Carbon County, Utah · 2025

Mortgage lenders in Carbon County, UT: denial rates and top lenders (2025)

121 lenders acted on 986 mortgage applications for properties in Carbon County in 2025. 19.5% were denied (Utah: 16.0%). Median rate on closed loans 6.63%; median loan $185,000; median property value $295,000.

986Applications
19.5%Denial ratestate 16.0%
6.63%Median ratestate 6.63%
$185,000Median loan
$295,000Median property value

Largest lenders in Carbon County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Premier Mortgage Resources B 12087 1.7%6.88%
2 Mountain America Federal Credit Union D 11042 52.7%7.00%
3 Utah Power Federally Insured State-Chartered Credit Union B 9588 3.2%6.50%
4 United Shore Financial Services B 5531 18.2%6.25%
5 Broker Solutions D 4938 2.0%6.63%
6 Rocket Mortgage C 4838 14.6%6.50%
7 Bank of Utah A 3628 0.0%6.38%
8 AMERICA FIRST Federal Credit Union C 3014 33.3%6.99%
9 Newrez D 2613 7.7%6.25%
10 The Loan Store B 1611 0.0%6.38%
11 Intercap Lending A 1513 0.0%6.75%
12 Plaza Home Mortgage C 153 60.0%7.75%
13 Loandepot.Com D 158 33.3%7.06%
14 AmeriSave Mortgage D 143 78.6%8.75%
15 Wells Fargo Bank B 135 46.2%6.50%
16 Pennymac Loan Services C 127 16.7%5.99%
17 Zions Bancorporation B 125 33.3%6.24%
18 Guild Mortgage A 1110 0.0%6.88%
19 Fairway Independent Mortgage B 106 20.0%7.13%
20 Mortgage Research Center C 106 10.0%6.31%
21 Kind Lending C 94 55.6%6.56%
22 Canopy Mortgage B 85 0.0%6.25%
23 Better Mortgage F 82 37.5%7.38%
24 Freedom Mortgage B 86 12.5%6.25%
25 American Pacific Mortgage C 87 0.0%6.75%

Best approval odds in Carbon County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

What Carbon County borrowers applied for

By loan purpose

Home purchase 438 44% · 10.7% denied
Refinance 169 17% · 21.9% denied
Cash-out refinance 185 19% · 23.2% denied
Home improvement 50 5% · 32.0% denied
Other / HELOC 144 15% · 34.0% denied

By loan type

Conventional 669 68% · 21.8% denied
FHA 234 24% · 15.8% denied
VA 67 7% · 11.9% denied
USDA / RHS 16 2% · 6.3% denied

Why applications were denied

Debt-to-income ratio 55 29%
Collateral 50 26%
Credit history 37 19%
Other 21 11%
Incomplete application 14 7%
Insufficient cash 6 3%
Unverifiable information 6 3%
Employment history 3 2%

Carbon County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202389651217.4%7.00%$145,000
202488349517.1%6.88%$155,000
202598658819.5%6.63%$185,000

Frequently asked questions

19.5% of applications in Carbon County were denied in 2025, against 16.0% statewide in Utah.

Premier Mortgage Resources, with 120 applications in 2025 and a denial rate of 1.7%.

The median mortgage application in Carbon County in 2025 was for $185,000; the median property value on originated loans was $295,000.