First Colony Mortgage in Utah vs the state
2.1%Denial rate-13.90 pts vs state
2.3%Decision denial rate-16.87 pts vs state
85.3%Origination rate+22.01 pts vs state
6.38%Median rate-0.25 pts vs state
0.11Rate spread (pts)-0.13 pts vs state
$120kMedian applicant income
2,983Loans originated
72Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,906 | 2,449 | 1.0% | 6.50% | #8 |
| 2024 | 3,181 | 2,678 | 1.4% | 6.50% | #8 |
| 2025 | 3,499 | 2,983 | 2.1% | 6.38% | #8 |
What First Colony Mortgage lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most First Colony Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Utah County | 1,663 | 1,424 | 23 | 1.4% |
| Salt Lake County | 771 | 660 | 21 | 2.7% |
| Washington County | 287 | 239 | 3 | 1.0% |
| Cache County | 180 | 161 | 3 | 1.7% |
| Davis County | 175 | 150 | 5 | 2.9% |
| Weber County | 113 | 94 | 3 | 2.7% |
| Box Elder County | 85 | 76 | 2 | 2.4% |
| Tooele County | 53 | 44 | 2 | 3.8% |
| Wasatch County | 46 | 40 | 3 | 6.5% |
| Uintah County | 23 | 21 | 0 | 0.0% |
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% |
| Kind Lending | C | 3,227 | 20.3% | 6.50% |
| Zions Bancorporation | B | 3,013 | 22.9% | 6.49% |
| Utah Community Federal Credit Union | B | 2,573 | 16.1% | 6.99% |
Frequently asked questions
Utah: 3,499 applications in 2025, of which 2,983 were originated and 72 denied.
2.1% of all applications, or 2.3% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans First Colony Mortgage originated in Utah in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are First Colony 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