Ascent in Utah vs the state
11.7%Denial rate-4.28 pts vs state
16.7%Decision denial rate-2.51 pts vs state
58.4%Origination rate-4.85 pts vs state
6.75%Median rate+0.13 pts vs state
-0.35Rate spread (pts)-0.59 pts vs state
$106kMedian applicant income
80Loans originated
16Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 176 | 133 | 9.7% | 6.95% | #98 |
| 2024 | 151 | 110 | 14.6% | 6.95% | #105 |
| 2025 | 137 | 80 | 11.7% | 6.75% | #120 |
What Ascent lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Ascent applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Weber County | 94 | 52 | 12 | 12.8% |
| Davis County | 24 | 18 | 1 | 4.2% |
| Box Elder County | 9 | 5 | 2 | 22.2% |
| Salt Lake County | 6 | 3 | 0 | 0.0% |
| Summit County | 1 | 0 | 1 | 100.0% |
| Sevier County | 1 | 0 | 0 | 0.0% |
| Washington County | 1 | 1 | 0 | 0.0% |
| Emery County | 1 | 1 | 0 | 0.0% |
Other large lenders in Utah
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| AMERICA FIRST Federal Credit Union | C | 16,303 | 18.3% | 6.99% |
| Mountain America Federal Credit Union | D | 15,401 | 36.5% | 7.24% |
| United Shore Financial Services | B | 11,325 | 8.5% | 6.25% |
| Rocket Mortgage | C | 6,276 | 14.6% | 6.63% |
| Guild Mortgage | A | 5,427 | 1.5% | 6.50% |
| Intercap Lending | A | 4,881 | 0.7% | 6.50% |
| Goldenwest | B | 4,794 | 17.6% | 7.50% |
| First Colony Mortgage | A | 3,499 | 2.1% | 6.38% |
| Kind Lending | C | 3,227 | 20.3% | 6.50% |
| Zions Bancorporation | B | 3,013 | 22.9% | 6.49% |
Frequently asked questions
Utah: 137 applications in 2025, of which 80 were originated and 16 denied.
11.7% of all applications, or 16.7% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Ascent originated in Utah in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Ascent'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