The Loan Store · Arizona · 2025

The Loan Store in Arizona: approval rate, denial rate and rates (2025)

The Loan Store took 3,658 mortgage applications in Arizona in 2025, ranking #20 of 1,082 lenders active in the state. It originated 70.5% of them and denied 9.8% (10.8% of the applications it decided), against a statewide denial rate of 16.2%.

3.7kApplicationsin AZ
10.8%Decision denial ratestate 20.4%
6.88%Median ratestate 6.50%
$285,000Median loanstate $275,000
$847MVolume15 counties

The Loan Store in Arizona vs the state

9.8%Denial rate-6.39 pts vs state
10.8%Decision denial rate-9.59 pts vs state
70.5%Origination rate+11.02 pts vs state
6.88%Median rate+0.38 pts vs state
0.45Rate spread (pts)+0.23 pts vs state
$132kMedian applicant income
2,579Loans originated
360Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
202371746410.6%6.93%#78
20242,3991,57111.6%6.99%#31
20253,6582,5799.8%6.88%#20

What The Loan Store lends in Arizona

By loan purpose

Home purchase 1,966 54% · 4.4% denied
Refinance 302 8% · 6.6% denied
Cash-out refinance 403 11% · 11.4% denied
Home improvement 344 9% · 22.7% denied
Other / HELOC 643 18% · 20.2% denied

By loan type

Conventional 3,257 89% · 9.6% denied
FHA 299 8% · 13.7% denied
VA 92 3% · 4.4% denied
USDA / RHS 10 0% · 20.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 186 52%
Collateral 57 16%
Incomplete application 49 14%
Other 28 8%
Credit history 25 7%
Insufficient cash 8 2%
Employment history 6 2%
Unverifiable information 1 0%

Where in Arizona

Counties with the most The Loan Store applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 2,2381,554237 10.6%
Pima County 45632639 8.6%
Pinal County 27020819 7.0%
Mohave County 1621239 5.6%
Yavapai County 14710316 10.9%
Coconino County 815614 17.3%
Navajo County 75554 5.3%
Santa Cruz County 63455 7.9%
Cochise County 45353 6.7%
Yuma County 44237 15.9%

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: 3,658 applications in 2025, of which 2,579 were originated and 360 denied.

9.8% of all applications, or 10.8% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans The Loan Store originated in Arizona in 2025 was 6.88%, against a statewide median of 6.50%.

About this data. Figures are The Loan Store'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