Flagstar Bank in Utah vs the state
27.5%Denial rate+11.51 pts vs state
39.7%Decision denial rate+20.50 pts vs state
40.7%Origination rate-22.58 pts vs state
6.13%Median rate-0.50 pts vs state
0.06Rate spread (pts)-0.18 pts vs state
$141kMedian applicant income
37Loans originated
25Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 406 | 228 | 25.6% | 8.49% | #62 |
| 2024 | 276 | 138 | 30.1% | 7.38% | #76 |
| 2025 | 91 | 37 | 27.5% | 6.13% | #136 |
What Flagstar Bank lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Flagstar Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 33 | 13 | 5 | 15.2% |
| Utah County | 19 | 6 | 10 | 52.6% |
| Tooele County | 9 | 3 | 3 | 33.3% |
| Iron County | 6 | 3 | 2 | 33.3% |
| Summit County | 5 | 3 | 0 | 0.0% |
| Davis County | 5 | 0 | 4 | 80.0% |
| Weber County | 4 | 3 | 1 | 25.0% |
| Cache County | 2 | 1 | 0 | 0.0% |
| Kane County | 2 | 2 | 0 | 0.0% |
| Washington County | 2 | 1 | 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% |
| 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: 91 applications in 2025, of which 37 were originated and 25 denied.
27.5% of all applications, or 39.7% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Flagstar Bank originated in Utah in 2025 was 6.13%, against a statewide median of 6.63%.
About this data. Figures are Flagstar Bank'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