Scenic Oaks Funding · Utah · 2025

Scenic Oaks Funding in Utah: approval rate, denial rate and rates (2025)

Scenic Oaks Funding took 47 mortgage applications in Utah in 2025, ranking #176 of 575 lenders active in the state. It originated 63.8% of them and denied 8.5% (11.8% of the applications it decided), against a statewide denial rate of 16.0%.

47Applicationsin UT
11.8%Decision denial ratestate 19.2%
6.25%Median ratestate 6.63%
$425,000Median loanstate $305,000
$14MVolume7 counties

Scenic Oaks Funding in Utah vs the state

8.5%Denial rate-7.45 pts vs state
11.8%Decision denial rate-7.42 pts vs state
63.8%Origination rate+0.59 pts vs state
6.25%Median rate-0.38 pts vs state
-0.02Rate spread (pts)-0.26 pts vs state
$136kMedian applicant income
30Loans originated
4Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20241190.0%6.62%#264
202547308.5%6.25%#176

What Scenic Oaks Funding lends in Utah

By loan purpose

Home purchase 34 72% · 2.9% denied
Refinance 9 19% · 33.3% denied
Cash-out refinance 2 4% · 0.0% denied
Home improvement 2 4% · 0.0% denied

By loan type

Conventional 39 83% · 5.1% denied
FHA 3 6% · 0.0% denied
VA 5 11% · 40.0% denied

Why it denied Utah applicants

Debt-to-income ratio 2 50%
Collateral 1 25%
Credit history 1 25%

Where in Utah

Counties with the most Scenic Oaks Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 20131 5.0%
Utah County 1473 21.4%
Davis County 430 0.0%
Tooele County 320 0.0%
Summit County 210 0.0%
Weber County 220 0.0%
Washington County 220 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: 47 applications in 2025, of which 30 were originated and 4 denied.

8.5% of all applications, or 11.8% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Scenic Oaks Funding originated in Utah in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Scenic Oaks Funding'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