Mortgage Approval and Denial Rates in Utah (2025 HMDA)

Mortgage denial rates in Utah: lenders acted on 151,152 mortgage applications in Utah in 2025 and denied 15.9% of them, down from 17.0% in 2024. The national denial rate was 17.7%.

Applications acted on

151,152

Loans originated

95,932

Denial rate

15.9%

Median loan

$305,000

Utah against the national picture

Utah denial rate15.9%
National denial rate17.7%
Utah, 202417.0%

Most-reported denial reason in Utah: Debt-to-income ratio.

Counties ranked by denial rate

CountyApplicationsDenial rateMedian loan
San Juan County32129.6%$185,000
Grand County34723.3%$305,000
Duchesne County85122.8%$205,000
Uintah County1,83821.0%$205,000
Kane County65120.0%$275,000
Carbon County98619.5%$185,000
Rich County29919.4%$325,000
Tooele County5,26218.8%$285,000
Sevier County1,05018.7%$195,000
Salt Lake County46,46417.6%$295,000
Wayne County10217.6%$255,000
Sanpete County1,22517.4%$245,000
Summit County2,85516.6%$535,000
Beaver County29516.3%$205,000
Garfield County26816.0%$205,000
Wasatch County2,80915.7%$525,000
Iron County3,29015.2%$265,000
Utah County31,09514.8%$345,000
Washington County11,42214.7%$315,000
Juab County58214.4%$265,000
Weber County13,80914.1%$265,000
Davis County15,50413.7%$275,000
Box Elder County3,14013.6%$275,000
Emery County33013.3%$185,000
Cache County4,99813.2%$275,000
Millard County52613.1%$205,000
Morgan County70212.5%$395,000

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Reading these numbers

The denial rate counts applications the lender acted on, so withdrawn files do not inflate it. A high rate does not automatically mean strict lenders: counties with many first-time or lower-income applicants tend to show higher denial rates because of debt-to-income and credit-history thresholds, which are the two reasons lenders report most often. Median loan amount and median applicant income are computed from the same application records, so they describe who is applying — not who ends up buying.

Source: Consumer Financial Protection Bureau, HMDA Data Browser (2025 loan application register). Latest observation 2026-08-23.