Veritas Funding · Arizona · 2025

Veritas Funding in Arizona: approval rate, denial rate and rates (2025)

Veritas Funding took 116 mortgage applications in Arizona in 2025, ranking #229 of 1,082 lenders active in the state. It originated 37.9% of them and denied 6.0% (11.5% of the applications it decided), against a statewide denial rate of 16.2%.

116Applicationsin AZ
11.5%Decision denial ratestate 20.4%
6.00%Median ratestate 6.50%
$285,000Median loanstate $275,000
$14MVolume11 counties

Veritas Funding in Arizona vs the state

6.0%Denial rate-10.20 pts vs state
11.5%Decision denial rate-8.93 pts vs state
37.9%Origination rate-21.55 pts vs state
6.00%Median rate-0.50 pts vs state
0.38Rate spread (pts)+0.16 pts vs state
$70kMedian applicant income
44Loans originated
7Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023137471.5%6.50%#195
2024109386.4%6.50%#228
2025116446.0%6.00%#229

What Veritas Funding lends in Arizona

By loan purpose

Home purchase 4 3% · 0.0% denied
Refinance 25 22% · 4.0% denied
Cash-out refinance 83 72% · 7.2% denied
Other / HELOC 4 3% · 0.0% denied

By loan type

Conventional 20 17% · 5.0% denied
FHA 57 49% · 8.8% denied
VA 39 34% · 2.6% denied

Why it denied Arizona applicants

Debt-to-income ratio 3 43%
Credit history 3 43%
Collateral 1 14%

Where in Arizona

Counties with the most Veritas Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 58162 3.4%
Pima County 1690 0.0%
Pinal County 1363 23.1%
Mohave County 1041 10.0%
Yavapai County 611 16.7%
Navajo County 410 0.0%
Yuma County 440 0.0%
Santa Cruz County 210 0.0%
Graham 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: 116 applications in 2025, of which 44 were originated and 7 denied.

6.0% of all applications, or 11.5% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Veritas Funding originated in Arizona in 2025 was 6.00%, against a statewide median of 6.50%.

About this data. Figures are Veritas Funding'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