Nexera Holding · Utah · 2025

Nexera Holding in Utah: approval rate, denial rate and rates (2025)

Nexera Holding took 201 mortgage applications in Utah in 2025, ranking #99 of 575 lenders active in the state. It originated 55.2% of them and denied 11.0% (16.4% of the applications it decided), against a statewide denial rate of 16.0%.

201Applicationsin UT
16.4%Decision denial ratestate 19.2%
7.13%Median ratestate 6.63%
$415,000Median loanstate $305,000
$70MVolume16 counties

Nexera Holding in Utah vs the state

11.0%Denial rate-5.01 pts vs state
16.4%Decision denial rate-2.76 pts vs state
55.2%Origination rate-8.02 pts vs state
7.13%Median rate+0.50 pts vs state
0.84Rate spread (pts)+0.60 pts vs state
$254kMedian applicant income
111Loans originated
22Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023125625.6%8.06%#114
2024145795.5%7.75%#106
202520111111.0%7.13%#99

What Nexera Holding lends in Utah

By loan purpose

Home purchase 81 40% · 3.7% denied
Refinance 42 21% · 21.4% denied
Cash-out refinance 78 39% · 12.8% denied

By loan type

Conventional 201 100% · 11.0% denied

Why it denied Utah applicants

Other 17 77%
Collateral 3 14%
Debt-to-income ratio 2 9%

Where in Utah

Counties with the most Nexera Holding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 814910 12.3%
Utah County 39203 7.7%
Weber County 1543 20.0%
Davis County 1380 0.0%
Summit County 1081 10.0%
Tooele County 960 0.0%
Wasatch County 961 11.1%
Washington County 842 25.0%
Cache County 521 20.0%
Beaver County 411 25.0%

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: 201 applications in 2025, of which 111 were originated and 22 denied.

11.0% of all applications, or 16.4% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Nexera Holding originated in Utah in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are Nexera Holding'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