Landings · Arizona · 2025

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

Landings took 144 mortgage applications in Arizona in 2025, ranking #203 of 1,082 lenders active in the state. It originated 52.8% of them and denied 13.2% (18.8% of the applications it decided), against a statewide denial rate of 16.2%.

144Applicationsin AZ
18.8%Decision denial ratestate 20.4%
8.00%Median ratestate 6.50%
$75,000Median loanstate $275,000
$8.9MVolume6 counties

Landings in Arizona vs the state

13.2%Denial rate-3.04 pts vs state
18.8%Decision denial rate-1.60 pts vs state
52.8%Origination rate-6.70 pts vs state
8.00%Median rate+1.50 pts vs state
2.09Rate spread (pts)+1.87 pts vs state
$106kMedian applicant income
76Loans originated
19Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231641007.3%8.75%#172
20241126517.0%8.50%#225
20251447613.2%8.00%#203

What Landings lends in Arizona

By loan purpose

Home purchase 9 6% · 0.0% denied
Refinance 15 10% · 13.3% denied
Cash-out refinance 70 49% · 20.0% denied
Other / HELOC 50 35% · 6.0% denied

By loan type

Conventional 144 100% · 13.2% denied

Why it denied Arizona applicants

Debt-to-income ratio 10 53%
Other 8 42%
Credit history 1 5%

Where in Arizona

Counties with the most Landings applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 1286817 13.3%
Pinal County 1050 0.0%
Coconino County 110 0.0%
Mohave County 110 0.0%
Yavapai County 110 0.0%
Pima County 101 100.0%

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: 144 applications in 2025, of which 76 were originated and 19 denied.

13.2% of all applications, or 18.8% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Landings originated in Arizona in 2025 was 8.00%, against a statewide median of 6.50%.

About this data. Figures are Landings'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