Rocket Mortgage · Arizona · 2025

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

Rocket Mortgage took 17,947 mortgage applications in Arizona in 2025, ranking #2 of 1,082 lenders active in the state. It originated 74.2% of them and denied 15.6% (16.9% of the applications it decided), against a statewide denial rate of 16.2%.

18kApplicationsin AZ
16.9%Decision denial ratestate 20.4%
6.75%Median ratestate 6.50%
$255,000Median loanstate $275,000
$3.8BVolume15 counties

Rocket Mortgage in Arizona vs the state

15.6%Denial rate-0.66 pts vs state
16.9%Decision denial rate-3.52 pts vs state
74.2%Origination rate+14.74 pts vs state
6.75%Median rate+0.25 pts vs state
0.43Rate spread (pts)+0.21 pts vs state
$103kMedian applicant income
13,320Loans originated
2,794Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
202311,5058,65614.3%6.63%#3
202414,95211,48313.9%6.75%#2
202517,94713,32015.6%6.75%#2

What Rocket Mortgage lends in Arizona

By loan purpose

Home purchase 5,566 31% · 9.4% denied
Refinance 2,942 16% · 18.3% denied
Cash-out refinance 8,671 48% · 18.2% denied
Home improvement 251 1% · 22.7% denied
Other / HELOC 517 3% · 20.1% denied

By loan type

Conventional 13,867 77% · 14.0% denied
FHA 2,528 14% · 26.3% denied
VA 1,552 9% · 12.4% denied

Why it denied Arizona applicants

Collateral 1,017 36%
Debt-to-income ratio 781 28%
Incomplete application 474 17%
Credit history 150 5%
Other 141 5%
Insufficient cash 107 4%
Unverifiable information 98 4%
Employment history 26 1%

Where in Arizona

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 11,0188,3271,599 14.5%
Pima County 1,9121,344370 19.4%
Pinal County 1,6021,180258 16.1%
Mohave County 815597133 16.3%
Yavapai County 772566108 14.0%
Yuma County 43531977 17.7%
Navajo County 34126442 12.3%
Cochise County 31622057 18.0%
Coconino County 29521150 16.9%
Gila County 16210930 18.5%

Other large lenders in Arizona

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 25,38310.2%6.25%
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%
NewrezD 4,92216.9%6.38%

Frequently asked questions

Arizona: 17,947 applications in 2025, of which 13,320 were originated and 2,794 denied.

15.6% of all applications, or 16.9% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Rocket Mortgage originated in Arizona in 2025 was 6.75%, against a statewide median of 6.50%.

About this data. Figures are Rocket 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