Peak Residential Lending · Arizona · 2025

Peak Residential Lending in Arizona: approval rate, denial rate and rates (2025)

Peak Residential Lending took 95 mortgage applications in Arizona in 2025, ranking #252 of 1,082 lenders active in the state. It originated 67.4% of them and denied 1.1% (1.5% of the applications it decided), against a statewide denial rate of 16.2%.

95Applicationsin AZ
1.5%Decision denial ratestate 20.4%
6.50%Median ratestate 6.50%
$285,000Median loanstate $275,000
$19MVolume5 counties

Peak Residential Lending in Arizona vs the state

1.1%Denial rate-15.18 pts vs state
1.5%Decision denial rate-18.87 pts vs state
67.4%Origination rate+7.89 pts vs state
6.50%Median rate0.00 pts vs state
0.28Rate spread (pts)+0.06 pts vs state
$102kMedian applicant income
64Loans originated
1Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
202489632.3%6.63%#253
202595641.1%6.50%#252

What Peak Residential Lending lends in Arizona

By loan purpose

Home purchase 73 77% · 1.4% denied
Refinance 11 12% · 0.0% denied
Cash-out refinance 11 12% · 0.0% denied

By loan type

Conventional 53 56% · 0.0% denied
FHA 25 26% · 4.0% denied
VA 11 12% · 0.0% denied
USDA / RHS 6 6% · 0.0% denied

Why it denied Arizona applicants

Collateral 1 100%

Where in Arizona

Counties with the most Peak Residential Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 47341 2.1%
Navajo County 41250 0.0%
Yavapai County 320 0.0%
Coconino County 330 0.0%
Pinal County 100 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: 95 applications in 2025, of which 64 were originated and 1 denied.

1.1% of all applications, or 1.5% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Peak Residential Lending originated in Arizona in 2025 was 6.50%, against a statewide median of 6.50%.

About this data. Figures are Peak Residential Lending'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