Newrez · Arizona · 2025

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

Newrez took 4,922 mortgage applications in Arizona in 2025, ranking #11 of 1,082 lenders active in the state. It originated 37.5% of them and denied 16.9% (30.6% of the applications it decided), against a statewide denial rate of 16.2%.

4.9kApplicationsin AZ
30.6%Decision denial ratestate 20.4%
6.38%Median ratestate 6.50%
$285,000Median loanstate $275,000
$668MVolume15 counties

Newrez in Arizona vs the state

16.9%Denial rate+0.63 pts vs state
30.6%Decision denial rate+10.15 pts vs state
37.5%Origination rate-22.00 pts vs state
6.38%Median rate-0.13 pts vs state
0.24Rate spread (pts)+0.02 pts vs state
$99kMedian applicant income
1,845Loans originated
830Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,01452618.6%6.75%#34
20243,3271,16118.8%6.63%#21
20254,9221,84516.9%6.38%#11

What Newrez lends in Arizona

By loan purpose

Home purchase 958 19% · 8.6% denied
Refinance 1,468 30% · 10.8% denied
Cash-out refinance 2,493 51% · 23.6% denied
Home improvement 3 0% · 33.3% denied

By loan type

Conventional 2,778 56% · 16.4% denied
FHA 1,194 24% · 26.0% denied
VA 937 19% · 6.7% denied
USDA / RHS 13 0% · 15.4% denied

Why it denied Arizona applicants

Debt-to-income ratio 510 61%
Credit history 121 15%
Collateral 75 9%
Unverifiable information 49 6%
Other 34 4%
Insufficient cash 22 3%
Employment history 19 2%

Where in Arizona

Counties with the most Newrez applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 2,8771,107469 16.3%
Pima County 656219115 17.5%
Pinal County 45619180 17.5%
Yavapai County 2028031 15.3%
Mohave County 1936537 19.2%
Yuma County 1203921 17.5%
Cochise County 1112925 22.5%
Coconino County 893511 12.4%
Navajo County 792816 20.3%
Gila County 562215 26.8%

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: 4,922 applications in 2025, of which 1,845 were originated and 830 denied.

16.9% of all applications, or 30.6% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Newrez originated in Arizona in 2025 was 6.38%, against a statewide median of 6.50%.

About this data. Figures are Newrez'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