Magnolia Bank · Arizona · 2025

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

Magnolia Bank took 67 mortgage applications in Arizona in 2025, ranking #277 of 1,082 lenders active in the state. It originated 64.2% of them and denied 11.9% (15.7% of the applications it decided), against a statewide denial rate of 16.2%.

67Applicationsin AZ
15.7%Decision denial ratestate 20.4%
6.00%Median ratestate 6.50%
$365,000Median loanstate $275,000
$17MVolume10 counties

Magnolia Bank in Arizona vs the state

11.9%Denial rate-4.29 pts vs state
15.7%Decision denial rate-4.72 pts vs state
64.2%Origination rate+4.70 pts vs state
6.00%Median rate-0.50 pts vs state
-0.13Rate spread (pts)-0.35 pts vs state
$88kMedian applicant income
43Loans originated
8Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023483510.4%5.88%#311
202467469.0%5.75%#276
2025674311.9%6.00%#277

What Magnolia Bank lends in Arizona

By loan purpose

Home purchase 6 9% · 0.0% denied
Refinance 6 9% · 0.0% denied
Cash-out refinance 54 81% · 14.8% denied
Other / HELOC 1 1% · 0.0% denied

By loan type

Conventional 8 12% · 0.0% denied
FHA 1 1% · 0.0% denied
VA 58 87% · 13.8% denied

Why it denied Arizona applicants

Debt-to-income ratio 4 50%
Collateral 3 38%
Credit history 1 13%

Where in Arizona

Counties with the most Magnolia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 31197 22.6%
Pima County 1180 0.0%
Pinal County 850 0.0%
Yavapai County 420 0.0%
Cochise County 320 0.0%
Gila County 220 0.0%
Coconino County 220 0.0%
Navajo County 210 0.0%
Santa Cruz County 201 50.0%
Yuma County 220 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: 67 applications in 2025, of which 43 were originated and 8 denied.

11.9% of all applications, or 15.7% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Magnolia Bank originated in Arizona in 2025 was 6.00%, against a statewide median of 6.50%.

About this data. Figures are Magnolia Bank'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