Luxury Mortgage · Arizona · 2025

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

Luxury Mortgage took 45 mortgage applications in Arizona in 2025, ranking #326 of 1,082 lenders active in the state. It originated 57.8% of them and denied 6.7% (9.7% of the applications it decided), against a statewide denial rate of 16.2%.

45Applicationsin AZ
9.7%Decision denial ratestate 20.4%
7.06%Median ratestate 6.50%
$595,000Median loanstate $275,000
$24MVolume5 counties

Luxury Mortgage in Arizona vs the state

6.7%Denial rate-9.56 pts vs state
9.7%Decision denial rate-10.73 pts vs state
57.8%Origination rate-1.70 pts vs state
7.06%Median rate+0.56 pts vs state
0.75Rate spread (pts)+0.53 pts vs state
$332kMedian applicant income
26Loans originated
3Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024261126.9%7.88%#374
202545266.7%7.06%#326

What Luxury Mortgage lends in Arizona

By loan purpose

Home purchase 23 51% · 4.4% denied
Refinance 8 18% · 12.5% denied
Cash-out refinance 11 24% · 9.1% denied
Other / HELOC 3 7% · 0.0% denied

By loan type

Conventional 45 100% · 6.7% denied

Why it denied Arizona applicants

Other 1 33%
Debt-to-income ratio 1 33%
Credit history 1 33%

Where in Arizona

Counties with the most Luxury Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 34202 5.9%
Pima County 320 0.0%
Yavapai County 311 33.3%
Coconino County 320 0.0%
Pinal County 210 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: 45 applications in 2025, of which 26 were originated and 3 denied.

6.7% of all applications, or 9.7% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Luxury Mortgage originated in Arizona in 2025 was 7.06%, against a statewide median of 6.50%.

About this data. Figures are Luxury 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