Residential Mortgage · Arizona · 2025

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

Residential Mortgage took 174 mortgage applications in Arizona in 2025, ranking #187 of 1,082 lenders active in the state. It originated 73.0% of them and denied 8.6% (10.6% of the applications it decided), against a statewide denial rate of 16.2%.

174Applicationsin AZ
10.6%Decision denial ratestate 20.4%
6.50%Median ratestate 6.50%
$375,000Median loanstate $275,000
$56MVolume8 counties

Residential Mortgage in Arizona vs the state

8.6%Denial rate-7.61 pts vs state
10.6%Decision denial rate-9.85 pts vs state
73.0%Origination rate+13.51 pts vs state
6.50%Median rate0.00 pts vs state
0.25Rate spread (pts)+0.03 pts vs state
$127kMedian applicant income
127Loans originated
15Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
202362423.2%6.38%#286
20242291508.7%6.50%#156
20251741278.6%6.50%#187

What Residential Mortgage lends in Arizona

By loan purpose

Home purchase 134 77% · 5.2% denied
Refinance 14 8% · 21.4% denied
Cash-out refinance 26 15% · 19.2% denied

By loan type

Conventional 133 76% · 8.3% denied
FHA 32 18% · 9.4% denied
VA 9 5% · 11.1% denied

Why it denied Arizona applicants

Debt-to-income ratio 5 33%
Credit history 4 27%
Collateral 3 20%
Unverifiable information 2 13%
Other 1 7%

Where in Arizona

Counties with the most Residential Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 1218610 8.3%
Mohave County 16113 18.8%
Yavapai County 1391 7.7%
Pinal County 971 11.1%
Coconino County 660 0.0%
Pima County 550 0.0%
Gila County 320 0.0%
Cochise County 110 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: 174 applications in 2025, of which 127 were originated and 15 denied.

8.6% of all applications, or 10.6% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

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

About this data. Figures are Residential Mortgage'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