Hometown Equity Mortgage · Utah · 2025

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

Hometown Equity Mortgage took 155 mortgage applications in Utah in 2025, ranking #114 of 575 lenders active in the state. It originated 47.1% of them and denied 50.3% (51.7% of the applications it decided), against a statewide denial rate of 16.0%.

155Applicationsin UT
51.7%Decision denial ratestate 19.2%
7.25%Median ratestate 6.63%
$395,000Median loanstate $305,000
$40MVolume19 counties

Hometown Equity Mortgage in Utah vs the state

50.3%Denial rate+34.36 pts vs state
51.7%Decision denial rate+32.48 pts vs state
47.1%Origination rate-16.14 pts vs state
7.25%Median rate+0.63 pts vs state
0.81Rate spread (pts)+0.57 pts vs state
$202kMedian applicant income
73Loans originated
78Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023512041.2%8.06%#148
20241818648.6%7.19%#98
20251557350.3%7.25%#114

What Hometown Equity Mortgage lends in Utah

By loan purpose

Home purchase 53 34% · 49.1% denied
Refinance 32 21% · 46.9% denied
Cash-out refinance 70 45% · 52.9% denied

By loan type

Conventional 124 80% · 49.2% denied
FHA 28 18% · 53.6% denied
VA 3 2% · 66.7% denied

Why it denied Utah applicants

Incomplete application 48 62%
Collateral 14 18%
Credit history 8 10%
Insufficient cash 6 8%
Debt-to-income ratio 2 3%

Where in Utah

Counties with the most Hometown Equity Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 522128 53.8%
Washington County 19910 52.6%
Weber County 18611 61.1%
Utah County 18126 33.3%
Davis County 1248 66.7%
Wasatch County 651 16.7%
Sanpete County 541 20.0%
Cache County 514 80.0%
San Juan County 404 100.0%
Summit County 321 33.3%

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: 155 applications in 2025, of which 73 were originated and 78 denied.

50.3% of all applications, or 51.7% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Hometown Equity Mortgage originated in Utah in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Hometown Equity 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