Millard County, Utah · 2025

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

96 lenders acted on 527 mortgage applications for properties in Millard County in 2025. 13.1% were denied (Utah: 16.0%). Median rate on closed loans 6.99%; median loan $205,000; median property value $365,000.

527Applications
13.1%Denial ratestate 16.0%
6.99%Median ratestate 6.63%
$205,000Median loan
$365,000Median property value

Largest lenders in Millard County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 State Bank of Southern Utah A 9680 4.2%7.50%
2 United Shore Financial Services B 5439 9.3%6.50%
3 Zions Bancorporation B 4627 23.9%6.38%
4 Mountain America Federal Credit Union D 3219 28.1%6.99%
5 Intercap Lending A 2718 0.0%6.99%
6 Rocket Mortgage C 2621 11.5%6.50%
7 Guild Mortgage A 1915 0.0%6.38%
8 AMERICA FIRST Federal Credit Union C 1813 16.7%6.99%
9 Securitynational Mortgage D 1310 0.0%6.68%
10 Newrez D 105 10.0%7.13%
11 Nationstar Mortgage C 75 28.6%7.88%
12 Kind Lending C 63 33.3%6.50%
13 Freedom Mortgage B 62 0.0%5.75%
14 Broker Solutions D 61 16.7%6.25%
15 Mortgage Research Center C 65 0.0%5.99%
16 Security Home Mortgage, LLC. A 66 0.0%6.68%
17 NBH Bank C 51 0.0%8.38%
18 Plains Commerce Bank B 52 40.0%6.63%
19 Coastal Community Bank C 50 0.0%

Best approval odds in Millard County

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

#LenderDecidedDecision denial rate
1State Bank of Southern Utah894.5%

What Millard County borrowers applied for

By loan purpose

Home purchase 180 34% · 8.3% denied
Refinance 121 23% · 12.4% denied
Cash-out refinance 93 18% · 14.0% denied
Home improvement 56 11% · 25.0% denied
Other / HELOC 77 15% · 15.6% denied

By loan type

Conventional 410 78% · 13.7% denied
FHA 83 16% · 10.8% denied
VA 27 5% · 3.7% denied
USDA / RHS 7 1% · 42.9% denied

Why applications were denied

Debt-to-income ratio 26 38%
Credit history 12 17%
Collateral 10 14%
Other 6 9%
Incomplete application 5 7%
Unverifiable information 5 7%
Insufficient cash 4 6%
Employment history 1 1%

Millard County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202342022720.0%7.18%$175,000
202446727518.8%7.25%$195,000
202552734613.1%6.99%$205,000

Frequently asked questions

13.1% of applications in Millard County were denied in 2025, against 16.0% statewide in Utah.

State Bank of Southern Utah, with 96 applications in 2025 and a denial rate of 4.2%.

The median mortgage application in Millard County in 2025 was for $205,000; the median property value on originated loans was $365,000.