Planet Home Lending · Utah · 2025

Planet Home Lending in Utah: approval rate, denial rate and rates (2025)

Planet Home Lending took 219 mortgage applications in Utah in 2025, ranking #94 of 575 lenders active in the state. It originated 84.5% of them and denied 6.9% (7.4% of the applications it decided), against a statewide denial rate of 16.0%.

219Applicationsin UT
7.4%Decision denial ratestate 19.2%
6.13%Median ratestate 6.63%
$405,000Median loanstate $305,000
$75MVolume16 counties

Planet Home Lending in Utah vs the state

6.9%Denial rate-9.11 pts vs state
7.4%Decision denial rate-11.75 pts vs state
84.5%Origination rate+21.23 pts vs state
6.13%Median rate-0.50 pts vs state
0.00Rate spread (pts)-0.24 pts vs state
$130kMedian applicant income
185Loans originated
15Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023382826.3%6.25%#168
20241038416.5%6.13%#129
20252191856.9%6.13%#94

What Planet Home Lending lends in Utah

By loan purpose

Home purchase 105 48% · 5.7% denied
Refinance 82 37% · 7.3% denied
Cash-out refinance 20 9% · 15.0% denied
Home improvement 5 2% · 0.0% denied
Other / HELOC 7 3% · 0.0% denied

By loan type

Conventional 107 49% · 6.5% denied
FHA 76 35% · 7.9% denied
VA 36 16% · 5.6% denied

Why it denied Utah applicants

Incomplete application 9 60%
Collateral 3 20%
Credit history 2 13%
Other 1 7%

Where in Utah

Counties with the most Planet Home Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Utah County 97844 4.1%
Salt Lake County 40285 12.5%
Weber County 24231 4.2%
Washington County 19162 10.5%
Davis County 11100 0.0%
Juab County 641 16.7%
Sanpete County 431 25.0%
Box Elder County 440 0.0%
Sevier County 330 0.0%
Cache County 330 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: 219 applications in 2025, of which 185 were originated and 15 denied.

6.9% of all applications, or 7.4% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Planet Home Lending originated in Utah in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are Planet Home Lending'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