Manufacturers and Traders Trust · Arizona · 2025

Manufacturers and Traders Trust in Arizona: approval rate, denial rate and rates (2025)

Manufacturers and Traders Trust took 126 mortgage applications in Arizona in 2025, ranking #218 of 1,082 lenders active in the state. It originated 54.8% of them and denied 14.3% (20.2% of the applications it decided), against a statewide denial rate of 16.2%.

126Applicationsin AZ
20.2%Decision denial ratestate 20.4%
3.13%Median ratestate 6.50%
$295,000Median loanstate $275,000
$26MVolume11 counties

Manufacturers and Traders Trust in Arizona vs the state

14.3%Denial rate-1.94 pts vs state
20.2%Decision denial rate-0.19 pts vs state
54.8%Origination rate-4.72 pts vs state
3.13%Median rate-3.38 pts vs state
0.21Rate spread (pts)-0.01 pts vs state
$105kMedian applicant income
69Loans originated
18Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023783723.1%3.75%#259
20241106220.0%3.25%#226
20251266914.3%3.13%#218

What Manufacturers and Traders Trust lends in Arizona

By loan purpose

Home purchase 63 50% · 15.9% denied
Refinance 11 9% · 18.2% denied
Cash-out refinance 24 19% · 8.3% denied
Home improvement 1 1% · 100.0% denied
Other / HELOC 27 21% · 11.1% denied

By loan type

Conventional 33 26% · 21.2% denied
FHA 40 32% · 7.5% denied
VA 53 42% · 15.1% denied

Why it denied Arizona applicants

Other 5 28%
Debt-to-income ratio 4 22%
Credit history 3 17%
Employment history 2 11%
Unverifiable information 2 11%
Collateral 1 6%
Incomplete application 1 6%

Where in Arizona

Counties with the most Manufacturers and Traders Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 67399 13.4%
Pima County 22122 9.1%
Pinal County 1665 31.3%
Yavapai County 640 0.0%
Mohave County 431 25.0%
Navajo County 210 0.0%
Graham County 220 0.0%
Cochise County 210 0.0%
Santa Cruz County 200 0.0%
Yuma County 211 50.0%

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: 126 applications in 2025, of which 69 were originated and 18 denied.

14.3% of all applications, or 20.2% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Manufacturers and Traders Trust originated in Arizona in 2025 was 3.13%, against a statewide median of 6.50%.

About this data. Figures are Manufacturers and Traders Trust'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