Zions Bancorporation · Arizona · 2025

Zions Bancorporation in Arizona: approval rate, denial rate and rates (2025)

Zions Bancorporation took 2,388 mortgage applications in Arizona in 2025, ranking #31 of 1,082 lenders active in the state. It originated 48.9% of them and denied 34.2% (34.5% of the applications it decided), against a statewide denial rate of 16.2%.

2.4kApplicationsin AZ
34.5%Decision denial ratestate 20.4%
8.00%Median ratestate 6.50%
$195,000Median loanstate $275,000
$463MVolume15 counties

Zions Bancorporation in Arizona vs the state

34.2%Denial rate+17.94 pts vs state
34.5%Decision denial rate+14.08 pts vs state
48.9%Origination rate-10.57 pts vs state
8.00%Median rate+1.50 pts vs state
0.74Rate spread (pts)+0.52 pts vs state
$115kMedian applicant income
1,168Loans originated
816Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,7361,32537.7%8.75%#24
20242,5701,28335.2%8.90%#29
20252,3881,16834.2%8.00%#31

What Zions Bancorporation lends in Arizona

By loan purpose

Home purchase 534 22% · 26.0% denied
Refinance 453 19% · 28.0% denied
Cash-out refinance 106 4% · 29.3% denied
Home improvement 510 21% · 36.7% denied
Other / HELOC 785 33% · 42.3% denied

By loan type

Conventional 2,361 99% · 34.2% denied
FHA 17 1% · 29.4% denied
VA 10 0% · 30.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 475 58%
Credit history 161 20%
Collateral 145 18%
Other 14 2%
Insufficient cash 11 1%
Incomplete application 5 1%
Employment history 3 0%
Unverifiable information 2 0%

Where in Arizona

Counties with the most Zions Bancorporation applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Maricopa County 797409269 33.8%
Pima County 34316897 28.3%
Yuma County 300131135 45.0%
Yavapai County 25812683 32.2%
Mohave County 1657961 37.0%
Navajo County 1266832 25.4%
Coconino County 1116430 27.0%
Pinal County 742131 41.9%
Cochise County 673320 29.9%
Gila County 542720 37.0%

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: 2,388 applications in 2025, of which 1,168 were originated and 816 denied.

34.2% of all applications, or 34.5% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Zions Bancorporation originated in Arizona in 2025 was 8.00%, against a statewide median of 6.50%.

About this data. Figures are Zions Bancorporation'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