Finance of America Reverse · Utah · 2025

Finance of America Reverse in Utah: approval rate, denial rate and rates (2025)

Finance of America Reverse took 206 mortgage applications in Utah in 2025, ranking #97 of 575 lenders active in the state. It originated 73.8% of them and denied 10.7% (12.5% of the applications it decided), against a statewide denial rate of 16.0%.

206Applicationsin UT
12.5%Decision denial ratestate 19.2%
6.38%Median ratestate 6.63%
$235,000Median loanstate $305,000
$46MVolume21 counties

Finance of America Reverse in Utah vs the state

10.7%Denial rate-5.28 pts vs state
12.5%Decision denial rate-6.68 pts vs state
73.8%Origination rate+10.55 pts vs state
6.38%Median rate-0.25 pts vs state
Rate spread (pts)
$35kMedian applicant income
152Loans originated
22Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231971479.1%7.61%#94
20241681196.6%7.12%#100
202520615210.7%6.38%#97

What Finance of America Reverse lends in Utah

By loan purpose

Home purchase 15 7% · 13.3% denied
Refinance 132 64% · 10.6% denied
Home improvement 8 4% · 0.0% denied
Other / HELOC 51 25% · 11.8% denied

By loan type

Conventional 64 31% · 10.9% denied
FHA 142 69% · 10.6% denied

Why it denied Utah applicants

Collateral 12 55%
Other 9 41%
Debt-to-income ratio 1 5%

Where in Utah

Counties with the most Finance of America Reverse applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 775512 15.6%
Davis County 23172 8.7%
Utah County 22180 0.0%
Washington County 20152 10.0%
Weber County 14110 0.0%
Cache County 1060 0.0%
Summit County 870 0.0%
Wasatch County 633 50.0%
Box Elder County 641 16.7%
Tooele County 440 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: 206 applications in 2025, of which 152 were originated and 22 denied.

10.7% of all applications, or 12.5% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Finance of America Reverse originated in Utah in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Finance of America Reverse'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