New Day Financial in Arizona vs the state
23.2%Denial rate+6.96 pts vs state
56.2%Decision denial rate+35.76 pts vs state
16.2%Origination rate-43.31 pts vs state
6.75%Median rate+0.25 pts vs state
0.64Rate spread (pts)+0.42 pts vs state
$80kMedian applicant income
219Loans originated
314Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,052 | 182 | 23.7% | 7.43% | #64 |
| 2024 | 1,335 | 171 | 27.0% | 7.63% | #52 |
| 2025 | 1,354 | 219 | 23.2% | 6.75% | #50 |
What New Day Financial lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most New Day Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 614 | 76 | 162 | 26.4% |
| Pima County | 229 | 32 | 42 | 18.3% |
| Pinal County | 139 | 23 | 37 | 26.6% |
| Mohave County | 100 | 24 | 19 | 19.0% |
| Yavapai County | 70 | 15 | 13 | 18.6% |
| Cochise County | 68 | 20 | 12 | 17.6% |
| Yuma County | 44 | 11 | 12 | 27.3% |
| Navajo County | 28 | 5 | 6 | 21.4% |
| Santa Cruz County | 18 | 1 | 2 | 11.1% |
| Gila County | 17 | 4 | 4 | 23.5% |
Other large lenders in Arizona
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 25,383 | 10.2% | 6.25% |
| Rocket Mortgage | C | 17,947 | 15.6% | 6.75% |
| Desert Financial Credit Union | B | 16,970 | 24.3% | 6.49% |
| Crosscountry Mortgage | B | 7,570 | 3.8% | 6.58% |
| Fairway Independent Mortgage | B | 6,729 | 5.6% | 6.63% |
| Bank of America | F | 6,229 | 32.2% | 6.24% |
| Loandepot.Com | D | 6,180 | 16.1% | 5.99% |
| Pennymac Loan Services | C | 5,838 | 11.7% | 6.62% |
| Nova Financial & Investment | C | 5,380 | 16.2% | 6.49% |
| Freedom Mortgage | B | 4,991 | 7.0% | 6.00% |
Frequently asked questions
Arizona: 1,354 applications in 2025, of which 219 were originated and 314 denied.
23.2% of all applications, or 56.2% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans New Day Financial originated in Arizona in 2025 was 6.75%, against a statewide median of 6.50%.
About this data. Figures are New Day Financial'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