Loan Simple · Arizona · 2025

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

Loan Simple took 57 mortgage applications in Arizona in 2025, ranking #297 of 1,082 lenders active in the state. It originated 71.9% of them and denied 5.3% (6.8% of the applications it decided), against a statewide denial rate of 16.2%.

57Applicationsin AZ
6.8%Decision denial ratestate 20.4%
6.75%Median ratestate 6.50%
$335,000Median loanstate $275,000
$14MVolume8 counties

Loan Simple in Arizona vs the state

5.3%Denial rate-10.97 pts vs state
6.8%Decision denial rate-13.59 pts vs state
71.9%Origination rate+12.45 pts vs state
6.75%Median rate+0.25 pts vs state
0.44Rate spread (pts)+0.22 pts vs state
$119kMedian applicant income
41Loans originated
3Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023122755.7%7.13%#209
202475562.7%7.13%#271
202557415.3%6.75%#297

What Loan Simple lends in Arizona

By loan purpose

Home purchase 36 63% · 5.6% denied
Refinance 21 37% · 4.8% denied

By loan type

Conventional 24 42% · 0.0% denied
FHA 31 54% · 9.7% denied
VA 1 2% · 0.0% denied
USDA / RHS 1 2% · 0.0% denied

Why it denied Arizona applicants

Other 1 33%
Credit history 1 33%
Employment history 1 33%

Where in Arizona

Counties with the most Loan Simple applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 35232 5.7%
Pinal County 970 0.0%
Yavapai County 861 12.5%
Cochise County 110 0.0%
Mohave County 110 0.0%
Coconino County 110 0.0%
Gila County 110 0.0%
Pima 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: 57 applications in 2025, of which 41 were originated and 3 denied.

5.3% of all applications, or 6.8% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Loan Simple originated in Arizona in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are Loan Simple'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