Veritas Funding in Utah vs the state
1.6%Denial rate-14.36 pts vs state
2.1%Decision denial rate-17.11 pts vs state
73.9%Origination rate+10.70 pts vs state
6.25%Median rate-0.38 pts vs state
0.15Rate spread (pts)-0.09 pts vs state
$113kMedian applicant income
278Loans originated
6Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 573 | 351 | 3.8% | 6.63% | #47 |
| 2024 | 456 | 319 | 2.4% | 6.38% | #56 |
| 2025 | 376 | 278 | 1.6% | 6.25% | #68 |
What Veritas Funding lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Veritas Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 118 | 80 | 4 | 3.4% |
| Utah County | 111 | 81 | 1 | 0.9% |
| Tooele County | 59 | 48 | 1 | 1.7% |
| Davis County | 39 | 36 | 0 | 0.0% |
| Washington County | 26 | 19 | 0 | 0.0% |
| Weber County | 12 | 6 | 0 | 0.0% |
| Wasatch County | 3 | 2 | 0 | 0.0% |
| Sanpete County | 2 | 1 | 0 | 0.0% |
| Box Elder County | 2 | 2 | 0 | 0.0% |
| Sevier County | 1 | 1 | 0 | 0.0% |
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: 376 applications in 2025, of which 278 were originated and 6 denied.
1.6% of all applications, or 2.1% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Veritas Funding originated in Utah in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Veritas 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