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2024 data HMDA 2024 disclosure official source

Santa Cruz County

1,705 mortgage applications, 17.1% denial rate. Verify FIPS 04023 with U.S. Census Bureau →

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Arizona · FIPS 04023

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.

FIPS 04023 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,705
Applications
757
Originated
17.1%
Denial Rate
44.4%
Approval Rate
$222,601
Avg Loan Amount
7.15%
Avg Interest Rate
$39K
Avg Applicant Income
5.7x
Loan-to-Income Ratio

Nearby Lenders in Santa Cruz 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 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%
Compare American Pacific Mortgage Corporation vs Rocket Mortgage →

Frequently Asked Questions

How many mortgage applications were filed in Santa Cruz County?
In the 2024 HMDA reporting year, 1,705 mortgage applications were filed in Santa Cruz County, Arizona. Of these, 757 were originated (approved and funded), while 291 were denied, resulting in a denial rate of 17.1%.
What is the mortgage denial rate in Santa Cruz County?
The mortgage denial rate in Santa Cruz County is 17.1%. The approval (origination) rate is 44.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Santa Cruz County?
The average mortgage loan amount in Santa Cruz County is $222,601. The average interest rate is 7.148%. The average applicant income is $39K.
What is the loan-to-income ratio in Santa Cruz County?
The average loan-to-income ratio in Santa Cruz County is 5.7x, meaning borrowers took on loans averaging 5.7 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Santa Cruz County?
The top mortgage lenders in Santa Cruz County by origination volume are American Pacific Mortgage Corporation, Rocket Mortgage, United Wholesale Mortgage. In total, 119 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.