Network Funding in Utah vs the state
10.5%Denial rate-5.43 pts vs state
12.5%Decision denial rate-6.68 pts vs state
71.1%Origination rate+7.81 pts vs state
6.88%Median rate+0.25 pts vs state
0.65Rate spread (pts)+0.41 pts vs state
$124kMedian applicant income
27Loans originated
4Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 168 | 109 | 8.9% | 6.63% | #99 |
| 2024 | 52 | 38 | 9.6% | 6.63% | #159 |
| 2025 | 38 | 27 | 10.5% | 6.88% | #196 |
What Network Funding lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Network Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 21 | 16 | 2 | 9.5% |
| Weber County | 6 | 5 | 0 | 0.0% |
| Utah County | 4 | 2 | 0 | 0.0% |
| Tooele County | 2 | 2 | 0 | 0.0% |
| Davis County | 2 | 1 | 1 | 50.0% |
| Box Elder County | 2 | 1 | 1 | 50.0% |
| Washington County | 1 | 0 | 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: 38 applications in 2025, of which 27 were originated and 4 denied.
10.5% of all applications, or 12.5% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Network Funding originated in Utah in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are Network Funding'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