2025 activity year · MSA/MD source proof
Phoenix metro mortgage market
Reported metropolitan mortgage application activity from the official CFPB/FFIEC HMDA Data Browser, using the published MSA/MD geography and excluding purchased loans.
Activity year
2025
Action taken
What happened to applications?
Originated60.4% · 129,897
Approved, not accepted3.7% · 7,890
Denied16.1% · 34,607
Withdrawn14.9% · 31,958
File closed for incompleteness4.9% · 10,551
Preapproval denied0.0% · 91
Preapproval approved, not accepted0.1% · 185
“Originated” is a reported historical outcome, not an approval probability for a future applicant.
Loan purpose
Why people applied
43%Home purchase
- Home purchase43.0%
- Home improvement10.3%
- Other purpose13.0%
- Not applicable0.0%
- Refinancing16.6%
- Cash-out refinancing17.0%
Next source gate
Metro denial reasons are not published yet.
Metro-level reason analysis requires a separate row-level reconciliation and privacy review. These overview pages do not substitute county reasons or estimates.
Need help understanding a mortgage decision?
Find official helpA HUD-approved housing counselor can offer independent guidance.
Data provenance
Phoenix-Mesa-Chandler, AZ Metropolitan Statistical Area
MSA/MD 38060 · OMB Bulletin 23-01. This profile identifies the activity year, cohort rules, source endpoint, response hash, and processing date. Source: CFPB/FFIEC HMDA Data Browser API. Last refreshed September 19, 2026.