Navy Federal Credit Union · Arizona · 2025

Navy Federal Credit Union in Arizona: approval rate, denial rate and rates (2025)

Navy Federal Credit Union took 4,421 mortgage applications in Arizona in 2025, ranking #15 of 1,082 lenders active in the state. It originated 44.3% of them and denied 24.0% (34.7% of the applications it decided), against a statewide denial rate of 16.2%.

4.4kApplicationsin AZ
34.7%Decision denial ratestate 20.4%
7.75%Median ratestate 6.50%
$125,000Median loanstate $275,000
$419MVolume15 counties

Navy Federal Credit Union in Arizona vs the state

24.0%Denial rate+7.75 pts vs state
34.7%Decision denial rate+14.24 pts vs state
44.3%Origination rate-15.15 pts vs state
7.75%Median rate+1.25 pts vs state
0.84Rate spread (pts)+0.62 pts vs state
$117kMedian applicant income
1,960Loans originated
1,060Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234,2451,89827.8%7.75%#12
20244,6682,20723.7%8.35%#11
20254,4211,96024.0%7.75%#15

What Navy Federal Credit Union lends in Arizona

By loan purpose

Home purchase 1,021 23% · 9.4% denied
Refinance 233 5% · 16.7% denied
Cash-out refinance 571 13% · 20.8% denied
Home improvement 1,128 26% · 29.0% denied
Other / HELOC 1,468 33% · 32.6% denied

By loan type

Conventional 3,664 83% · 26.7% denied
VA 757 17% · 10.8% denied

Why it denied Arizona applicants

Debt-to-income ratio 412 39%
Other 249 23%
Credit history 204 19%
Collateral 86 8%
Incomplete application 51 5%
Unverifiable information 36 3%
Employment history 15 1%
Insufficient cash 7 1%

Where in Arizona

Counties with the most Navy Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 2,5691,133621 24.2%
Pima County 46621395 20.4%
Yuma County 403192104 25.8%
Pinal County 34914896 27.5%
Cochise County 2019544 21.9%
Mohave County 1486727 18.2%
Yavapai County 1405538 27.1%
Coconino County 41197 17.1%
Navajo County 34812 35.3%
Gila County 25113 12.0%

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: 4,421 applications in 2025, of which 1,960 were originated and 1,060 denied.

24.0% of all applications, or 34.7% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Navy Federal Credit Union originated in Arizona in 2025 was 7.75%, against a statewide median of 6.50%.

About this data. Figures are Navy Federal Credit Union'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