---
title: Lenders in Tucson, AZ: 44 Made Multifamily Loans in 2024-25
url: https://lender.report/lenders-in/tucson-az/
license: https://lender.report/license/
---

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, 2025

**Multifamily loans, 2024-25**
152

HMDA, 2025

Manufactured-home parks excluded

**Dollars**
$913M

HMDA, 2025

**Typical loan**
$1.8M

HMDA, 2025

Cite this

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

## Describe a deal in Tucson, 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 Tucson, AZ](https://lender.report/comps/?lane=multifamily&metro=46060)[A lender in Tucson, AZ? Find your page](https://lender.report/for-lenders/?from=market)

| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans |
| --- | --- | --- | --- | --- | --- | --- |
| [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 | 52 | $70.5M | 28 | 24 |
| [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 | 8 | $122M | 2 | 6 |
| [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 | 7 | $76.6M | 4 | 3 |
| [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 | 5 | $12.7M | 5 | 0 |
| [Colliers Mortgage LLC](https://lender.report/lender/colliers-mortgage-mn/) [multifamily record](https://lender.report/lender/colliers-mortgage-mn/multifamily/) | Non-bank | Minneapolis, MN | 4 | $78.0M | 3 | 1 |
| [Vantage West Credit Union](https://lender.report/lender/vantage-west-credit-union-az/) | Credit union | Tucson, AZ | 4 | $11.4M | 3 | 1 |
| [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 | 3 | $70.0M | 1 | 2 |
| [PGIM Real Estate Agency Financing, LLC](https://lender.report/lender/pgim-real-estate-agency-financing-tx/) [multifamily record](https://lender.report/lender/pgim-real-estate-agency-financing-tx/multifamily/) | Non-bank | Dallas, TX | 3 | $37.8M | 1 | 2 |
| [Bellwether Enterprise Real Estate Capital, LLC](https://lender.report/lender/bellwether-enterprise-real-estate-capital-oh/) [multifamily record](https://lender.report/lender/bellwether-enterprise-real-estate-capital-oh/multifamily/) | Non-bank | Cleveland, OH | 3 | $24.9M | 3 | 0 |
| [Zions Bancorporation, N.A.](https://lender.report/lender/zions-bancorporation-ut/) [multifamily record](https://lender.report/lender/zions-bancorporation-ut/multifamily/) | Bank | Salt Lake City, UT | 3 | $24.7M | 2 | 1 |
| [NewPoint Real Estate Capital](https://lender.report/lender/newpoint-real-estate-capital-tx/) [multifamily record](https://lender.report/lender/newpoint-real-estate-capital-tx/multifamily/) | Non-bank | Plano, TX | 3 | $12.3M | 2 | 1 |
| [First Fidelity Bank](https://lender.report/lender/first-fidelity-bank-ok/) [multifamily record](https://lender.report/lender/first-fidelity-bank-ok/multifamily/) | Bank | Oklahoma City, OK | 3 | $4.50M | 3 | 0 |
| [Velocity Commercial Capital LLC](https://lender.report/lender/velocity-commercial-capital-ca/) [multifamily record](https://lender.report/lender/velocity-commercial-capital-ca/multifamily/) | Non-bank | Westlake Village, CA | 3 | $1.22M | 1 | 2 |
| [U.S. Bank National Association](https://lender.report/lender/u-s-bank-oh/) [multifamily record](https://lender.report/lender/u-s-bank-oh/multifamily/) | Bank | Cincinnati, OH | 3 | $900K | 2 | 1 |
| [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 | 2 | $43.0M | 2 | 0 |

HMDA, 2025

[All 44 lenders in Tucson, AZ, by loan size](https://lender.report/multifamily-lenders/tucson-az/)

| County | Loans | Dollars | Lenders |
| --- | --- | --- | --- |
| [Pima County, AZ](https://lender.report/lenders-in/arizona/pima-county/) | 145 | $837M | 43 |

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 | 50 |
| $1M to $2.5M | 37 |
| $2.5M to $5M | 19 |
| $5M to $10M | 17 |
| $10M or more | 29 |

HMDA, 2025

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

## 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](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.
