Mortgage Research Center · Arizona · 2025

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

Mortgage Research Center took 3,676 mortgage applications in Arizona in 2025, ranking #19 of 1,082 lenders active in the state. It originated 42.6% of them and denied 18.8% (30.4% of the applications it decided), against a statewide denial rate of 16.2%.

3.7kApplicationsin AZ
30.4%Decision denial ratestate 20.4%
6.13%Median ratestate 6.50%
$345,000Median loanstate $275,000
$578MVolume15 counties

Mortgage Research Center in Arizona vs the state

18.8%Denial rate+2.57 pts vs state
30.4%Decision denial rate+9.94 pts vs state
42.6%Origination rate-16.91 pts vs state
6.13%Median rate-0.38 pts vs state
-0.38Rate spread (pts)-0.60 pts vs state
$98kMedian applicant income
1,565Loans originated
691Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,3861,07514.7%6.63%#28
20242,8291,26917.1%6.25%#25
20253,6761,56518.8%6.13%#19

What Mortgage Research Center lends in Arizona

By loan purpose

Home purchase 1,974 54% · 5.1% denied
Refinance 757 21% · 34.2% denied
Cash-out refinance 945 26% · 35.1% denied

By loan type

Conventional 231 6% · 26.4% denied
FHA 53 1% · 11.3% denied
VA 3,392 92% · 18.4% denied

Why it denied Arizona applicants

Credit history 384 56%
Other 177 26%
Incomplete application 68 10%
Debt-to-income ratio 41 6%
Collateral 13 2%
Employment history 4 1%
Insufficient cash 4 1%

Where in Arizona

Counties with the most Mortgage Research Center applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 1,484589296 19.9%
Pima County 670258142 21.2%
Pinal County 37817762 16.4%
Mohave County 28113843 15.3%
Cochise County 21510334 15.8%
Yuma County 21010535 16.7%
Yavapai County 1959134 17.4%
Navajo County 792914 17.7%
Gila County 50198 16.0%
Coconino County 39176 15.4%

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: 3,676 applications in 2025, of which 1,565 were originated and 691 denied.

18.8% of all applications, or 30.4% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Mortgage Research Center originated in Arizona in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Mortgage Research Center'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