Mission Loans · Utah · 2025

Mission Loans in Utah: approval rate, denial rate and rates (2025)

Mission Loans took 127 mortgage applications in Utah in 2025, ranking #122 of 575 lenders active in the state. It originated 24.4% of them and denied 0.8% (2.9% of the applications it decided), against a statewide denial rate of 16.0%.

127Applicationsin UT
2.9%Decision denial ratestate 19.2%
8.38%Median ratestate 6.63%
$175,000Median loanstate $305,000
$7.2MVolume19 counties

Mission Loans in Utah vs the state

0.8%Denial rate-15.17 pts vs state
2.9%Decision denial rate-16.32 pts vs state
24.4%Origination rate-38.83 pts vs state
8.38%Median rate+1.75 pts vs state
2.27Rate spread (pts)+2.03 pts vs state
$122kMedian applicant income
31Loans originated
1Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231040.0%10.50%#266
202495300.0%10.25%#135
2025127310.8%8.38%#122

What Mission Loans lends in Utah

By loan purpose

Home purchase 1 1% · 0.0% denied
Refinance 33 26% · 0.0% denied
Cash-out refinance 38 30% · 0.0% denied
Other / HELOC 55 43% · 1.8% denied

By loan type

Conventional 113 89% · 0.9% denied
FHA 12 9% · 0.0% denied
VA 2 2% · 0.0% denied

Why it denied Utah applicants

Collateral 1 100%

Where in Utah

Counties with the most Mission Loans applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 3671 2.8%
Utah County 2350 0.0%
Davis County 1440 0.0%
Tooele County 1020 0.0%
Washington County 820 0.0%
Weber County 830 0.0%
Sanpete County 720 0.0%
Cache County 420 0.0%
Box Elder County 410 0.0%
Uintah County 320 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: 127 applications in 2025, of which 31 were originated and 1 denied.

0.8% of all applications, or 2.9% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Mission Loans originated in Utah in 2025 was 8.38%, against a statewide median of 6.63%.

About this data. Figures are Mission Loans'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