Towne Mortgage · Arizona · 2025

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

Towne Mortgage took 105 mortgage applications in Arizona in 2025, ranking #237 of 1,082 lenders active in the state. It originated 73.3% of them and denied 7.6% (8.0% of the applications it decided), against a statewide denial rate of 16.2%.

105Applicationsin AZ
8.0%Decision denial ratestate 20.4%
6.13%Median ratestate 6.50%
$315,000Median loanstate $275,000
$26MVolume9 counties

Towne Mortgage in Arizona vs the state

7.6%Denial rate-8.61 pts vs state
8.0%Decision denial rate-12.41 pts vs state
73.3%Origination rate+13.85 pts vs state
6.13%Median rate-0.38 pts vs state
0.02Rate spread (pts)-0.20 pts vs state
$110kMedian applicant income
77Loans originated
8Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023775014.3%6.49%#262
2024117858.6%6.38%#222
2025105777.6%6.13%#237

What Towne Mortgage lends in Arizona

By loan purpose

Home purchase 70 67% · 10.0% denied
Refinance 18 17% · 0.0% denied
Cash-out refinance 17 16% · 5.9% denied

By loan type

Conventional 58 55% · 5.2% denied
FHA 32 30% · 12.5% denied
VA 10 10% · 0.0% denied
USDA / RHS 5 5% · 20.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 3 38%
Collateral 2 25%
Credit history 2 25%
Employment history 1 13%

Where in Arizona

Counties with the most Towne Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 77575 6.5%
Pinal County 1291 8.3%
Navajo County 550 0.0%
Gila County 310 0.0%
Pima County 321 33.3%
Yavapai County 220 0.0%
La Paz County 101 100.0%
Coconino County 100 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: 105 applications in 2025, of which 77 were originated and 8 denied.

7.6% of all applications, or 8.0% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Towne Mortgage originated in Arizona in 2025 was 6.13%, against a statewide median of 6.50%.

About this data. Figures are Towne 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