Guaranteed Rate in Utah vs the state
8.7%Denial rate-7.28 pts vs state
13.0%Decision denial rate-6.23 pts vs state
57.0%Origination rate-6.20 pts vs state
6.50%Median rate-0.13 pts vs state
0.24Rate spread (pts)0.00 pts vs state
$120kMedian applicant income
401Loans originated
61Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 458 | 230 | 2.4% | 6.50% | #57 |
| 2024 | 629 | 371 | 6.0% | 6.63% | #47 |
| 2025 | 703 | 401 | 8.7% | 6.50% | #44 |
What Guaranteed Rate lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Guaranteed Rate applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 233 | 131 | 20 | 8.6% |
| Utah County | 135 | 81 | 13 | 9.6% |
| Davis County | 94 | 52 | 7 | 7.4% |
| Weber County | 77 | 38 | 8 | 10.4% |
| Tooele County | 65 | 43 | 5 | 7.7% |
| Washington County | 28 | 15 | 1 | 3.6% |
| Box Elder County | 18 | 9 | 3 | 16.7% |
| Summit County | 12 | 3 | 2 | 16.7% |
| Wasatch County | 10 | 8 | 1 | 10.0% |
| Cache County | 7 | 5 | 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: 703 applications in 2025, of which 401 were originated and 61 denied.
8.7% of all applications, or 13.0% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Guaranteed Rate originated in Utah in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Guaranteed Rate'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