Sanpete County, Utah · 2025

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

125 lenders acted on 1,226 mortgage applications for properties in Sanpete County in 2025. 17.4% were denied (Utah: 16.0%). Median rate on closed loans 6.63%; median loan $245,000; median property value $455,000.

1.2kApplications
17.4%Denial ratestate 16.0%
6.63%Median ratestate 6.63%
$245,000Median loan
$455,000Median property value

Largest lenders in Sanpete County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Mountain America Federal Credit Union D 210100 36.7%6.99%
2 United Shore Financial Services B 139109 10.1%6.50%
3 Securitynational Mortgage D 121101 0.0%6.99%
4 AMERICA FIRST Federal Credit Union C 6740 28.4%7.00%
5 Rocket Mortgage C 6247 21.0%6.49%
6 Zions Bancorporation B 4124 31.7%8.00%
7 Intercap Lending A 3927 2.6%6.63%
8 State Bank of Southern Utah A 3223 3.1%7.50%
9 Plaza Home Mortgage C 2824 14.3%6.44%
10 Utah Community Federal Credit Union B 1912 5.3%6.87%
11 Newrez D 166 25.0%6.69%
12 Broker Solutions D 143 35.7%6.13%
13 Mortgage Research Center C 146 21.4%6.69%
14 Kind Lending C 137 38.5%6.38%
15 Freedom Mortgage B 135 15.4%6.50%
16 Security Home Mortgage, LLC. A 1310 0.0%6.25%
17 Crosscountry Mortgage B 116 0.0%6.48%
18 Cache Valley Bank A 1111 0.0%6.38%
19 First Colony Mortgage A 106 10.0%6.69%
20 The Loan Store B 105 10.0%6.49%
21 Plains Commerce Bank B 97 0.0%6.88%
22 Guild Mortgage A 96 11.1%6.69%
23 Loandepot.Com D 92 55.6%7.00%
24 PHH Mortgage C 81 12.5%5.75%
25 Canopy Mortgage B 84 0.0%6.44%

Best approval odds in Sanpete County

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

What Sanpete County borrowers applied for

By loan purpose

Home purchase 459 37% · 7.6% denied
Refinance 291 24% · 19.6% denied
Cash-out refinance 215 18% · 20.0% denied
Home improvement 131 11% · 18.3% denied
Other / HELOC 130 11% · 41.5% denied

By loan type

Conventional 967 79% · 18.8% denied
FHA 178 15% · 12.9% denied
VA 68 6% · 10.3% denied
USDA / RHS 13 1% · 7.7% denied

Why applications were denied

Debt-to-income ratio 82 39%
Collateral 51 24%
Credit history 31 15%
Other 24 11%
Insufficient cash 9 4%
Incomplete application 7 3%
Unverifiable information 6 3%
Employment history 2 1%

Sanpete County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202392655117.0%7.13%$215,000
20241,01660819.2%6.99%$225,000
20251,22674317.4%6.63%$245,000

Frequently asked questions

17.4% of applications in Sanpete County were denied in 2025, against 16.0% statewide in Utah.

Mountain America Federal Credit Union, with 210 applications in 2025 and a denial rate of 36.7%.

The median mortgage application in Sanpete County in 2025 was for $245,000; the median property value on originated loans was $455,000.