Mortgage lender · Tucson, · LEI 549300YJD6GFEQBIEF90

Tucson review: approval odds, rates and grade (2025)

Tucson earns a C, in line with the typical performance of small mortgage lenders. It turned down 12.7% of the applications it decided on in 2025, which ranks in the 38th percentile for approval odds. Compared against 1,883 small mortgage lenders using 2025 HMDA filings.

365Applications2025
65.2%Originatedof applications
12.7%Decision denial ratenational 22.6%
Median ratenational 6.63%
$20MLoan volume1 states

Tucson at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

10.7%Denial rate (all applications)-7.30 pts vs national
12.7%Denial rate (decided applications)-9.93 pts vs national
65.2%Origination rate+7.18 pts vs national
15.3%Withdrawn by applicant
0.3%Closed for incompleteness
Median interest rate
Median rate spread (pts over APOR)
$65,000Median loan amount
Median total loan costs
$89kMedian applicant income
Median loan-to-value
0High-cost (HOEPA) loans

How the C grade breaks down

Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

38th12.7% denied

Processwithdrawn + incomplete share, weight 15%

33rd15.6%

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202385660415.3%17.0%$42M
202462045112.3%13.9%$34M
202536523810.7%12.7%$20M

What Tucson lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Refinance 14 4% · 14.3% denied
Cash-out refinance 122 33% · 8.2% denied
Home improvement 150 41% · 10.0% denied
Other / HELOC 79 22% · 15.2% denied

By loan type

Conventional 365 100% · 10.7% denied

Who gets approved at Tucson

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k623117.8%
$50k – $100k1499116.7%
$100k – $150k97736.9%
$150k – $250k50402.3%
Applicant ageApplicationsOriginatedDecision denial rate
35–44573818.0%
45–54775414.9%
55–64835510.5%
65–7474504.7%
Over 74553114.0%

Frequently asked questions

Tucson denied 12.7% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 38th percentile of small mortgage lenders.

In 2025, 0% of its applications were for home purchases, 37% for refinancing (including cash-out), and 63% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Tucson. Data sources · Methodology