Pennymac Loan Services in Arizona vs the state
11.7%Denial rate-4.50 pts vs state
17.1%Decision denial rate-3.31 pts vs state
55.4%Origination rate-4.12 pts vs state
6.62%Median rate+0.12 pts vs state
0.32Rate spread (pts)+0.10 pts vs state
$118kMedian applicant income
3,232Loans originated
685Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,862 | 1,331 | 15.1% | 6.63% | #22 |
| 2024 | 3,988 | 2,078 | 12.5% | 6.62% | #15 |
| 2025 | 5,838 | 3,232 | 11.7% | 6.62% | #8 |
What Pennymac Loan Services lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Pennymac Loan Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 3,474 | 2,031 | 395 | 11.4% |
| Pima County | 728 | 367 | 78 | 10.7% |
| Pinal County | 542 | 289 | 66 | 12.2% |
| Yavapai County | 214 | 122 | 33 | 15.4% |
| Mohave County | 201 | 105 | 25 | 12.4% |
| Yuma County | 174 | 73 | 26 | 14.9% |
| Cochise County | 144 | 61 | 16 | 11.1% |
| Coconino County | 102 | 60 | 10 | 9.8% |
| Navajo County | 76 | 41 | 7 | 9.2% |
| Gila County | 61 | 29 | 12 | 19.7% |
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% |
| Nova Financial & Investment | C | 5,380 | 16.2% | 6.49% |
| Freedom Mortgage | B | 4,991 | 7.0% | 6.00% |
| Newrez | D | 4,922 | 16.9% | 6.38% |
Frequently asked questions
Arizona: 5,838 applications in 2025, of which 3,232 were originated and 685 denied.
11.7% of all applications, or 17.1% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Pennymac Loan Services originated in Arizona in 2025 was 6.62%, against a statewide median of 6.50%.
About this data. Figures are Pennymac Loan Services'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