RCN Capital in Utah vs the state
84.6%Denial rate+68.66 pts vs state
84.6%Decision denial rate+65.44 pts vs state
15.4%Origination rate-47.86 pts vs state
9.07%Median rate+2.44 pts vs state
—Rate spread (pts)
—Median applicant income
2Loans originated
11Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 4 | 37.5% | 6.79% | #195 |
| 2024 | 18 | 6 | 22.2% | 7.49% | #230 |
| 2025 | 13 | 2 | 84.6% | 9.07% | #265 |
What RCN Capital lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Other large lenders in Utah
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| AMERICA FIRST Federal Credit Union | C | 16,303 | 18.3% | 6.99% |
| Mountain America Federal Credit Union | D | 15,401 | 36.5% | 7.24% |
| United Shore Financial Services | B | 11,325 | 8.5% | 6.25% |
| Rocket Mortgage | C | 6,276 | 14.6% | 6.63% |
| Guild Mortgage | A | 5,427 | 1.5% | 6.50% |
| Intercap Lending | A | 4,881 | 0.7% | 6.50% |
| Goldenwest | B | 4,794 | 17.6% | 7.50% |
| First Colony Mortgage | A | 3,499 | 2.1% | 6.38% |
| Kind Lending | C | 3,227 | 20.3% | 6.50% |
| Zions Bancorporation | B | 3,013 | 22.9% | 6.49% |
Frequently asked questions
Utah: 13 applications in 2025, of which 2 were originated and 11 denied.
84.6% of all applications, or 84.6% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans RCN Capital originated in Utah in 2025 was 9.07%, against a statewide median of 6.63%.
About this data. Figures are RCN Capital'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