Equity Prime Mortgage · Utah · 2025

Equity Prime Mortgage in Utah: approval rate, denial rate and rates (2025)

Equity Prime Mortgage took 175 mortgage applications in Utah in 2025, ranking #108 of 575 lenders active in the state. It originated 53.1% of them and denied 10.3% (16.1% of the applications it decided), against a statewide denial rate of 16.0%.

175Applicationsin UT
16.1%Decision denial ratestate 19.2%
6.50%Median ratestate 6.63%
$395,000Median loanstate $305,000
$38MVolume19 counties

Equity Prime Mortgage in Utah vs the state

10.3%Denial rate-5.67 pts vs state
16.1%Decision denial rate-3.11 pts vs state
53.1%Origination rate-10.10 pts vs state
6.50%Median rate-0.13 pts vs state
0.67Rate spread (pts)+0.43 pts vs state
$102kMedian applicant income
93Loans originated
18Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
202372334.2%6.88%#138
2024143842.8%7.38%#107
20251759310.3%6.50%#108

What Equity Prime Mortgage lends in Utah

By loan purpose

Home purchase 66 38% · 9.1% denied
Refinance 35 20% · 2.9% denied
Cash-out refinance 74 42% · 14.9% denied

By loan type

Conventional 4 2% · 25.0% denied
FHA 127 73% · 11.0% denied
VA 42 24% · 4.8% denied
USDA / RHS 2 1% · 50.0% denied

Why it denied Utah applicants

Credit history 9 50%
Other 4 22%
Debt-to-income ratio 4 22%
Employment history 1 6%

Where in Utah

Counties with the most Equity Prime Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 53245 9.4%
Utah County 25133 12.0%
Weber County 25172 8.0%
Tooele County 1982 10.5%
Davis County 1691 6.3%
Washington County 741 14.3%
Box Elder County 630 0.0%
Carbon County 401 25.0%
Duchesne County 330 0.0%
Wasatch County 321 33.3%

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: 175 applications in 2025, of which 93 were originated and 18 denied.

10.3% of all applications, or 16.1% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Equity Prime Mortgage originated in Utah in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Equity Prime Mortgage'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