Nqm Funding · Utah · 2025

Nqm Funding in Utah: approval rate, denial rate and rates (2025)

Nqm Funding took 20 mortgage applications in Utah in 2025, ranking #237 of 575 lenders active in the state. It originated 60.0% of them and denied 15.0% (16.7% of the applications it decided), against a statewide denial rate of 16.0%.

20Applicationsin UT
16.7%Decision denial ratestate 19.2%
7.44%Median ratestate 6.63%
$490,000Median loanstate $305,000
$8.3MVolume8 counties

Nqm Funding in Utah vs the state

15.0%Denial rate-0.96 pts vs state
16.7%Decision denial rate-2.51 pts vs state
60.0%Origination rate-3.24 pts vs state
7.44%Median rate+0.81 pts vs state
0.94Rate spread (pts)+0.70 pts vs state
$293kMedian applicant income
12Loans originated
3Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023191015.8%7.94%#213
20247514.3%7.50%#299
2025201215.0%7.44%#237

What Nqm Funding lends in Utah

By loan purpose

Home purchase 15 75% · 13.3% denied
Refinance 5 25% · 20.0% denied

By loan type

Conventional 20 100% · 15.0% denied

Why it denied Utah applicants

Collateral 2 67%
Debt-to-income ratio 1 33%

Where in Utah

Counties with the most Nqm Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Washington County 651 16.7%
Davis County 420 0.0%
Salt Lake County 311 33.3%
Utah County 210 0.0%
Wasatch County 201 50.0%
Summit County 110 0.0%
Weber County 110 0.0%
Box Elder County 110 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: 20 applications in 2025, of which 12 were originated and 3 denied.

15.0% of all applications, or 16.7% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Nqm Funding originated in Utah in 2025 was 7.44%, against a statewide median of 6.63%.

About this data. Figures are Nqm 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