Nova Financial & Investment in Arizona vs the state
16.2%Denial rate-0.06 pts vs state
19.1%Decision denial rate-1.27 pts vs state
66.2%Origination rate+6.69 pts vs state
6.49%Median rate-0.01 pts vs state
0.21Rate spread (pts)-0.01 pts vs state
$8kMedian applicant income
3,560Loans originated
870Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 6,175 | 3,720 | 5.3% | 6.75% | #6 |
| 2024 | 5,137 | 3,502 | 5.2% | 6.75% | #9 |
| 2025 | 5,380 | 3,560 | 16.2% | 6.49% | #9 |
What Nova Financial & Investment lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Nova Financial & Investment applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Pima County | 2,007 | 1,418 | 259 | 12.9% |
| Maricopa County | 1,338 | 875 | 206 | 15.4% |
| Yuma County | 864 | 631 | 67 | 7.8% |
| Pinal County | 238 | 161 | 28 | 11.8% |
| Cochise County | 127 | 75 | 24 | 18.9% |
| Graham County | 104 | 80 | 8 | 7.7% |
| Yavapai County | 63 | 43 | 9 | 14.3% |
| Santa Cruz County | 61 | 44 | 13 | 21.3% |
| Mohave County | 36 | 25 | 3 | 8.3% |
| Navajo County | 32 | 18 | 7 | 21.9% |
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% |
| Freedom Mortgage | B | 4,991 | 7.0% | 6.00% |
| Newrez | D | 4,922 | 16.9% | 6.38% |
Frequently asked questions
Arizona: 5,380 applications in 2025, of which 3,560 were originated and 870 denied.
16.2% of all applications, or 19.1% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Nova Financial & Investment originated in Arizona in 2025 was 6.49%, against a statewide median of 6.50%.
About this data. Figures are Nova Financial & Investment'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