Loandepot.Com · Utah · 2025

Loandepot.Com in Utah: approval rate, denial rate and rates (2025)

Loandepot.Com took 1,241 mortgage applications in Utah in 2025, ranking #27 of 575 lenders active in the state. It originated 62.7% of them and denied 18.9% (22.7% of the applications it decided), against a statewide denial rate of 16.0%.

1.2kApplicationsin UT
22.7%Decision denial ratestate 19.2%
6.63%Median ratestate 6.63%
$255,000Median loanstate $305,000
$245MVolume27 counties

Loandepot.Com in Utah vs the state

18.9%Denial rate+2.90 pts vs state
22.7%Decision denial rate+3.54 pts vs state
62.7%Origination rate-0.55 pts vs state
6.63%Median rate0.00 pts vs state
0.44Rate spread (pts)+0.20 pts vs state
$105kMedian applicant income
778Loans originated
234Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
202347023027.7%6.38%#56
20241,09664119.1%6.63%#25
20251,24177818.9%6.63%#27

What Loandepot.Com lends in Utah

By loan purpose

Home purchase 365 29% · 7.7% denied
Refinance 126 10% · 16.7% denied
Cash-out refinance 381 31% · 27.3% denied
Home improvement 44 4% · 22.7% denied
Other / HELOC 325 26% · 21.9% denied

By loan type

Conventional 931 75% · 18.7% denied
FHA 248 20% · 21.4% denied
VA 61 5% · 11.5% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Utah applicants

Debt-to-income ratio 70 30%
Collateral 50 21%
Unverifiable information 40 17%
Incomplete application 31 13%
Credit history 18 8%
Other 15 6%
Insufficient cash 5 2%
Employment history 5 2%

Where in Utah

Counties with the most Loandepot.Com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 36021278 21.7%
Utah County 27917938 13.6%
Weber County 1289317 13.3%
Tooele County 1178913 11.1%
Davis County 1147819 16.7%
Washington County 694510 14.5%
Box Elder County 22137 31.8%
Cache County 2197 33.3%
Iron County 18107 38.9%
Summit County 1867 38.9%

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: 1,241 applications in 2025, of which 778 were originated and 234 denied.

18.9% of all applications, or 22.7% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Loandepot.Com originated in Utah in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Loandepot.Com'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