Nicolet National Bank · Arizona · 2025

Nicolet National Bank in Arizona: approval rate, denial rate and rates (2025)

Nicolet National Bank took 12 mortgage applications in Arizona in 2025, ranking #481 of 1,082 lenders active in the state. It originated 75.0% of them and denied 8.3% (10.0% of the applications it decided), against a statewide denial rate of 16.2%.

12Applicationsin AZ
10.0%Decision denial ratestate 20.4%
6.63%Median ratestate 6.50%
$505,000Median loanstate $275,000
$5.1MVolume2 counties

Nicolet National Bank in Arizona vs the state

8.3%Denial rate-7.90 pts vs state
10.0%Decision denial rate-10.41 pts vs state
75.0%Origination rate+15.52 pts vs state
6.63%Median rate+0.13 pts vs state
0.41Rate spread (pts)+0.19 pts vs state
$340kMedian applicant income
9Loans originated
1Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231080.0%6.69%#508
20251298.3%6.63%#481

What Nicolet National Bank lends in Arizona

By loan purpose

Home purchase 10 83% · 0.0% denied
Refinance 1 8% · 0.0% denied
Home improvement 1 8% · 100.0% denied

By loan type

Conventional 12 100% · 8.3% denied

Why it denied Arizona applicants

Other 1 100%

Where in Arizona

Counties with the most Nicolet National Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 1071 10.0%
Pima County 220 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: 12 applications in 2025, of which 9 were originated and 1 denied.

8.3% of all applications, or 10.0% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Nicolet National Bank originated in Arizona in 2025 was 6.63%, against a statewide median of 6.50%.

About this data. Figures are Nicolet National Bank'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