Heritage Bank · Arizona · 2025

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

Heritage Bank took 12 mortgage applications in Arizona in 2025, ranking #484 of 1,082 lenders active in the state. It originated 50.0% of them and denied 16.7% (25.0% of the applications it decided), against a statewide denial rate of 16.2%.

12Applicationsin AZ
25.0%Decision denial ratestate 20.4%
Median ratestate 6.50%
$640,000Median loanstate $275,000
$4.8MVolume5 counties

Heritage Bank in Arizona vs the state

16.7%Denial rate+0.44 pts vs state
25.0%Decision denial rate+4.59 pts vs state
50.0%Origination rate-9.48 pts vs state
Median rate
Rate spread (pts)
$217kMedian applicant income
6Loans originated
2Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231170.0%6.00%#502
20245240.0%#603
202512616.7%#484

What Heritage Bank lends in Arizona

By loan purpose

Home purchase 9 75% · 11.1% denied
Refinance 1 8% · 0.0% denied
Cash-out refinance 1 8% · 0.0% denied
Home improvement 1 8% · 100.0% denied

By loan type

Conventional 9 75% · 11.1% denied
VA 3 25% · 33.3% denied

Why it denied Arizona applicants

Other 1 50%
Debt-to-income ratio 1 50%

Where in Arizona

Counties with the most Heritage Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 640 0.0%
Coconino County 210 0.0%
Mohave County 211 50.0%
Pima County 101 100.0%
Yuma 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: 12 applications in 2025, of which 6 were originated and 2 denied.

16.7% of all applications, or 25.0% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Heritage 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