Nations Lending · Arizona · 2025

Nations Lending in Arizona: approval rate, denial rate and rates (2025)

Nations Lending took 739 mortgage applications in Arizona in 2025, ranking #87 of 1,082 lenders active in the state. It originated 76.3% of them and denied 3.3% (3.5% of the applications it decided), against a statewide denial rate of 16.2%.

739Applicationsin AZ
3.5%Decision denial ratestate 20.4%
6.50%Median ratestate 6.50%
$375,000Median loanstate $275,000
$242MVolume11 counties

Nations Lending in Arizona vs the state

3.3%Denial rate-12.98 pts vs state
3.5%Decision denial rate-16.95 pts vs state
76.3%Origination rate+16.84 pts vs state
6.50%Median rate0.00 pts vs state
0.13Rate spread (pts)-0.09 pts vs state
$128kMedian applicant income
564Loans originated
24Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236354931.7%6.75%#87
20248066062.4%6.63%#78
20257395643.3%6.50%#87

What Nations Lending lends in Arizona

By loan purpose

Home purchase 570 77% · 2.5% denied
Refinance 86 12% · 2.3% denied
Cash-out refinance 83 11% · 9.6% denied

By loan type

Conventional 524 71% · 2.9% denied
FHA 126 17% · 7.1% denied
VA 88 12% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 9 38%
Collateral 7 29%
Credit history 6 25%
Employment history 1 4%
Unverifiable information 1 4%

Where in Arizona

Counties with the most Nations Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 44433211 2.5%
Pima County 111904 3.6%
Yavapai County 83631 1.2%
Pinal County 53403 5.7%
Mohave County 16133 18.8%
Yuma County 980 0.0%
Coconino County 641 16.7%
Cochise County 660 0.0%
Navajo County 531 20.0%
Gila County 440 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: 739 applications in 2025, of which 564 were originated and 24 denied.

3.3% of all applications, or 3.5% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Nations Lending originated in Arizona in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Nations Lending'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