 7% · 0.0% denied
Cash-out refinance 8 20% · 0.0% denied
Home improvement 7 17% · 0.0% denied

By loan type

Conventional 41 100% · 2.4% denied

Why it denied Arizona applicants

Debt-to-income ratio 1 100%

Where in Arizona

Counties with the most Greenwood Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 23221 4.3%
Pima County 770 0.0%
Pinal County 550 0.0%
Mohave County 220 0.0%
Yavapai County 220 0.0%
Yuma County 110 0.0%
Navajo 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: 41 applications in 2025, of which 40 were originated and 1 denied.

2.4% of all applications, or 2.4% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Greenwood Credit Union originated in Arizona in 2025 was 8.49%, against a statewide median of 6.50%.

About this data. Figures are Greenwood 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