Sun American Mortgage · Arizona · 2025

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

Sun American Mortgage took 387 mortgage applications in Arizona in 2025, ranking #134 of 1,082 lenders active in the state. It originated 66.7% of them and denied 2.1% (3.0% of the applications it decided), against a statewide denial rate of 16.2%.

387Applicationsin AZ
3.0%Decision denial ratestate 20.4%
6.50%Median ratestate 6.50%
$295,000Median loanstate $275,000
$82MVolume13 counties

Sun American Mortgage in Arizona vs the state

2.1%Denial rate-14.16 pts vs state
3.0%Decision denial rate-17.40 pts vs state
66.7%Origination rate+7.19 pts vs state
6.50%Median rate0.00 pts vs state
0.26Rate spread (pts)+0.04 pts vs state
$99kMedian applicant income
258Loans originated
8Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234273140.5%6.50%#108
20245073233.2%6.50%#104
20253872582.1%6.50%#134

What Sun American Mortgage lends in Arizona

By loan purpose

Home purchase 258 67% · 2.7% denied
Refinance 32 8% · 3.1% denied
Cash-out refinance 97 25% · 0.0% denied

By loan type

Conventional 222 57% · 1.4% denied
FHA 128 33% · 3.9% denied
VA 24 6% · 0.0% denied
USDA / RHS 13 3% · 0.0% denied

Why it denied Arizona applicants

Collateral 4 50%
Debt-to-income ratio 2 25%
Insufficient cash 2 25%

Where in Arizona

Counties with the most Sun American Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 2001372 1.0%
Gila County 54371 1.9%
Mohave County 49382 4.1%
Pinal County 29171 3.4%
Navajo County 15101 6.7%
Yavapai County 1380 0.0%
Graham County 931 11.1%
Pima County 410 0.0%
Coconino County 440 0.0%
Greenlee County 300 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: 387 applications in 2025, of which 258 were originated and 8 denied.

2.1% of all applications, or 3.0% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

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

About this data. Figures are Sun American 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