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Pima Federal Credit Union

TUCSON, AZ

Pima Federal Credit Union processed 835 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 549 loans with a 12.9% denial rate. Home Improvement was the primary loan purpose. Based in TUCSON, AZ. The approval rate of 65.7% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Pima Federal Credit Union's 65.7% origination rate tells you how often an application turned into funded money; the 12.9% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Other, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (835 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

835
Applications
549
Originated
12.9%
Denial Rate
$201,982
Avg Loan Amount
Avg Interest Rate: 8.946% Avg Applicant Income: $38,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 835 549 108 $201,982

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Pima Federal Credit Union (LEI: 549300EZHVOHDWG07M20) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
67
Other
32
Credit history
30
Collateral
16
Unverifiable information
10
Employment history
4
Insufficient cash
1
Credit application incomplete
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Improvement 305 209 $77,230
Other 236 138 $97,839
Home Purchase 174 122 $463,046
Cash-out Refinancing 108 73 $329,167
Refinancing 12 7 $490,833

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 243 63.0% 13.2%
Asian * 13 69.2% 0.0%
Joint * 10 60.0% 20.0%
Black or African American * 5 60.0% 20.0%
American Indian or Alaska Native * 2 50.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 170 63.5% 12.3%
Hispanic or Latino 112 58.9% 14.3%
Joint * 11 90.9% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in AZ

Other HMDA-reporting lenders in AZ with similar activity. Compare any two side-by-side.

The Loan Store, Inc

Tucson, AZ

37,522 apps 23,548 originated 12.7% denied

Desert Financial Credit Union

Phoenix, AZ

14,881 apps 8,747 originated 30.3% denied

V.I.P. Mortgage, INC.

SCOTTSDALE, AZ

10,272 apps 6,989 originated 2.0% denied

Geneva Financial LLC

Chandler, AZ

9,015 apps 5,938 originated 2.7% denied

Nova Financial & Investment Corporation

Tucson, AZ

6,917 apps 4,748 originated 5.3% denied
Compare Pima Federal Credit Union vs The Loan Store, Inc →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Pima Federal Credit Union process?
Pima Federal Credit Union processed 835 mortgage applications in the 2024 HMDA reporting year. Of these, 549 were originated (approved and funded), 127 were withdrawn by the applicant, and 108 were denied.
What is Pima Federal Credit Union's mortgage approval rate?
Pima Federal Credit Union has an approval (origination) rate of 65.7%, meaning 65.7% of all applications resulted in a funded mortgage. The denial rate is 12.9%.
What is the average loan amount at Pima Federal Credit Union?
The average mortgage loan amount at Pima Federal Credit Union is $201,982. The average interest rate is 8.946%. The average applicant income is $38,000.
What are the most common reasons for mortgage denial at Pima Federal Credit Union?
The most common reasons for mortgage denial at Pima Federal Credit Union are: Debt-to-income ratio, Other, Credit history. In total, 108 applications were denied out of 835 total applications.
What types of mortgage loans does Pima Federal Credit Union offer?
Pima Federal Credit Union processes Conventional loans. The most common type is Conventional with 835 applications and an average loan amount of $201,982.
What loan purposes does Pima Federal Credit Union serve?
Pima Federal Credit Union serves the following loan purposes: Home Improvement (305 applications), Other (236 applications), Home Purchase (174 applications), Cash-out Refinancing (108 applications), Refinancing (12 applications). Home Improvement is the most common purpose.
Where is Pima Federal Credit Union located?
Pima Federal Credit Union is headquartered in TUCSON, AZ. The lender is identified by LEI 549300EZHVOHDWG07M20 in HMDA data.
How does Pima Federal Credit Union compare in lending across racial demographics?
Pima Federal Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 63.0% and denial rate of 13.2%; Asian applicants have an approval rate of 69.2% and denial rate of 0.0%; Joint applicants have an approval rate of 60.0% and denial rate of 20.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is 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.