Champions Funding in Utah vs the state
25.5%Denial rate+9.49 pts vs state
32.2%Decision denial rate+13.00 pts vs state
53.6%Origination rate-9.60 pts vs state
7.88%Median rate+1.25 pts vs state
2.07Rate spread (pts)+1.83 pts vs state
$429kMedian applicant income
59Loans originated
28Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 19 | 8 | 57.9% | 9.69% | #217 |
| 2024 | 34 | 24 | 20.6% | 8.44% | #186 |
| 2025 | 110 | 59 | 25.5% | 7.88% | #129 |
What Champions Funding lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Champions Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 29 | 16 | 4 | 13.8% |
| Utah County | 23 | 16 | 4 | 17.4% |
| Wasatch County | 15 | 2 | 12 | 80.0% |
| Washington County | 11 | 7 | 0 | 0.0% |
| Weber County | 5 | 3 | 0 | 0.0% |
| Cache County | 3 | 1 | 1 | 33.3% |
| Davis County | 3 | 2 | 1 | 33.3% |
| Summit County | 3 | 2 | 1 | 33.3% |
| Iron County | 3 | 2 | 0 | 0.0% |
| Sanpete County | 2 | 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: 110 applications in 2025, of which 59 were originated and 28 denied.
25.5% of all applications, or 32.2% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Champions Funding originated in Utah in 2025 was 7.88%, against a statewide median of 6.63%.
About this data. Figures are Champions Funding'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