Morgan County, Utah · 2025

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

112 lenders acted on 702 mortgage applications for properties in Morgan County in 2025. 12.5% were denied (Utah: 16.0%). Median rate on closed loans 6.75%; median loan $395,000; median property value $795,000.

702Applications
12.5%Denial ratestate 16.0%
6.75%Median ratestate 6.63%
$395,000Median loan
$795,000Median property value

Largest lenders in Morgan County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Goldenwest B 130101 6.2%7.50%
2 AMERICA FIRST Federal Credit Union C 9770 16.5%6.99%
3 Guild Mortgage A 4233 2.4%6.49%
4 United Shore Financial Services B 4127 14.6%6.06%
5 Intercap Lending A 3935 0.0%6.63%
6 Mountain America Federal Credit Union D 2612 30.8%6.06%
7 Rocket Mortgage C 1613 12.5%6.75%
8 Glacier Bank D 1610 6.3%7.00%
9 Zions Bancorporation B 149 28.6%6.49%
10 Kind Lending C 139 15.4%6.63%
11 Pennymac Loan Services C 127 8.3%6.88%
12 Canopy Mortgage B 115 0.0%6.50%
13 Homeamerican Mortgage A 116 9.1%4.81%
14 Crosscountry Mortgage B 84 12.5%6.75%
15 Newrez D 72 28.6%5.56%
16 Bank of Utah A 65 0.0%6.63%
17 CYPRUS Federal Credit Union C 64 33.3%6.31%
18 JPMorgan Chase Bank B 54 20.0%6.18%
19 U.S. Bank D 53 20.0%7.25%
20 AMWEST Funding C 55 0.0%6.00%
21 Nationstar Mortgage C 55 0.0%8.50%
22 Plains Commerce Bank B 55 0.0%6.63%
23 Primary Residential Mortgage C 54 0.0%6.31%
24 The Loan Store B 54 0.0%6.63%

Best approval odds in Morgan County

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

#LenderDecidedDecision denial rate
1Goldenwest1256.4%
2AMERICA FIRST Federal Credit Union9117.6%

What Morgan County borrowers applied for

By loan purpose

Home purchase 263 37% · 7.2% denied
Refinance 147 21% · 15.0% denied
Cash-out refinance 131 19% · 14.5% denied
Home improvement 66 9% · 7.6% denied
Other / HELOC 95 14% · 24.2% denied

By loan type

Conventional 631 90% · 13.2% denied
FHA 33 5% · 9.1% denied
VA 37 5% · 5.4% denied
USDA / RHS 1 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 32 36%
Credit history 19 22%
Other 10 11%
Collateral 10 11%
Incomplete application 8 9%
Unverifiable information 4 5%
Insufficient cash 4 5%
Employment history 1 1%

Morgan County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202355936615.7%7.38%$275,000
202462039715.7%7.13%$345,000
202570248112.5%6.75%$395,000

Frequently asked questions

12.5% of applications in Morgan County were denied in 2025, against 16.0% statewide in Utah.

Goldenwest, with 130 applications in 2025 and a denial rate of 6.2%.

The median mortgage application in Morgan County in 2025 was for $395,000; the median property value on originated loans was $795,000.