ML Mortgage · Arizona · 2025

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

ML Mortgage took 79 mortgage applications in Arizona in 2025, ranking #266 of 1,082 lenders active in the state. It originated 73.4% of them and denied 7.6% (9.2% of the applications it decided), against a statewide denial rate of 16.2%.

79Applicationsin AZ
9.2%Decision denial ratestate 20.4%
6.88%Median ratestate 6.50%
$315,000Median loanstate $275,000
$21MVolume6 counties

ML Mortgage in Arizona vs the state

7.6%Denial rate-8.64 pts vs state
9.2%Decision denial rate-11.18 pts vs state
73.4%Origination rate+13.94 pts vs state
6.88%Median rate+0.38 pts vs state
0.83Rate spread (pts)+0.61 pts vs state
$100kMedian applicant income
58Loans originated
6Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023845516.7%7.13%#249
202437292.7%6.75%#341
202579587.6%6.88%#266

What ML Mortgage lends in Arizona

By loan purpose

Home purchase 53 67% · 9.4% denied
Refinance 14 18% · 7.1% denied
Cash-out refinance 12 15% · 0.0% denied

By loan type

Conventional 51 65% · 3.9% denied
FHA 28 35% · 14.3% denied

Why it denied Arizona applicants

Debt-to-income ratio 3 50%
Insufficient cash 1 17%
Incomplete application 1 17%
Collateral 1 17%

Where in Arizona

Counties with the most ML Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 50374 8.0%
Mohave County 18140 0.0%
Pinal County 742 28.6%
Yavapai County 220 0.0%
Yuma County 110 0.0%
Gila County 100 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: 79 applications in 2025, of which 58 were originated and 6 denied.

7.6% of all applications, or 9.2% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans ML Mortgage originated in Arizona in 2025 was 6.88%, against a statewide median of 6.50%.

About this data. Figures are ML 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