Santa Cruz County
Arizona · FIPS 04023
According to CFPB HMDA 2024 application volume among U.S. counties, Santa Cruz County ranks #1,014 of 3,210, and #11 of 15 in Arizona.
Mortgage lending activity in Santa Cruz County, Arizona based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Santa Cruz County, Arizona saw 1,705 HMDA-reported mortgage applications in 2024. Lenders originated 757 of those loans and denied 291, producing a denial rate of 17.1% and an approval (origination) rate of 44.4%. The average loan amount was $222,601 at an average note rate of 7.15%, with applicants self-reporting average annual income of $39K. 119 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 5.7x, meaning typical borrowers took on mortgages of about 5.7 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. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Santa Cruz County
In Santa Cruz County, lead originator American Pacific Mortgage Corporation funded 11.0% of 757 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 25.8% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Counties With Similar Application Volume
Nationwide counties nearest to Santa Cruz County's 1,705 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Santa Cruz County's $222,601 average loan (deduped against volume peers).
Lenders active in Santa Cruz County
American Pacific Mortgage Corporation funded 83 of the 757 loans originated in Santa Cruz County, 11.0% of the county. 119 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | American Pacific Mortgage Corporation | 83 | 11.0% |
| 2 | Rocket Mortgage | 58 | 7.7% |
| 3 | United Wholesale Mortgage | 54 | 7.1% |
| 4 | Nova Financial & Investment Corporation | 45 | 5.9% |
| 5 | The Loan Store, Inc | 27 | 3.6% |
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; does not constitute financial advice for Santa Cruz County borrowers.
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 Santa Cruz County 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. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.