American Financial Network · Utah · 2025

American Financial Network in Utah: approval rate, denial rate and rates (2025)

American Financial Network took 277 mortgage applications in Utah in 2025, ranking #85 of 575 lenders active in the state. It originated 70.8% of them and denied 6.5% (8.3% of the applications it decided), against a statewide denial rate of 16.0%.

277Applicationsin UT
8.3%Decision denial ratestate 19.2%
6.38%Median ratestate 6.63%
$385,000Median loanstate $305,000
$83MVolume20 counties

American Financial Network in Utah vs the state

6.5%Denial rate-9.46 pts vs state
8.3%Decision denial rate-10.85 pts vs state
70.8%Origination rate+7.52 pts vs state
6.38%Median rate-0.25 pts vs state
0.00Rate spread (pts)-0.24 pts vs state
$108kMedian applicant income
196Loans originated
18Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232521638.3%6.63%#79
202425316710.3%6.50%#81
20252771966.5%6.38%#85

What American Financial Network lends in Utah

By loan purpose

Home purchase 218 79% · 7.8% denied
Refinance 29 10% · 0.0% denied
Cash-out refinance 30 11% · 3.3% denied

By loan type

Conventional 142 51% · 6.3% denied
FHA 88 32% · 9.1% denied
VA 39 14% · 0.0% denied
USDA / RHS 8 3% · 12.5% denied

Why it denied Utah applicants

Debt-to-income ratio 10 56%
Incomplete application 2 11%
Other 2 11%
Credit history 2 11%
Unverifiable information 1 6%
Collateral 1 6%

Where in Utah

Counties with the most American Financial Network applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Iron County 1291141 0.8%
Salt Lake County 36169 25.0%
Utah County 33145 15.2%
Davis County 1782 11.8%
Washington County 15140 0.0%
Weber County 1370 0.0%
Beaver County 950 0.0%
Cache County 550 0.0%
Tooele County 430 0.0%
Sevier County 220 0.0%

Other large lenders in Utah

LenderGradeApplicationsDenial rateMedian rate
AMERICA FIRST Federal Credit UnionC 16,30318.3%6.99%
Mountain America Federal Credit UnionD 15,40136.5%7.24%
United Shore Financial ServicesB 11,3258.5%6.25%
Rocket MortgageC 6,27614.6%6.63%
Guild MortgageA 5,4271.5%6.50%
Intercap LendingA 4,8810.7%6.50%
GoldenwestB 4,79417.6%7.50%
First Colony MortgageA 3,4992.1%6.38%
Kind LendingC 3,22720.3%6.50%
Zions BancorporationB 3,01322.9%6.49%

Frequently asked questions

Utah: 277 applications in 2025, of which 196 were originated and 18 denied.

6.5% of all applications, or 8.3% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans American Financial Network originated in Utah in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are American Financial Network's own HMDA filing for properties located in Utah, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology