First Technology Federal Credit Union · Utah · 2025

First Technology Federal Credit Union in Utah: approval rate, denial rate and rates (2025)

First Technology Federal Credit Union took 52 mortgage applications in Utah in 2025, ranking #168 of 575 lenders active in the state. It originated 53.9% of them and denied 15.4% (18.2% of the applications it decided), against a statewide denial rate of 16.0%.

52Applicationsin UT
18.2%Decision denial ratestate 19.2%
7.88%Median ratestate 6.63%
$170,000Median loanstate $305,000
$6.5MVolume10 counties

First Technology Federal Credit Union in Utah vs the state

15.4%Denial rate-0.58 pts vs state
18.2%Decision denial rate-1.00 pts vs state
53.9%Origination rate-9.39 pts vs state
7.88%Median rate+1.25 pts vs state
0.73Rate spread (pts)+0.49 pts vs state
$162kMedian applicant income
28Loans originated
8Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
202313730.8%9.50%#242
2024221022.7%8.31%#216
2025522815.4%7.88%#168

What First Technology Federal Credit Union lends in Utah

By loan purpose

Home purchase 9 17% · 0.0% denied
Refinance 1 2% · 0.0% denied
Cash-out refinance 9 17% · 22.2% denied
Home improvement 10 19% · 10.0% denied
Other / HELOC 23 44% · 21.7% denied

By loan type

Conventional 52 100% · 15.4% denied

Why it denied Utah applicants

Collateral 4 50%
Debt-to-income ratio 4 50%

Where in Utah

Counties with the most First Technology Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 19121 5.3%
Utah County 1673 18.8%
Davis County 540 0.0%
Summit County 412 50.0%
Wasatch County 312 66.7%
Rich County 100 0.0%
Washington County 110 0.0%
Millard County 100 0.0%
Iron County 110 0.0%
Weber County 110 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: 52 applications in 2025, of which 28 were originated and 8 denied.

15.4% of all applications, or 18.2% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans First Technology Federal Credit Union originated in Utah in 2025 was 7.88%, against a statewide median of 6.63%.

About this data. Figures are First Technology Federal Credit Union'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