PHH Mortgage · Utah · 2025

PHH Mortgage in Utah: approval rate, denial rate and rates (2025)

PHH Mortgage took 342 mortgage applications in Utah in 2025, ranking #72 of 575 lenders active in the state. It originated 45.9% of them and denied 9.9% (17.6% of the applications it decided), against a statewide denial rate of 16.0%.

342Applicationsin UT
17.6%Decision denial ratestate 19.2%
5.99%Median ratestate 6.63%
$355,000Median loanstate $305,000
$57MVolume22 counties

PHH Mortgage in Utah vs the state

9.9%Denial rate-6.02 pts vs state
17.6%Decision denial rate-1.56 pts vs state
45.9%Origination rate-17.33 pts vs state
5.99%Median rate-0.63 pts vs state
-0.12Rate spread (pts)-0.36 pts vs state
$83kMedian applicant income
157Loans originated
34Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
202319012513.7%7.23%#96
202427810611.5%6.51%#75
20253421579.9%5.99%#72

What PHH Mortgage lends in Utah

By loan purpose

Home purchase 24 7% · 8.3% denied
Refinance 208 61% · 11.1% denied
Cash-out refinance 100 29% · 6.0% denied
Home improvement 10 3% · 30.0% denied

By loan type

Conventional 131 38% · 3.8% denied
FHA 167 49% · 15.0% denied
VA 44 13% · 9.1% denied

Why it denied Utah applicants

Other 11 32%
Collateral 10 29%
Insufficient cash 5 15%
Debt-to-income ratio 4 12%
Unverifiable information 3 9%
Credit history 1 3%

Where in Utah

Counties with the most PHH Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 111568 7.2%
Weber County 53256 11.3%
Utah County 52235 9.6%
Davis County 30125 16.7%
Washington County 24122 8.3%
Tooele County 1780 0.0%
Cache County 1050 0.0%
Sanpete County 811 12.5%
Iron County 721 14.3%
Box Elder County 623 50.0%

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: 342 applications in 2025, of which 157 were originated and 34 denied.

9.9% of all applications, or 17.6% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans PHH Mortgage originated in Utah in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are PHH Mortgage'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