Lenders › Mountain America Federal Credit Union › Utah
Mountain America Federal Credit Union in Utah
HMDA record for properties in Utah, calendar year 2024. National record · Utah overview
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.
Mountain America Federal Credit Union's 2024 HMDA record for Utah covers 15,391 applications, 7,147 of them originated, worth $1.2bn.
Its denial rate in the state was 40.5%, above the Utah rate of 20.5% across all lenders and compared with the lender's national rate of 41.9%.
The median rate spread on its Utah originations was 0.9 percentage points (state median 0.4).
Applications in the state were down 7% on 2023.
Compared with the state and the lender's national record
| Measure | In Utah | Utah, all lenders | Mountain America Federal Credit Union, all states | United States |
|---|---|---|---|---|
| Denial rate | 40.5% | 20.5% | 41.9% | 24.3% |
| Median rate spread, pp | 0.9 | 0.4 | 0.9 | 0.3 |
| Originations with spread of 1.5 pp or more | 30.7% | 14.2% | 31.5% | 15.6% |
| Average originated loan | $170k | $343k | $179k | $329k |
| Home purchase share | 15.9% | 49.0% | 17.8% | 57.0% |
| FHA-insured share | 2.3% | 14.1% | 2.4% | 13.4% |
| VA-guaranteed share | 0.3% | 4.7% | 0.5% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateUtah, all lenders
Loan purpose and loan type in Utah
By purpose
Home purchase 16% (1,138)Home improvement 30% (2,142)Refinancing 27% (1,961)Cash-out refinancing 9% (615)Other purpose 18% (1,291)
By type
Conventional 97% (6,961)FHA 2% (161)VA 0% (22)USDA 0% (3)
Denial reasons as coded
Share of 4,948 denials in Utah by first denial reason coded (outlined bar: all lenders in the state).
Counties in Utah
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 5,375 | 2,428 | $435m | 41.8% |
| Utah County | 2,705 | 1,235 | $220m | 42.1% |
| Washington County | 1,363 | 626 | $109m | 39.2% |
| Davis County | 1,153 | 578 | $86m | 36.7% |
| Tooele County | 787 | 388 | $51m | 38.4% |
| Weber County | 697 | 302 | $49m | 43.1% |
| Uintah County | 563 | 278 | $39m | 37.9% |
| Iron County | 521 | 266 | $40m | 35.0% |
| Cache County | 331 | 166 | $29m | 35.4% |
| Duchesne County | 309 | 152 | $20m | 36.1% |
| Sevier County | 244 | 143 | $17m | 29.3% |
| Wasatch County | 257 | 105 | $33m | 45.2% |
| Summit County | 230 | 98 | $30m | 45.1% |
| Sanpete County | 152 | 71 | $10m | 41.5% |
| Carbon County | 158 | 67 | $10m | 42.9% |
| Kane County | 100 | 55 | $12m | 34.1% |
| Box Elder County | 94 | 43 | $7.6m | 44.3% |
| Grand County | 72 | 27 | $5.7m | 51.7% |
| Garfield County | 40 | 18 | $2.4m | 38.7% |
| Beaver County | 61 | 17 | $2.9m | 65.3% |
| San Juan County | 36 | 17 | $2.7m | 45.2% |
| Emery County | 34 | 14 | $1.7m | 51.7% |
| Juab County | 26 | 10 | $850k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Mountain America Federal Credit Union originate in Utah in 2024?
7,147 loans totalling $1.2bn, from 15,391 applications reported for properties in Utah.
What is Mountain America Federal Credit Union's denial rate in Utah?
40.5% of decided applications in Utah were denied, against 20.5% for all lenders in the state and 41.9% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Utah counties does Mountain America Federal Credit Union lend in most?
By originations: Salt Lake County (2,428), Utah County (1,235), Washington County (626), Davis County (578), Tooele County (388).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Utah. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.