Metro area · AZ

Lenders in Tucson, AZ

44 lenders made 152 multifamily loans in the Tucson, AZ metro area in 2024 and 2025, $913.1M in all. PIMA Credit Union made the most, with 52. The typical loan was about $1.8M.

Evidence
Multifamily loans placed in the metro area, HMDA
Data as of
HMDA 2025
Page last changed
November 11, 2026
Lenders on record
44
HMDA,
Multifamily loans, 2024-25
152
HMDA,
Manufactured-home parks excluded
Dollars
$913M
HMDA,
Typical loan
$1.8M
HMDA,

Cite this

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

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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.

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Tucson, AZ multifamily lenders. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 15 of 44.
LenderKindBased inLoansDollars2025 loans2024 loans
PIMA Credit Union multifamily recordCredit unionTucson, AZ52$70.5M2824
Walker & Dunlop, LLC multifamily recordNon-bankBethesda, MD8$122M26
Berkadia Commercial Mortgage multifamily recordNon-bankAmbler, PA7$76.6M43
RF Renovo Management Company, LLC multifamily recordNon-bankChicago, IL5$12.7M50
Colliers Mortgage LLC multifamily recordNon-bankMinneapolis, MN4$78.0M31
Vantage West Credit UnionCredit unionTucson, AZ4$11.4M31
Wells Fargo Bank, National Association multifamily recordBankSioux Falls, SD3$70.0M12
PGIM Real Estate Agency Financing, LLC multifamily recordNon-bankDallas, TX3$37.8M12
Bellwether Enterprise Real Estate Capital, LLC multifamily recordNon-bankCleveland, OH3$24.9M30
Zions Bancorporation, N.A. multifamily recordBankSalt Lake City, UT3$24.7M21
NewPoint Real Estate Capital multifamily recordNon-bankPlano, TX3$12.3M21
First Fidelity Bank multifamily recordBankOklahoma City, OK3$4.50M30
Velocity Commercial Capital LLC multifamily recordNon-bankWestlake Village, CA3$1.22M12
U.S. Bank National Association multifamily recordBankCincinnati, OH3$900K21
Northmarq Capital Finance, L.L.C. multifamily recordNon-bankWashington, DC2$43.0M20
HMDA,

All 44 lenders in Tucson, AZ, by loan size

Counties in the Tucson, AZ metro area, by loans recorded
CountyLoansDollarsLenders
Pima County, AZ145$837M43
HMDA,

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

Loans by size in Tucson, AZ
Loan sizeLoans
Under $1M50
$1M to $2.5M37
$2.5M to $5M19
$5M to $10M17
$10M or more29
HMDA,
  • Lenders made 152 multifamily loans totaling $913.1M in Tucson, AZ in 2024 and 2025. HMDA,
  • 6 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,
  • 92 of the loans were made in 2025 and 60 in 2024. HMDA,
  • The typical loan in Tucson, AZ was about $1.8M, with the middle half between $700K and $6.8M. HMDA,
  • 50 of the loans were under $1M, and 46 were $5M or more. HMDA,
  • Lenders reported a median rate of 6.50% on 143 loans in Tucson, AZ, with the middle half between 6.00% and 7.00%. HMDA,
  • The median term was 12.9 years. HMDA,
  • The median loan to value was 63%. HMDA,
  • 58% of the loans were refinancings and 36% were purchases. HMDA,
  • Banks and savings institutions made 26 of the loans, credit unions 67, and non-banks 53. HMDA,
  • The five most active lenders made 50.0% of the loans. HMDA,
  • The three most active lenders were PIMA Credit Union with 52, Walker & Dunlop, LLC with 8, and Berkadia Commercial Mortgage with 7. HMDA,
  • 4 of the 44 lenders are based in Arizona. The rest are based elsewhere, most often in California, Illinois and New York. HMDA,
  • The most common property size was 5 to 24 units, with 76 loans. HMDA,
  • 1 county in the metro area has loans on record, and Pima County, AZ has the most, with 145. HMDA,

How this list is defined

Measure
Multifamily loans made in the Tucson, 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
Changelog
  • : 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

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.