Security Service Federal Credit Union · Utah · 2025

Security Service Federal Credit Union in Utah: approval rate, denial rate and rates (2025)

Security Service Federal Credit Union took 870 mortgage applications in Utah in 2025, ranking #38 of 575 lenders active in the state. It originated 58.3% of them and denied 21.4% (26.6% of the applications it decided), against a statewide denial rate of 16.0%.

870Applicationsin UT
26.6%Decision denial ratestate 19.2%
6.99%Median ratestate 6.63%
$165,000Median loanstate $305,000
$146MVolume23 counties

Security Service Federal Credit Union in Utah vs the state

21.4%Denial rate+5.42 pts vs state
26.6%Decision denial rate+7.39 pts vs state
58.3%Origination rate-4.96 pts vs state
6.99%Median rate+0.37 pts vs state
-0.20Rate spread (pts)-0.44 pts vs state
$125kMedian applicant income
507Loans originated
186Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,6711,07614.5%6.13%#16
20241,02967613.5%7.49%#30
202587050721.4%6.99%#38

What Security Service Federal Credit Union lends in Utah

By loan purpose

Home purchase 80 9% · 13.8% denied
Refinance 9 1% · 11.1% denied
Cash-out refinance 332 38% · 25.0% denied
Home improvement 2 0% · 0.0% denied
Other / HELOC 447 51% · 20.4% denied

By loan type

Conventional 870 100% · 21.4% denied

Why it denied Utah applicants

Debt-to-income ratio 83 45%
Credit history 58 31%
Collateral 25 13%
Other 12 6%
Unverifiable information 7 4%
Employment history 1 1%

Where in Utah

Counties with the most Security Service Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Utah County 31618072 22.8%
Salt Lake County 30017467 22.3%
Washington County 623412 19.4%
Davis County 55339 16.4%
Weber County 41268 19.5%
Summit County 31192 6.5%
Wasatch County 15103 20.0%
Tooele County 1383 23.1%
Sanpete County 633 50.0%
Iron County 651 16.7%

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: 870 applications in 2025, of which 507 were originated and 186 denied.

21.4% of all applications, or 26.6% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Security Service Federal Credit Union originated in Utah in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are Security Service Federal Credit Union'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