Paramount Residential Mortgage Group · Utah · 2025

Paramount Residential Mortgage Group in Utah: approval rate, denial rate and rates (2025)

Paramount Residential Mortgage Group took 625 mortgage applications in Utah in 2025, ranking #51 of 575 lenders active in the state. It originated 65.0% of them and denied 3.7% (5.4% of the applications it decided), against a statewide denial rate of 16.0%.

625Applicationsin UT
5.4%Decision denial ratestate 19.2%
6.38%Median ratestate 6.63%
$405,000Median loanstate $305,000
$154MVolume24 counties

Paramount Residential Mortgage Group in Utah vs the state

3.7%Denial rate-12.28 pts vs state
5.4%Decision denial rate-13.83 pts vs state
65.0%Origination rate+1.72 pts vs state
6.38%Median rate-0.25 pts vs state
0.33Rate spread (pts)+0.09 pts vs state
$111kMedian applicant income
406Loans originated
23Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234412626.4%7.25%#59
20246053922.5%6.75%#49
20256254063.7%6.38%#51

What Paramount Residential Mortgage Group lends in Utah

By loan purpose

Home purchase 499 80% · 3.8% denied
Refinance 60 10% · 3.3% denied
Cash-out refinance 52 8% · 1.9% denied
Home improvement 13 2% · 7.7% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 387 62% · 3.6% denied
FHA 209 33% · 3.8% denied
VA 24 4% · 4.2% denied
USDA / RHS 5 1% · 0.0% denied

Why it denied Utah applicants

Debt-to-income ratio 13 57%
Other 4 17%
Collateral 3 13%
Credit history 2 9%
Employment history 1 4%

Where in Utah

Counties with the most Paramount Residential Mortgage Group applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 19412111 5.7%
Utah County 149983 2.0%
Weber County 67432 3.0%
Tooele County 56440 0.0%
Davis County 48300 0.0%
Washington County 22112 9.1%
Cache County 17100 0.0%
Box Elder County 15110 0.0%
Wasatch County 943 33.3%
Sanpete County 761 14.3%

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: 625 applications in 2025, of which 406 were originated and 23 denied.

3.7% of all applications, or 5.4% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Paramount Residential Mortgage Group originated in Utah in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Paramount Residential Mortgage Group'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