Direct Rate Home Loans in Utah vs the state
5.9%Denial rate-10.04 pts vs state
8.2%Decision denial rate-10.96 pts vs state
63.7%Origination rate+0.50 pts vs state
6.38%Median rate-0.25 pts vs state
0.14Rate spread (pts)-0.10 pts vs state
$126kMedian applicant income
334Loans originated
31Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 5 | 0 | 0.0% | — | #328 |
| 2024 | 27 | 14 | 0.0% | 6.63% | #201 |
| 2025 | 524 | 334 | 5.9% | 6.38% | #57 |
What Direct Rate Home Loans lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Direct Rate Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 190 | 125 | 9 | 4.7% |
| Weber County | 97 | 56 | 8 | 8.2% |
| Davis County | 94 | 67 | 2 | 2.1% |
| Utah County | 76 | 48 | 5 | 6.6% |
| Washington County | 14 | 8 | 1 | 7.1% |
| Tooele County | 13 | 7 | 2 | 15.4% |
| Box Elder County | 8 | 5 | 0 | 0.0% |
| Sanpete County | 7 | 4 | 1 | 14.3% |
| Cache County | 4 | 2 | 0 | 0.0% |
| Duchesne County | 3 | 2 | 1 | 33.3% |
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: 524 applications in 2025, of which 334 were originated and 31 denied.
5.9% of all applications, or 8.2% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Direct Rate Home Loans originated in Utah in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Direct Rate Home Loans'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