Maricopa County, Arizona · 2025

Mortgage lenders in Maricopa County, AZ: denial rates and top lenders (2025)

958 lenders acted on 185,548 mortgage applications for properties in Maricopa County in 2025. 16.1% were denied (Arizona: 16.2%). Median rate on closed loans 6.50%; median loan $305,000; median property value $505,000.

186kApplications
16.1%Denial ratestate 16.2%
6.50%Median ratestate 6.50%
$305,000Median loan
$505,000Median property value

Largest lenders in Maricopa County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 United Shore Financial Services B 16,76212,924 9.8%6.37%
2 Desert Financial Credit Union B 14,7279,267 23.9%6.49%
3 Rocket Mortgage C 11,0188,327 14.5%6.75%
4 Bank of America F 4,4881,938 30.9%6.24%
5 Fairway Independent Mortgage B 3,8492,689 6.0%6.63%
6 Pennymac Loan Services C 3,4742,031 11.4%6.62%
7 Spring Eq D 3,1991,114 46.6%8.95%
8 Crosscountry Mortgage B 3,0852,022 4.5%6.58%
9 Arizona Financial Credit Union D 3,0541,807 25.5%7.25%
10 JPMorgan Chase Bank B 3,0531,910 11.0%6.50%
11 Loandepot.Com D 3,0221,984 16.4%6.25%
12 Newrez D 2,8771,107 16.3%6.38%
13 Freedom Mortgage B 2,6531,081 7.1%6.00%
14 U.S. Bank D 2,6091,175 38.3%7.70%
15 Navy Federal Credit Union D 2,5691,133 24.2%7.84%
16 The Loan Store B 2,2381,554 10.6%6.88%
17 Coastal Community Bank C 2,154501 2.2%9.99%
18 Taylor Morrison Home Funding A 2,1011,572 11.0%5.63%
19 Guild Mortgage A 2,1001,464 4.1%6.63%
20 OneAZ Credit Union D 2,034969 26.7%7.25%
21 Guaranteed Rate B 1,880994 5.4%6.58%
22 CMG Mortgage A 1,8751,261 5.2%6.75%
23 Broker Solutions D 1,837710 7.2%6.75%
24 Lennar Mortgage A 1,8071,479 11.8%4.25%
25 Nationstar Mortgage C 1,6641,121 14.8%8.25%

Best approval odds in Maricopa County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

What Maricopa County borrowers applied for

By loan purpose

Home purchase 76,846 41% · 8.2% denied
Refinance 31,518 17% · 15.4% denied
Cash-out refinance 32,093 17% · 19.5% denied
Home improvement 20,299 11% · 27.0% denied
Other / HELOC 24,792 13% · 28.4% denied

By loan type

Conventional 144,258 78% · 17.0% denied
FHA 27,438 15% · 14.2% denied
VA 13,804 7% · 10.6% denied
USDA / RHS 48 0% · 10.4% denied

Why applications were denied

Debt-to-income ratio 10,740 36%
Credit history 5,641 19%
Collateral 4,391 15%
Incomplete application 4,151 14%
Other 2,649 9%
Unverifiable information 1,214 4%
Insufficient cash 747 3%
Employment history 296 1%
Mortgage insurance denied 5 0%

Maricopa County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
2023160,35290,90720.1%6.75%$275,000
2024171,898102,12817.9%6.63%$285,000
2025185,548111,79316.1%6.50%$305,000

Frequently asked questions

16.1% of applications in Maricopa County were denied in 2025, against 16.2% statewide in Arizona.

United Shore Financial Services, with 16,762 applications in 2025 and a denial rate of 9.8%.

The median mortgage application in Maricopa County in 2025 was for $305,000; the median property value on originated loans was $505,000.