Hometown Equity Mortgage · Arizona · 2025

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

Hometown Equity Mortgage took 317 mortgage applications in Arizona in 2025, ranking #144 of 1,082 lenders active in the state. It originated 54.3% of them and denied 42.3% (43.7% of the applications it decided), against a statewide denial rate of 16.2%.

317Applicationsin AZ
43.7%Decision denial ratestate 20.4%
7.25%Median ratestate 6.50%
$365,000Median loanstate $275,000
$80MVolume11 counties

Hometown Equity Mortgage in Arizona vs the state

42.3%Denial rate+26.04 pts vs state
43.7%Decision denial rate+23.24 pts vs state
54.3%Origination rate-5.22 pts vs state
7.25%Median rate+0.75 pts vs state
0.95Rate spread (pts)+0.73 pts vs state
$175kMedian applicant income
172Loans originated
134Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231465245.9%8.44%#188
20241829148.9%7.63%#174
202531717242.3%7.25%#144

What Hometown Equity Mortgage lends in Arizona

By loan purpose

Home purchase 109 34% · 34.9% denied
Refinance 61 19% · 59.0% denied
Cash-out refinance 147 46% · 40.8% denied

By loan type

Conventional 296 93% · 41.2% denied
FHA 20 6% · 60.0% denied
VA 1 0% · 0.0% denied

Why it denied Arizona applicants

Incomplete application 96 72%
Collateral 22 16%
Credit history 7 5%
Debt-to-income ratio 5 4%
Unverifiable information 3 2%
Insufficient cash 1 1%

Where in Arizona

Counties with the most Hometown Equity Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 241130102 42.3%
Pima County 251212 48.0%
Pinal County 1697 43.8%
Yavapai County 733 42.9%
Mohave County 761 14.3%
Coconino County 752 28.6%
Navajo County 532 40.0%
Gila County 532 40.0%
Santa Cruz County 202 100.0%
Cochise 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: 317 applications in 2025, of which 172 were originated and 134 denied.

42.3% of all applications, or 43.7% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Hometown Equity Mortgage originated in Arizona in 2025 was 7.25%, against a statewide median of 6.50%.

About this data. Figures are Hometown Equity 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