Rocket Mortgage · Utah · 2025

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

Rocket Mortgage took 6,276 mortgage applications in Utah in 2025, ranking #4 of 575 lenders active in the state. It originated 76.2% of them and denied 14.6% (15.7% of the applications it decided), against a statewide denial rate of 16.0%.

6.3kApplicationsin UT
15.7%Decision denial ratestate 19.2%
6.63%Median ratestate 6.63%
$335,000Median loanstate $305,000
$1.7BVolume29 counties

Rocket Mortgage in Utah vs the state

14.6%Denial rate-1.41 pts vs state
15.7%Decision denial rate-3.53 pts vs state
76.2%Origination rate+12.92 pts vs state
6.63%Median rate0.00 pts vs state
0.34Rate spread (pts)+0.10 pts vs state
$119kMedian applicant income
4,780Loans originated
913Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,7622,85014.0%6.63%#6
20244,8993,78414.1%6.63%#5
20256,2764,78014.6%6.63%#4

What Rocket Mortgage lends in Utah

By loan purpose

Home purchase 1,940 31% · 9.3% denied
Refinance 1,328 21% · 16.4% denied
Cash-out refinance 2,844 45% · 17.1% denied
Home improvement 47 1% · 14.9% denied
Other / HELOC 117 2% · 18.0% denied

By loan type

Conventional 5,095 81% · 13.0% denied
FHA 807 13% · 26.5% denied
VA 374 6% · 9.9% denied

Why it denied Utah applicants

Collateral 320 35%
Debt-to-income ratio 272 30%
Incomplete application 148 16%
Credit history 46 5%
Unverifiable information 43 5%
Other 43 5%
Insufficient cash 26 3%
Employment history 15 2%

Where in Utah

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 2,0421,569298 14.6%
Utah County 1,191912159 13.4%
Davis County 72756491 12.5%
Weber County 57344773 12.7%
Washington County 35726165 18.2%
Tooele County 24618044 17.9%
Cache County 16212815 9.3%
Box Elder County 14610327 18.5%
Iron County 1449925 17.4%
Summit County 1158617 14.8%

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%
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%
Utah Community Federal Credit UnionB 2,57316.1%6.99%

Frequently asked questions

Utah: 6,276 applications in 2025, of which 4,780 were originated and 913 denied.

14.6% of all applications, or 15.7% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

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

About this data. Figures are Rocket 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