Navy Federal Credit Union in Utah vs the state
20.4%Denial rate+4.47 pts vs state
31.7%Decision denial rate+12.47 pts vs state
42.6%Origination rate-20.67 pts vs state
7.65%Median rate+1.03 pts vs state
0.51Rate spread (pts)+0.27 pts vs state
$143kMedian applicant income
275Loans originated
132Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 558 | 247 | 22.9% | 7.45% | #48 |
| 2024 | 549 | 262 | 20.0% | 7.64% | #52 |
| 2025 | 646 | 275 | 20.4% | 7.65% | #47 |
What Navy Federal Credit Union lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Navy Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 178 | 75 | 29 | 16.3% |
| Utah County | 119 | 45 | 30 | 25.2% |
| Davis County | 89 | 41 | 20 | 22.5% |
| Weber County | 83 | 36 | 18 | 21.7% |
| Washington County | 49 | 25 | 10 | 20.4% |
| Tooele County | 23 | 9 | 2 | 8.7% |
| Iron County | 20 | 6 | 7 | 35.0% |
| Cache County | 18 | 8 | 4 | 22.2% |
| Summit County | 16 | 6 | 4 | 25.0% |
| Wasatch County | 11 | 5 | 1 | 9.1% |
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: 646 applications in 2025, of which 275 were originated and 132 denied.
20.4% of all applications, or 31.7% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Navy Federal Credit Union originated in Utah in 2025 was 7.65%, against a statewide median of 6.63%.
About this data. Figures are Navy Federal Credit Union'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