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Arizona vs Nevada: mortgage lending

In 2023, Arizona had the lower mortgage denial rate of the two — 17.8% versus 17.8% in Nevada, a gap of about 0.0 points. Arizona originated about 118,118 loans and Nevada about 46,782. By loan type, Arizona was 74.5% conventional / 17.0% FHA / 8.2% VA, versus 71.6% / 18.5% / 9.8% in Nevada. Informational data, not lending advice.

Source: HMDA Data Browser (FFIEC / CFPB). Data as of June 2026.

Arizona vs Nevada side by side

Source: HMDA Data Browser (2023 reporting year), public domain. Informational only.
IndicatorArizonaNevada
Total originations118,11846,782
Denial rate17.8%17.8%
Home-purchase denial rate12.9%12.9%
Refinance denial rate31.2%33.5%
Conventional share74.5%71.6%
FHA share17.0%18.5%
VA share8.2%9.8%

Verdict

On denial rate alone, an application looks more likely to be approved in Arizona than Nevada by roughly 0.0 points — but that mostly reflects who applies and for what kind of loan, not a promise about your file. Read each state's full profile for context: Arizona and Nevada. To estimate a payment in either, use the mortgage calculator.

Frequently asked questions

Is it harder to get a mortgage in Arizona or Nevada?

By denial rate, Nevada turned down a higher share of applications in 2023: 17.8% versus 17.8% in Arizona, a gap of about 0.0 points. Denial rate reflects the applicant pool and loan mix as much as lender strictness, so it is a signal, not a guarantee about your own application.

Which state originates more mortgages, Arizona or Nevada?

Arizona originated more — about 118,118 home-purchase and refinance loans versus 46,782 in Nevada (HMDA 2023). Volume mostly tracks population and home values.

How do the loan-type mixes compare?

In Arizona, conventional loans were 74.5%, FHA 17.0% and VA 8.2% of originations; in Nevada they were 71.6%, 18.5% and 9.8%. A higher FHA/VA share usually means more first-time, lower-down-payment, or veteran buyers.

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Last updated: 2026-06-20