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2024 data HMDA 2024 disclosure official source

Maricopa County

194,271 mortgage applications, 15.8% denial rate. Verify FIPS 04013 with U.S. Census Bureau →

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Arizona · FIPS 04013

Local mortgage market. Maricopa County, Arizona saw 194,271 HMDA-reported mortgage applications in 2024. Lenders originated 101,888 of those loans and denied 30,750, producing a denial rate of 15.8% and an approval (origination) rate of 52.4%. The average loan amount was $358,313 at an average note rate of 7.05%, with applicants self-reporting average annual income of $39K. 848 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 9.2x, meaning typical borrowers took on mortgages of about 9.2 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 04013 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

194,271
Applications
101,888
Originated
15.8%
Denial Rate
52.4%
Approval Rate
$358,313
Avg Loan Amount
7.05%
Avg Interest Rate
$39K
Avg Applicant Income
9.2x
Loan-to-Income Ratio

Nearby Lenders in Maricopa County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 United Wholesale Mortgage 11,985 11.8%
2 Desert Financial Credit Union 7,742 7.6%
3 Rocket Mortgage 6,958 6.8%
4 Fairway Independent Mort CORP 2,716 2.7%
5 Loandepot.Com, LLC 2,043 2.0%
Compare United Wholesale Mortgage vs Desert Financial Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Maricopa County?
In the 2024 HMDA reporting year, 194,271 mortgage applications were filed in Maricopa County, Arizona. Of these, 101,888 were originated (approved and funded), while 30,750 were denied, resulting in a denial rate of 15.8%.
What is the mortgage denial rate in Maricopa County?
The mortgage denial rate in Maricopa County is 15.8%. The approval (origination) rate is 52.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Maricopa County?
The average mortgage loan amount in Maricopa County is $358,313. The average interest rate is 7.051%. The average applicant income is $39K.
What is the loan-to-income ratio in Maricopa County?
The average loan-to-income ratio in Maricopa County is 9.2x, meaning borrowers took on loans averaging 9.2 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Maricopa County?
The top mortgage lenders in Maricopa County by origination volume are United Wholesale Mortgage, Desert Financial Credit Union, Rocket Mortgage. In total, 848 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.