Deseret First Credit Union · Utah · 2025

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

Deseret First Credit Union took 960 mortgage applications in Utah in 2025, ranking #35 of 575 lenders active in the state. It originated 80.7% of them and denied 12.7% (13.5% of the applications it decided), against a statewide denial rate of 16.0%.

960Applicationsin UT
13.5%Decision denial ratestate 19.2%
7.50%Median ratestate 6.63%
$125,000Median loanstate $305,000
$151MVolume21 counties

Deseret First Credit Union in Utah vs the state

12.7%Denial rate-3.25 pts vs state
13.5%Decision denial rate-5.67 pts vs state
80.7%Origination rate+17.49 pts vs state
7.50%Median rate+0.88 pts vs state
-0.09Rate spread (pts)-0.33 pts vs state
$130kMedian applicant income
775Loans originated
122Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
202367855714.3%8.00%#38
202479764414.4%7.99%#39
202596077512.7%7.50%#35

What Deseret First Credit Union lends in Utah

By loan purpose

Home purchase 113 12% · 8.0% denied
Refinance 66 7% · 7.6% denied
Cash-out refinance 58 6% · 12.1% denied
Home improvement 381 40% · 9.7% denied
Other / HELOC 342 36% · 18.7% denied

By loan type

Conventional 960 100% · 12.7% denied

Why it denied Utah applicants

Debt-to-income ratio 86 70%
Credit history 25 20%
Collateral 10 8%
Unverifiable information 1 1%

Where in Utah

Counties with the most Deseret First Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 34528046 13.3%
Utah County 21217124 11.3%
Davis County 18314423 12.6%
Washington County 58476 10.3%
Cache County 45377 15.6%
Weber County 38297 18.4%
Tooele County 21191 4.8%
Box Elder County 981 11.1%
Sanpete County 871 12.5%
Wasatch County 550 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: 960 applications in 2025, of which 775 were originated and 122 denied.

12.7% of all applications, or 13.5% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Deseret First Credit Union originated in Utah in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are Deseret First 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