Baxter Credit Union · Utah · 2025

Baxter Credit Union in Utah: approval rate, denial rate and rates (2025)

Baxter Credit Union took 29 mortgage applications in Utah in 2025, ranking #213 of 575 lenders active in the state. It originated 55.2% of them and denied 17.2% (18.5% of the applications it decided), against a statewide denial rate of 16.0%.

29Applicationsin UT
18.5%Decision denial ratestate 19.2%
6.88%Median ratestate 6.63%
$245,000Median loanstate $305,000
$15MVolume9 counties

Baxter Credit Union in Utah vs the state

17.2%Denial rate+1.28 pts vs state
18.5%Decision denial rate-0.66 pts vs state
55.2%Origination rate-8.07 pts vs state
6.88%Median rate+0.25 pts vs state
-0.10Rate spread (pts)-0.34 pts vs state
$143kMedian applicant income
16Loans originated
5Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023291910.3%8.50%#182
2024371818.9%8.06%#178
2025291617.2%6.88%#213

What Baxter Credit Union lends in Utah

By loan purpose

Home purchase 7 24% · 0.0% denied
Refinance 1 3% · 0.0% denied
Cash-out refinance 4 14% · 25.0% denied
Home improvement 12 41% · 25.0% denied
Other / HELOC 5 17% · 20.0% denied

By loan type

Conventional 29 100% · 17.2% denied

Why it denied Utah applicants

Debt-to-income ratio 5 100%

Where in Utah

Counties with the most Baxter Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 1674 25.0%
Utah County 421 25.0%
Iron County 210 0.0%
Wasatch County 220 0.0%
Tooele County 110 0.0%
Weber County 110 0.0%
Summit County 100 0.0%
Davis County 110 0.0%
Cache County 110 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: 29 applications in 2025, of which 16 were originated and 5 denied.

17.2% of all applications, or 18.5% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Baxter Credit Union originated in Utah in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Baxter Credit Union'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