Velocio Mortgage in Arizona vs the state
2.7%Denial rate-13.55 pts vs state
2.9%Decision denial rate-17.50 pts vs state
89.3%Origination rate+29.81 pts vs state
3.99%Median rate-2.51 pts vs state
-1.91Rate spread (pts)-2.13 pts vs state
$100kMedian applicant income
1,400Loans originated
42Denied
Trend in Arizona
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,023 | 832 | 5.9% | 5.50% | #65 |
| 2024 | 1,492 | 1,287 | 5.2% | 4.99% | #48 |
| 2025 | 1,568 | 1,400 | 2.7% | 3.99% | #46 |
What Velocio Mortgage lends in Arizona
By loan purpose
By loan type
Why it denied Arizona applicants
Where in Arizona
Counties with the most Velocio Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Maricopa County | 868 | 779 | 23 | 2.6% |
| Pinal County | 700 | 621 | 19 | 2.7% |
Other large lenders in Arizona
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 25,383 | 10.2% | 6.25% |
| Rocket Mortgage | C | 17,947 | 15.6% | 6.75% |
| Desert Financial Credit Union | B | 16,970 | 24.3% | 6.49% |
| Crosscountry Mortgage | B | 7,570 | 3.8% | 6.58% |
| Fairway Independent Mortgage | B | 6,729 | 5.6% | 6.63% |
| Bank of America | F | 6,229 | 32.2% | 6.24% |
| Loandepot.Com | D | 6,180 | 16.1% | 5.99% |
| Pennymac Loan Services | C | 5,838 | 11.7% | 6.62% |
| Nova Financial & Investment | C | 5,380 | 16.2% | 6.49% |
| Freedom Mortgage | B | 4,991 | 7.0% | 6.00% |
Frequently asked questions
Arizona: 1,568 applications in 2025, of which 1,400 were originated and 42 denied.
2.7% of all applications, or 2.9% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.
The median rate on loans Velocio Mortgage originated in Arizona in 2025 was 3.99%, against a statewide median of 6.50%.
About this data. Figures are Velocio 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