---
title: Lenders in Phoenix, AZ: 99 Made Multifamily Loans in 2024-25
url: https://lender.report/lenders-in/phoenix-az/
license: https://lender.report/license/
---

Metro area · AZ

# Lenders in Phoenix, AZ

99 lenders made 486 multifamily loans in the Phoenix-Mesa-Chandler, AZ metro area in 2024 and 2025, $8.4B in all. KS StateBank made the most, with 35. The typical loan was about $5.8M.

**Evidence**
Multifamily loans placed in the metro area, HMDA

**Data as of**
HMDA 2025

**Page last changed**
November 11, 2026

**Lenders on record**
99

HMDA, 2025

**Multifamily loans, 2024-25**
486

HMDA, 2025

Manufactured-home parks excluded

**Dollars**
$8.44B

HMDA, 2025

**Typical loan**
$5.8M

HMDA, 2025

Cite this

Source: The Lender Report, Lenders in Phoenix, AZ, https://lender.report/lenders-in/phoenix-az/, data as of December 31, 2025.

## Describe a deal in Phoenix, AZ

This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it.

[Start with a deal in Phoenix, AZ](https://lender.report/comps/?lane=multifamily&metro=38060)[A lender in Phoenix, AZ? Find your page](https://lender.report/for-lenders/?from=market)

| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans |
| --- | --- | --- | --- | --- | --- | --- |
| [KS StateBank](https://lender.report/lender/ks-statebank-ks/) [multifamily record](https://lender.report/lender/ks-statebank-ks/multifamily/) | Bank | Manhattan, KS | 35 | $64.6M | 19 | 16 |
| [Walker & Dunlop, LLC](https://lender.report/lender/walker-and-dunlop-md/) [multifamily record](https://lender.report/lender/walker-and-dunlop-md/multifamily/) | Non-bank | Bethesda, MD | 34 | $700M | 16 | 18 |
| [Berkadia Commercial Mortgage](https://lender.report/lender/berkadia-commercial-mortgage-pa/) [multifamily record](https://lender.report/lender/berkadia-commercial-mortgage-pa/multifamily/) | Non-bank | Ambler, PA | 23 | $354M | 20 | 3 |
| [CBRE Multifamily Capital, Inc.](https://lender.report/lender/cbre-multifamily-capital-tx/) [multifamily record](https://lender.report/lender/cbre-multifamily-capital-tx/multifamily/) | Non-bank | Houston, TX | 21 | $871M | 12 | 9 |
| [Oneaz Credit Union](https://lender.report/lender/oneaz-credit-union-az/) [multifamily record](https://lender.report/lender/oneaz-credit-union-az/multifamily/) | Credit union | Phoenix, AZ | 19 | $43.8M | 9 | 10 |
| [PIMA Credit Union](https://lender.report/lender/pima-credit-union-az/) [multifamily record](https://lender.report/lender/pima-credit-union-az/multifamily/) | Credit union | Tucson, AZ | 18 | $34.1M | 14 | 4 |
| [JPMorgan Chase Bank, National Association](https://lender.report/lender/jpmorgan-chase-bank-oh/) [multifamily record](https://lender.report/lender/jpmorgan-chase-bank-oh/multifamily/) | Bank | Columbus, OH | 14 | $521M | 5 | 9 |
| [Lument Real Estate Capital](https://lender.report/lender/lument-real-estate-capital-oh/) [multifamily record](https://lender.report/lender/lument-real-estate-capital-oh/multifamily/) | Non-bank | Columbus, OH | 14 | $302M | 8 | 6 |
| [Mountain America Credit Union](https://lender.report/lender/mountain-america-credit-union-ut/) [multifamily record](https://lender.report/lender/mountain-america-credit-union-ut/multifamily/) | Credit union | Sandy, UT | 14 | $22.7M | 6 | 8 |
| [RF Renovo Management Company, LLC](https://lender.report/lender/rf-renovo-management-il/) [multifamily record](https://lender.report/lender/rf-renovo-management-il/multifamily/) | Non-bank | Chicago, IL | 13 | $45.9M | 4 | 9 |
| [Wells Fargo Bank, National Association](https://lender.report/lender/wells-fargo-bank-sd/) [multifamily record](https://lender.report/lender/wells-fargo-bank-sd/multifamily/) | Bank | Sioux Falls, SD | 12 | $749M | 4 | 8 |
| [M&T Realty Capital Corporation](https://lender.report/lender/m-and-t-realty-capital-ny/) [multifamily record](https://lender.report/lender/m-and-t-realty-capital-ny/multifamily/) | Non-bank | Buffalo, NY | 11 | $430M | 4 | 7 |
| [Northmarq Capital Finance, L.L.C.](https://lender.report/lender/northmarq-capital-finance-l-l-c-dc/) [multifamily record](https://lender.report/lender/northmarq-capital-finance-l-l-c-dc/multifamily/) | Non-bank | Washington, DC | 11 | $197M | 6 | 5 |
| [Citibank, National Association](https://lender.report/lender/citibank-sd/) [multifamily record](https://lender.report/lender/citibank-sd/multifamily/) | Bank | Sioux Falls, SD | 10 | $378M | 3 | 7 |
| [Arbor Realty Trust, Inc.](https://lender.report/lender/arbor-realty-trust-ny/) [multifamily record](https://lender.report/lender/arbor-realty-trust-ny/multifamily/) | Non-bank | Uniondale, NY | 10 | $107M | 4 | 6 |

HMDA, 2025

[All 99 lenders in Phoenix, AZ, by loan size](https://lender.report/multifamily-lenders/phoenix-az/)

| County | Loans | Dollars | Lenders |
| --- | --- | --- | --- |
| [Maricopa County, AZ](https://lender.report/lenders-in/arizona/maricopa-county/) | 446 | $7.69B | 97 |
| Pinal County, AZ | 17 | $391M | 14 |

HMDA, 2025

A county is listed for a year only when the public file holds 5 or more multifamily loans there that year.

| Loan size | Loans |
| --- | --- |
| Under $1M | 74 |
| $1M to $2.5M | 99 |
| $2.5M to $5M | 61 |
| $5M to $10M | 61 |
| $10M or more | 191 |

HMDA, 2025

- Lenders made 486 multifamily loans totaling $8.4B in Phoenix, AZ in 2024 and 2025. HMDA, 2025
- 28 of these loans were made by lenders that have since merged or closed. They are counted in the totals here and appear in no lender's row. HMDA, 2025
- 272 of the loans were made in 2025 and 214 in 2024. HMDA, 2025
- The typical loan in Phoenix, AZ was about $5.8M, with the middle half between $1.5M and $24M. HMDA, 2025
- 74 of the loans were under $1M, and 252 were $5M or more. HMDA, 2025
- Lenders reported a median rate of 6.46% on 452 loans in Phoenix, AZ, with the middle half between 5.62% and 7.28%. HMDA, 2025
- The median term was 7 years. HMDA, 2025
- The median loan to value was 61%. HMDA, 2025
- 56% of the loans were refinancings and 36% were purchases. HMDA, 2025
- Banks and savings institutions made 164 of the loans, credit unions 72, and non-banks 222. HMDA, 2025
- The five most active lenders made 27.2% of the loans. HMDA, 2025
- The three most active lenders were KS StateBank with 35, Walker & Dunlop, LLC with 34, and Berkadia Commercial Mortgage with 23. HMDA, 2025
- 5 of the 99 lenders are based in Arizona. The rest are based elsewhere, most often in California, Ohio and Illinois. HMDA, 2025
- The most common property size was 5 to 24 units, with 181 loans. HMDA, 2025
- 2 counties in the metro area have loans on record, and Maricopa County, AZ has the most, with 446. HMDA, 2025

## How this list is defined

**Measure**
Multifamily loans made in the Phoenix, AZ metro area

**Period**
2024 and 2025

**Formula**
Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there.

**Order**
Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order.

**As of**
2025

**Source**
[HMDA](https://ffiec.cfpb.gov/data-browser/)

**Changelog**
November 12, 2026: First published, with the data built on this date.

## What we don't know

- Whether any of these lenders is taking new loans today.
- What they charge or require beyond the rate and term that HMDA reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.

A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count.

HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.

Lenders that merged or stopped filing are left out.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/)

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.
