Lower in Utah vs the state
6.1%Denial rate-9.88 pts vs state
7.8%Decision denial rate-11.43 pts vs state
71.3%Origination rate+8.03 pts vs state
6.62%Median rate0.00 pts vs state
0.17Rate spread (pts)-0.07 pts vs state
$123kMedian applicant income
129Loans originated
11Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 106 | 70 | 15.1% | 6.63% | #124 |
| 2024 | 164 | 102 | 12.8% | 6.63% | #101 |
| 2025 | 181 | 129 | 6.1% | 6.62% | #105 |
What Lower lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Lower applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Utah County | 68 | 47 | 6 | 8.8% |
| Salt Lake County | 35 | 24 | 2 | 5.7% |
| Cache County | 27 | 21 | 2 | 7.4% |
| Davis County | 14 | 9 | 0 | 0.0% |
| Washington County | 10 | 7 | 0 | 0.0% |
| Weber County | 8 | 7 | 0 | 0.0% |
| Tooele County | 5 | 3 | 0 | 0.0% |
| Box Elder County | 5 | 4 | 0 | 0.0% |
| Iron County | 4 | 4 | 0 | 0.0% |
| Morgan County | 1 | 1 | 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: 181 applications in 2025, of which 129 were originated and 11 denied.
6.1% of all applications, or 7.8% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Lower originated in Utah in 2025 was 6.62%, against a statewide median of 6.63%.
About this data. Figures are Lower'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