Foundation Mortgage · Utah · 2025

Foundation Mortgage in Utah: approval rate, denial rate and rates (2025)

Foundation Mortgage took 11 mortgage applications in Utah in 2025, ranking #279 of 575 lenders active in the state. It originated 18.2% of them and denied 9.1% (9.1% of the applications it decided), against a statewide denial rate of 16.0%.

11Applicationsin UT
9.1%Decision denial ratestate 19.2%
9.63%Median ratestate 6.63%
$795,000Median loanstate $305,000
$4.8MVolume5 counties

Foundation Mortgage in Utah vs the state

9.1%Denial rate-6.87 pts vs state
9.1%Decision denial rate-10.09 pts vs state
18.2%Origination rate-45.06 pts vs state
9.63%Median rate+3.00 pts vs state
Rate spread (pts)
$836kMedian applicant income
2Loans originated
1Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024520.0%9.56%#313
20251129.1%9.63%#279

What Foundation Mortgage lends in Utah

By loan purpose

Home purchase 2 18% · 0.0% denied
Refinance 9 82% · 11.1% denied

By loan type

Conventional 11 100% · 9.1% denied

Why it denied Utah applicants

Unverifiable information 1 100%

Where in Utah

Counties with the most Foundation Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Summit County 510 0.0%
Salt Lake County 300 0.0%
Cache County 110 0.0%
Utah County 100 0.0%
Weber County 101 100.0%

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: 11 applications in 2025, of which 2 were originated and 1 denied.

9.1% of all applications, or 9.1% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Foundation Mortgage originated in Utah in 2025 was 9.63%, against a statewide median of 6.63%.

About this data. Figures are Foundation 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