Hughes Federal Credit Union in Arizona vs the state
24.4%Denial rate+8.19 pts vs state
28.6%Decision denial rate+8.23 pts vs state
43.5%Origination rate-15.98 pts vs state
8.50%Median rate+2.00 pts vs state
1.34Rate spread (pts)+1.12 pts vs state
$96kMedian applicant income
301Loans originated
169Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 941 | 443 | 26.0% | 9.25% | #68 |
| 2024 | 800 | 355 | 25.5% | 9.50% | #80 |
| 2025 | 692 | 301 | 24.4% | 8.50% | #92 |
What Hughes Federal Credit Union lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Hughes Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pima County | 516 | 247 | 108 | 20.9% |
| Maricopa County | 74 | 23 | 25 | 33.8% |
| Pinal County | 31 | 8 | 9 | 29.0% |
| Yavapai County | 11 | 2 | 7 | 63.6% |
| Yuma County | 10 | 0 | 6 | 60.0% |
| Cochise County | 9 | 7 | 0 | 0.0% |
| Mohave County | 8 | 2 | 3 | 37.5% |
| Santa Cruz County | 7 | 1 | 2 | 28.6% |
| Graham County | 6 | 2 | 2 | 33.3% |
| Navajo County | 5 | 1 | 2 | 40.0% |
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: 692 applications in 2025, of which 301 were originated and 169 denied.
24.4% of all applications, or 28.6% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Hughes Federal Credit Union originated in Arizona in 2025 was 8.50%, against a statewide median of 6.50%.
About this data. Figures are Hughes Federal 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