Summit County, Utah
Mortgage lending record for properties in the county, calendar year 2024.
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Summit County, Utah, saw 2,493 HMDA-reported applications and 1,472 originations ($1.4bn) in 2024.
That is 93.6 originations per 1,000 households, against 77.6 for Utah and 48.0 nationally.
The county's denial rate was 22.3%, close to the state rate of 20.5%. The median rate spread on originated loans was 0.3 percentage points and 11.2% of originations were 1.5 points or more above the average prime offer rate.
20 lenders reached 25 applications in the county; the most active by originations were Zions Bancorporation, N.A. (111), United Wholesale Mortgage (105) and America First Federal Credit Union (102).
Originations were up 7% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Zions Bancorporation, N.A. | 187 | 111 | $118m | 21.7% | — |
| 2 | United Wholesale Mortgage | 143 | 105 | $80m | 11.5% | — |
| 3 | America First Federal Credit Union | 147 | 102 | $26m | 24.3% | — |
| 4 | Mountain America Federal Credit Union | 230 | 98 | $30m | 45.1% | — |
| 5 | Us Bank, N.A. | 121 | 70 | $91m | 33.3% | — |
| 6 | Rocket Mortgage | 89 | 69 | $39m | 14.3% | — |
| 7 | JPMorgan Chase Bank, NA | 69 | 44 | $82m | 14.8% | — |
| 8 | Fairway Independent Mort Corp | 69 | 44 | $36m | 6.1% | — |
| 9 | Intercap Lending Inc | 68 | 44 | $35m | 0.0% | — |
| 10 | Bank of America NA | 58 | 33 | $55m | 27.7% | — |
| 11 | Morgan Stanley Private Bank NA | 43 | 33 | $67m | 0.0% | — |
| 12 | Security Service | 45 | 32 | $33m | 5.4% | — |
| 13 | Wells Fargo Bank NA | 39 | 23 | $36m | 11.5% | — |
| 14 | Crosscountry Mortgage, LLC | 33 | 21 | $20m | — | — |
| 15 | Newrez LLC | 35 | 18 | $15m | — | — |
| 16 | Kind Lending, LLC | 25 | 18 | $11m | 28.0% | — |
| 17 | Utah Community Credit Union | 36 | 17 | $13m | — | — |
| 18 | Glacier Bank | 31 | 13 | $7.7m | — | — |
| 19 | Goldenwest Credit Union | 27 | 10 | $4.2m | 48.0% | — |
| 20 | Discover Bank | 36 | 2 | $300k | 88.0% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 20. Denial rate is denials over decided applications in this county.
Compared with Utah and the nation
| Measure | This county | Utah | United States |
|---|---|---|---|
| Denial rate | 22.3% | 20.5% | 24.3% |
| Median rate spread, pp | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 11.2% | 14.2% | 15.6% |
| Average originated loan | $940k | $343k | $329k |
| Originations per 1,000 households | 93.6 | 77.6 | 48.0 |
| Home purchase share of originations | 49.3% | 49.0% | 57.0% |
| FHA-insured share | 1.8% | 14.1% | 13.4% |
| VA-guaranteed share | 2.2% | 4.7% | 7.9% |
Rate spread distribution
Share of 1,308 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Utah). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.
Loan purpose and loan type
By purpose
Home purchase 49% (726)Home improvement 12% (183)Refinancing 14% (208)Cash-out refinancing 11% (165)Other purpose 13% (189)
By type
Conventional 96% (1,411)FHA 2% (27)VA 2% (33)USDA 0% (1)
Trend by year
ApplicationsOriginations
This countyUtah
Questions and answers
Which lenders are most active in Summit County, UT?
By 2024 originations: Zions Bancorporation, N.A. (111), United Wholesale Mortgage (105), America First Federal Credit Union (102), Mountain America Federal Credit Union (98), Us Bank, N.A. (70). 20 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Summit County?
22.3% of decided applications were denied in 2024, against 20.5% across Utah and 24.3% nationally.
How many mortgages were originated in Summit County in 2024?
1,472 loans totalling $1.4bn, from 2,493 applications; 93.6 originations per 1,000 households.
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 49043; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.