Belem Servicing · Utah · 2025

Belem Servicing in Utah: approval rate, denial rate and rates (2025)

Belem Servicing took 366 mortgage applications in Utah in 2025, ranking #69 of 575 lenders active in the state. It originated 77.1% of them and denied 0.6% (0.7% of the applications it decided), against a statewide denial rate of 16.0%.

366Applicationsin UT
0.7%Decision denial ratestate 19.2%
6.63%Median ratestate 6.63%
$395,000Median loanstate $305,000
$132MVolume11 counties

Belem Servicing in Utah vs the state

0.6%Denial rate-15.41 pts vs state
0.7%Decision denial rate-18.51 pts vs state
77.1%Origination rate+13.81 pts vs state
6.63%Median rate0.00 pts vs state
0.18Rate spread (pts)-0.06 pts vs state
$123kMedian applicant income
282Loans originated
2Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232191610.9%6.88%#88
20243032460.0%6.63%#73
20253662820.6%6.63%#69

What Belem Servicing lends in Utah

By loan purpose

Home purchase 299 82% · 0.3% denied
Refinance 37 10% · 0.0% denied
Cash-out refinance 29 8% · 3.5% denied
Home improvement 1 0% · 0.0% denied

By loan type

Conventional 300 82% · 0.3% denied
FHA 46 13% · 2.2% denied
VA 20 5% · 0.0% denied

Why it denied Utah applicants

Collateral 1 50%
Debt-to-income ratio 1 50%

Where in Utah

Counties with the most Belem Servicing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washington County 3062392 0.7%
Iron County 20130 0.0%
Utah County 13100 0.0%
Salt Lake County 1170 0.0%
Kane County 660 0.0%
Cache County 220 0.0%
Beaver County 210 0.0%
Tooele County 210 0.0%
Sevier County 110 0.0%
Weber 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: 366 applications in 2025, of which 282 were originated and 2 denied.

0.6% of all applications, or 0.7% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Belem Servicing originated in Utah in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Belem Servicing'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