NexBank in Arizona vs the state
10.3%Denial rate-5.90 pts vs state
12.5%Decision denial rate-7.95 pts vs state
71.5%Origination rate+12.06 pts vs state
6.38%Median rate-0.13 pts vs state
0.13Rate spread (pts)-0.09 pts vs state
$177kMedian applicant income
284Loans originated
41Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 257 | 193 | 8.6% | 6.75% | #144 |
| 2024 | 264 | 206 | 7.6% | 6.93% | #144 |
| 2025 | 397 | 284 | 10.3% | 6.38% | #132 |
What NexBank lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most NexBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 303 | 227 | 26 | 8.6% |
| Pinal County | 32 | 18 | 6 | 18.8% |
| Pima County | 16 | 8 | 3 | 18.8% |
| Coconino County | 13 | 9 | 3 | 23.1% |
| Yavapai County | 11 | 5 | 2 | 18.2% |
| Mohave County | 10 | 6 | 1 | 10.0% |
| Navajo County | 4 | 3 | 0 | 0.0% |
| La Paz County | 3 | 3 | 0 | 0.0% |
| Gila County | 3 | 3 | 0 | 0.0% |
| Cochise County | 2 | 2 | 0 | 0.0% |
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: 397 applications in 2025, of which 284 were originated and 41 denied.
10.3% of all applications, or 12.5% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans NexBank originated in Arizona in 2025 was 6.38%, against a statewide median of 6.50%.
About this data. Figures are NexBank'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