PNC Bank · Arizona · 2025

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

PNC Bank took 1,811 mortgage applications in Arizona in 2025, ranking #41 of 1,082 lenders active in the state. It originated 47.4% of them and denied 32.0% (39.5% of the applications it decided), against a statewide denial rate of 16.2%.

1.8kApplicationsin AZ
39.5%Decision denial ratestate 20.4%
7.99%Median ratestate 6.50%
$105,000Median loanstate $275,000
$532MVolume13 counties

PNC Bank in Arizona vs the state

32.0%Denial rate+15.74 pts vs state
39.5%Decision denial rate+19.09 pts vs state
47.4%Origination rate-12.10 pts vs state
7.99%Median rate+1.49 pts vs state
0.79Rate spread (pts)+0.57 pts vs state
$107kMedian applicant income
858Loans originated
579Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,3221,18727.7%9.09%#29
20241,99498330.2%9.22%#38
20251,81185832.0%7.99%#41

What PNC Bank lends in Arizona

By loan purpose

Home purchase 245 14% · 13.5% denied
Refinance 329 18% · 32.2% denied
Cash-out refinance 26 1% · 23.1% denied
Home improvement 629 35% · 35.0% denied
Other / HELOC 582 32% · 36.8% denied

By loan type

Conventional 1,791 99% · 31.8% denied
FHA 15 1% · 53.3% denied
VA 5 0% · 20.0% denied

Why it denied Arizona applicants

Credit history 233 40%
Debt-to-income ratio 232 40%
Incomplete application 53 9%
Collateral 46 8%
Other 10 2%
Insufficient cash 2 0%
Employment history 2 0%
Unverifiable information 1 0%

Where in Arizona

Counties with the most PNC Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 1,191578362 30.4%
Pima County 24510494 38.4%
Pinal County 1145343 37.7%
Mohave County 813925 30.9%
Yavapai County 664013 19.7%
Cochise County 30149 30.0%
Coconino County 291112 41.4%
Navajo County 24910 41.7%
Gila County 1658 50.0%
Yuma County 830 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: 1,811 applications in 2025, of which 858 were originated and 579 denied.

32.0% of all applications, or 39.5% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans PNC Bank originated in Arizona in 2025 was 7.99%, against a statewide median of 6.50%.

About this data. Figures are PNC 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