University First Federal Credit Union · Utah · 2025

University First Federal Credit Union in Utah: approval rate, denial rate and rates (2025)

University First Federal Credit Union took 1,634 mortgage applications in Utah in 2025, ranking #17 of 575 lenders active in the state. It originated 59.9% of them and denied 20.1% (24.0% of the applications it decided), against a statewide denial rate of 16.0%.

1.6kApplicationsin UT
24.0%Decision denial ratestate 19.2%
4.99%Median ratestate 6.63%
$115,000Median loanstate $305,000
$160MVolume21 counties

University First Federal Credit Union in Utah vs the state

20.1%Denial rate+4.17 pts vs state
24.0%Decision denial rate+4.78 pts vs state
59.9%Origination rate-3.33 pts vs state
4.99%Median rate-1.63 pts vs state
-2.29Rate spread (pts)-2.53 pts vs state
$124kMedian applicant income
979Loans originated
329Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,9371,10019.2%6.99%#14
20241,60487320.0%6.49%#17
20251,63497920.1%4.99%#17

What University First Federal Credit Union lends in Utah

By loan purpose

Home purchase 166 10% · 9.0% denied
Refinance 222 14% · 17.1% denied
Cash-out refinance 215 13% · 11.2% denied
Home improvement 478 29% · 17.8% denied
Other / HELOC 553 34% · 30.2% denied

By loan type

Conventional 1,633 100% · 20.2% denied
FHA 1 0% · 0.0% denied

Why it denied Utah applicants

Debt-to-income ratio 178 54%
Collateral 104 32%
Credit history 34 10%
Other 9 3%
Unverifiable information 4 1%

Where in Utah

Counties with the most University First Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 1,114696208 18.7%
Utah County 19410350 25.8%
Davis County 1216927 22.3%
Washington County 663915 22.7%
Weber County 36179 25.0%
Summit County 28223 10.7%
Tooele County 1996 31.6%
Wasatch County 1652 12.5%
Iron County 851 12.5%
Cache County 622 33.3%

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: 1,634 applications in 2025, of which 979 were originated and 329 denied.

20.1% of all applications, or 24.0% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans University First Federal Credit Union originated in Utah in 2025 was 4.99%, against a statewide median of 6.63%.

About this data. Figures are University First 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