Newrez in Utah vs the state
17.3%Denial rate+1.36 pts vs state
30.8%Decision denial rate+11.62 pts vs state
38.2%Origination rate-25.09 pts vs state
6.63%Median rate0.00 pts vs state
0.34Rate spread (pts)+0.10 pts vs state
$113kMedian applicant income
687Loans originated
312Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 905 | 445 | 12.7% | 6.50% | #26 |
| 2024 | 1,128 | 465 | 17.0% | 6.75% | #24 |
| 2025 | 1,801 | 687 | 17.3% | 6.63% | #15 |
What Newrez lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Newrez applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 548 | 204 | 114 | 20.8% |
| Utah County | 361 | 124 | 61 | 16.9% |
| Washington County | 177 | 74 | 23 | 13.0% |
| Davis County | 171 | 66 | 28 | 16.4% |
| Weber County | 145 | 66 | 19 | 13.1% |
| Tooele County | 72 | 24 | 15 | 20.8% |
| Summit County | 53 | 23 | 8 | 15.1% |
| Cache County | 53 | 22 | 5 | 9.4% |
| Box Elder County | 44 | 15 | 8 | 18.2% |
| Wasatch County | 30 | 12 | 4 | 13.3% |
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: 1,801 applications in 2025, of which 687 were originated and 312 denied.
17.3% of all applications, or 30.8% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Newrez originated in Utah in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Newrez'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