Figure Lending in Utah vs the state
25.9%Denial rate+9.93 pts vs state
26.8%Decision denial rate+7.57 pts vs state
50.8%Origination rate-12.48 pts vs state
8.75%Median rate+2.13 pts vs state
2.36Rate spread (pts)+2.12 pts vs state
$130kMedian applicant income
300Loans originated
153Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 621 | 281 | 31.7% | 10.95% | #44 |
| 2024 | 807 | 404 | 26.3% | 10.40% | #38 |
| 2025 | 591 | 300 | 25.9% | 8.75% | #53 |
What Figure Lending lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Figure Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 222 | 110 | 59 | 26.6% |
| Utah County | 135 | 68 | 32 | 23.7% |
| Weber County | 49 | 25 | 14 | 28.6% |
| Davis County | 45 | 27 | 9 | 20.0% |
| Washington County | 27 | 12 | 10 | 37.0% |
| Tooele County | 20 | 10 | 6 | 30.0% |
| Summit County | 19 | 8 | 4 | 21.1% |
| Cache County | 16 | 11 | 2 | 12.5% |
| Wasatch County | 10 | 5 | 3 | 30.0% |
| Box Elder County | 8 | 6 | 1 | 12.5% |
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: 591 applications in 2025, of which 300 were originated and 153 denied.
25.9% of all applications, or 26.8% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Figure Lending originated in Utah in 2025 was 8.75%, against a statewide median of 6.63%.
About this data. Figures are Figure Lending'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