Lennar Mortgage · Utah · 2025

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

Lennar Mortgage took 709 mortgage applications in Utah in 2025, ranking #43 of 575 lenders active in the state. It originated 77.9% of them and denied 9.0% (10.4% of the applications it decided), against a statewide denial rate of 16.0%.

709Applicationsin UT
10.4%Decision denial ratestate 19.2%
4.99%Median ratestate 6.63%
$435,000Median loanstate $305,000
$238MVolume4 counties

Lennar Mortgage in Utah vs the state

9.0%Denial rate-6.93 pts vs state
10.4%Decision denial rate-8.82 pts vs state
77.9%Origination rate+14.62 pts vs state
4.99%Median rate-1.63 pts vs state
-0.72Rate spread (pts)-0.96 pts vs state
$110kMedian applicant income
552Loans originated
64Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
202351935610.0%5.00%#50
20246774896.9%5.25%#44
20257095529.0%4.99%#43

What Lennar Mortgage lends in Utah

By loan purpose

Home purchase 709 100% · 9.0% denied

By loan type

Conventional 429 61% · 8.2% denied
FHA 254 36% · 10.6% denied
VA 26 4% · 7.7% denied

Why it denied Utah applicants

Debt-to-income ratio 37 58%
Unverifiable information 16 25%
Credit history 5 8%
Employment history 2 3%
Other 2 3%
Insufficient cash 1 2%
Incomplete application 1 2%

Where in Utah

Counties with the most Lennar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Utah County 55744446 8.3%
Wasatch County 81589 11.1%
Salt Lake County 63459 14.3%
Washington County 850 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: 709 applications in 2025, of which 552 were originated and 64 denied.

9.0% of all applications, or 10.4% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Lennar Mortgage originated in Utah in 2025 was 4.99%, against a statewide median of 6.63%.

About this data. Figures are Lennar 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