Broker Solutions · Utah · 2025

Broker Solutions in Utah: approval rate, denial rate and rates (2025)

Broker Solutions took 1,269 mortgage applications in Utah in 2025, ranking #26 of 575 lenders active in the state. It originated 42.6% of them and denied 8.7% (16.2% of the applications it decided), against a statewide denial rate of 16.0%.

1.3kApplicationsin UT
16.2%Decision denial ratestate 19.2%
6.75%Median ratestate 6.63%
$305,000Median loanstate $305,000
$175MVolume26 counties

Broker Solutions in Utah vs the state

8.7%Denial rate-7.29 pts vs state
16.2%Decision denial rate-2.96 pts vs state
42.6%Origination rate-20.69 pts vs state
6.75%Median rate+0.13 pts vs state
0.59Rate spread (pts)+0.35 pts vs state
$101kMedian applicant income
540Loans originated
110Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20238684466.5%6.88%#28
20241,19047210.7%6.88%#23
20251,2695408.7%6.75%#26

What Broker Solutions lends in Utah

By loan purpose

Home purchase 426 34% · 1.9% denied
Refinance 184 14% · 6.5% denied
Cash-out refinance 475 37% · 9.3% denied
Home improvement 47 4% · 25.5% denied
Other / HELOC 137 11% · 24.8% denied

By loan type

Conventional 756 60% · 7.5% denied
FHA 458 36% · 10.9% denied
VA 54 4% · 5.6% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Utah applicants

Credit history 61 55%
Incomplete application 14 13%
Debt-to-income ratio 11 10%
Other 9 8%
Collateral 8 7%
Unverifiable information 6 5%
Employment history 1 1%

Where in Utah

Counties with the most Broker Solutions applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 41516740 9.6%
Utah County 188869 4.8%
Davis County 1446010 6.9%
Weber County 1437215 10.5%
Washington County 58154 6.9%
Tooele County 50167 14.0%
Carbon County 49381 2.0%
Iron County 34125 14.7%
Box Elder County 32153 9.4%
Cache County 28151 3.6%

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: 1,269 applications in 2025, of which 540 were originated and 110 denied.

8.7% of all applications, or 16.2% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Broker Solutions originated in Utah in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Broker Solutions'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