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Newrez LLC in Arizona

HMDA record for properties in Arizona, calendar year 2024. National record · Arizona overview

LEI 549300FNXYY540N23N64
Reporting agency Department of Housing and Urban Development
State Arizona

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

In Arizona, Newrez LLC reported 3,327 applications and 1,161 originations for 2024, $367m in all.

Its denial rate in the state was 34.6%, above the Arizona rate of 22.2% across all lenders and compared with the lender's national rate of 35.0%.

The median rate spread on its Arizona originations was 0.4 percentage points (state median 0.3).

Applications in the state were up 65% on 2023.

3,327applications in AZ, 20242.4% of the lender's total
1,161loans originated$367m
34.6%denial rateAZ all lenders 22.2%
0.4 ppmedian rate spreadAZ 0.3 pp

Compared with the state and the lender's national record

MeasureIn ArizonaArizona, all lendersNewrez LLC, all statesUnited States
Denial rate34.6%22.2%35.0%24.3%
Median rate spread, pp0.40.30.50.3
Originations with spread of 1.5 pp or more25.9%16.7%20.7%15.6%
Average originated loan$316k$353k$307k$329k
Home purchase share35.5%55.6%51.0%57.0%
FHA-insured share21.2%17.9%18.4%13.4%
VA-guaranteed share18.9%9.6%16.4%7.9%

Trend by year

ApplicationsOriginations

01,9113,8222022: 3,822 Applications2023: 2,014 Applications2024: 3,327 Applications2022: 1,110 Originations2023: 526 Originations2024: 1,161 Originations202220232024
Newrez LLC in Arizona: applications and originations, 2022–2024

This lender in stateArizona, all lenders

0%20.9%41.9%2022: 41.9% This lender in state2023: 41.2% This lender in state2024: 34.6% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Arizona

By purpose

Home purchase 35% (412)Refinancing 20% (230)Cash-out refinancing 45% (519)

By type

Conventional 60% (691)FHA 21% (246)VA 19% (219)USDA 0% (5)

Denial reasons as coded

Debt-to-income ratio55.8%
Credit history21.6%
Collateral7.7%
Unverifiable information6.5%
Other3.2%
Insufficient cash (downpayment, closing costs)2.9%
Employment history1.9%
Credit application incomplete0.3%
Mortgage insurance denied0.2%

Share of 626 denials in Arizona by first denial reason coded (outlined bar: all lenders in the state).

Counties in Arizona

CountyApplicationsOriginationsAmountDenial rate
Maricopa County1,983761$260m30.9%
Pima County460121$29m45.7%
Pinal County307113$36m37.8%
Yavapai County13841$11m35.9%
Mohave County11735$8.3m38.6%
Yuma County9021$5.4m38.2%
Navajo County4720$4.1m28.6%
Cochise County5615$2.9m40.7%
Coconino County5013$4.1m—
Gila County258$3.2m—

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Newrez LLC originate in Arizona in 2024?

1,161 loans totalling $367m, from 3,327 applications reported for properties in Arizona.

What is Newrez LLC's denial rate in Arizona?

34.6% of decided applications in Arizona were denied, against 22.2% for all lenders in the state and 35.0% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Arizona counties does Newrez LLC lend in most?

By originations: Maricopa County (761), Pima County (121), Pinal County (113), Yavapai County (41), Mohave County (35).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Arizona. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.