Tooele County, Utah · 2025

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

199 lenders acted on 5,262 mortgage applications for properties in Tooele County in 2025. 18.8% were denied (Utah: 16.0%). Median rate on closed loans 6.50%; median loan $285,000; median property value $475,000.

5.3kApplications
18.8%Denial ratestate 16.0%
6.50%Median ratestate 6.63%
$285,000Median loan
$475,000Median property value

Largest lenders in Tooele County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Mountain America Federal Credit Union D 744338 39.5%7.74%
2 AMERICA FIRST Federal Credit Union C 410278 23.4%7.49%
3 United Shore Financial Services B 367282 11.4%6.13%
4 Rocket Mortgage C 246180 17.9%6.63%
5 Intercap Lending A 180143 0.6%6.50%
6 Kind Lending C 13690 23.5%6.50%
7 Chartway Federal Credit Union B 12681 19.8%3.69%
8 Loandepot.Com D 11789 11.1%5.63%
9 CYPRUS Federal Credit Union C 11359 40.7%4.99%
10 The Loan Store B 11294 6.3%6.19%
11 Plains Commerce Bank B 11170 6.3%6.38%
12 Securitynational Mortgage D 10469 3.9%6.63%
13 My Move Mortgage A 10072 6.0%5.69%
14 Ranlife B 9673 2.1%6.50%
15 Pennymac Loan Services C 8950 10.1%7.13%
16 Homeamerican Mortgage A 8660 9.3%4.81%
17 Dhi Mortgage Company B 7752 10.4%5.75%
18 Freedom Mortgage B 7336 9.6%6.19%
19 Newrez D 7224 20.8%6.25%
20 Guild Mortgage A 7252 1.4%6.38%
21 Guaranteed Rate B 6543 7.7%6.48%
22 Mortgage Research Center C 6218 21.0%6.50%
23 Veritas Funding D 5948 1.7%5.88%
24 Paramount Residential Mortgage Group B 5644 0.0%6.50%
25 Nationstar Mortgage C 5439 13.0%8.75%

Best approval odds in Tooele County

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

#LenderDecidedDecision denial rate
1Intercap Lending1550.7%
2Guild Mortgage601.7%
3Veritas Funding502.0%
4Ranlife752.7%
5Securitynational Mortgage735.5%
6The Loan Store1096.4%
7My Move Mortgage787.7%
8Plains Commerce Bank779.1%
9Homeamerican Mortgage7610.5%
10Loandepot.Com10312.6%

What Tooele County borrowers applied for

By loan purpose

Home purchase 2,152 41% · 8.0% denied
Refinance 1,061 20% · 22.1% denied
Cash-out refinance 835 16% · 21.3% denied
Home improvement 490 9% · 26.9% denied
Other / HELOC 724 14% · 37.6% denied

By loan type

Conventional 3,598 68% · 22.1% denied
FHA 1,239 24% · 11.1% denied
VA 416 8% · 13.0% denied
USDA / RHS 9 0% · 22.2% denied

Why applications were denied

Debt-to-income ratio 393 40%
Credit history 204 21%
Collateral 141 14%
Other 96 10%
Incomplete application 95 10%
Unverifiable information 26 3%
Insufficient cash 21 2%
Employment history 12 1%

Tooele County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20234,7742,77819.5%7.00%$195,000
20245,2423,25017.8%6.75%$265,000
20255,2623,20318.8%6.50%$285,000

Frequently asked questions

18.8% of applications in Tooele County were denied in 2025, against 16.0% statewide in Utah.

Mountain America Federal Credit Union, with 744 applications in 2025 and a denial rate of 39.5%.

The median mortgage application in Tooele County in 2025 was for $285,000; the median property value on originated loans was $475,000.