American Financial Resources · Utah · 2025

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

American Financial Resources took 217 mortgage applications in Utah in 2025, ranking #95 of 575 lenders active in the state. It originated 75.6% of them and denied 3.2% (4.1% of the applications it decided), against a statewide denial rate of 16.0%.

217Applicationsin UT
4.1%Decision denial ratestate 19.2%
6.25%Median ratestate 6.63%
$415,000Median loanstate $305,000
$68MVolume19 counties

American Financial Resources in Utah vs the state

3.2%Denial rate-12.73 pts vs state
4.1%Decision denial rate-15.09 pts vs state
75.6%Origination rate+12.34 pts vs state
6.25%Median rate-0.38 pts vs state
0.15Rate spread (pts)-0.09 pts vs state
$129kMedian applicant income
164Loans originated
7Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023221413.6%6.75%#201
202463477.9%6.63%#153
20252171643.2%6.25%#95

What American Financial Resources lends in Utah

By loan purpose

Home purchase 158 73% · 3.2% denied
Refinance 32 15% · 3.1% denied
Cash-out refinance 27 12% · 3.7% denied

By loan type

Conventional 101 47% · 1.0% denied
FHA 77 35% · 3.9% denied
VA 34 16% · 5.9% denied
USDA / RHS 5 2% · 20.0% denied

Why it denied Utah applicants

Debt-to-income ratio 3 43%
Collateral 2 29%
Other 2 29%

Where in Utah

Counties with the most American Financial Resources applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 55432 3.6%
Utah County 42312 4.8%
Weber County 35291 2.9%
Davis County 18111 5.6%
Tooele County 18130 0.0%
Cache County 14130 0.0%
Sanpete County 540 0.0%
Washington County 531 20.0%
Carbon County 430 0.0%
Iron County 430 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: 217 applications in 2025, of which 164 were originated and 7 denied.

3.2% of all applications, or 4.1% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans American Financial Resources originated in Utah in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are American Financial Resources'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