SALT LAKE CITY Mortgage Rates
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Salt Lake City averaged
5.35%
for the week of 2022-05-19, compared to the national average of
5.25% for the same period.
The average rate for the prior week (2022-05-12) was
5.6% and
one month ago for the week of 2022-04-14, the
average rate was 4.9%.
Salt Lake City's average rate one year ago was 2.97%.
For refis of the same type during the week of 2022-05-19, the average rate
was 5.26%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-05-19 | 5.25% |
| Salt Lake City 30 Year Fixed Rate | 2022-05-19 | 5.35% |
| Salt Lake City 30 Year Fixed Rate Refi | 2022-05-19 | 5.26% |
| Salt Lake City 15 Year Fixed Rate | 2022-05-19 | 4.71% |
| Salt Lake City 15 Year Fixed Rate Refi | 2022-05-19 | 4.69% |
| Salt Lake City 30 Year FHA | 2022-05-19 | 5.28% |
| Salt Lake City 30 Year FHA Refi | 2022-05-19 | 5.34% |
| Salt Lake City 30 Year USDA | 2022-05-19 | 4.91% |
| Salt Lake City 30 Year USDA Refi | 2022-05-19 | 5.27% |
| Salt Lake City 30 Year VA | 2022-05-19 | 5.13% |
| Salt Lake City 30 Year VA Refi | 2022-05-19 | 4.76% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within SALT LAKE CITY, UT.
SALT LAKE CITY Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the SALT LAKE CITY, UT market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
SALT LAKE CITY, UT's 327 lenders originated 90,073
loans during 2021. The total origination value was $29,241,215,000, with an average loan value of
$324,639.
The top SALT LAKE CITY lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
7,753 loans originated. Their average total fees are
$4,365, which is $321
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee SALT LAKE CITY lenders (with over 10 loans originated) are
HOMEAMERICAN MORTGAGE CORPORATION ($568), CHERRY CREEK MORTGAGE, LLC ($1,116), Strong Home Mortgage, LLC ($1,381), BLUE BRICK FINANCIAL LLC ($1,625) and Wyndham Capital Mortgage, Inc. ($1,690).
The lowest rate SALT LAKE CITY lenders (with over 10 loans originated) are
Charles Schwab Bank, SSB (2.30%), Morgan Stanley Private Bank (2.63%), Watermark Capital, Inc. (2.67%), Mortgage Research Center, LLC (2.68%) and Utah Power (2.72%).
SALT LAKE CITY, UT Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $3,546,510,000 | $3,902,280,000 | 10.0% | 13.3% |
| QUICKEN LOANS, LLC | $2,060,220,000 | $1,796,705,000 | -12.8% | 6.1% |
| INTERCAP LENDING INC. | $1,912,940,000 | $1,622,895,000 | -15.2% | 5.6% |
| MOUNTAIN AMERICA | $1,149,960,000 | $1,118,010,000 | -2.8% | 3.8% |
| HOME POINT FINANCIAL CORPORATION | $513,390,000 | $1,067,380,000 | 107.9% | 3.7% |
| SECURITYNATIONAL MORTGAGE COMPANY | $1,165,900,000 | $981,045,000 | -15.9% | 3.4% |
| AMERICA FIRST | $602,975,000 | $800,165,000 | 32.7% | 2.7% |
| ACADEMY MORTGAGE CORPORATION | $867,375,000 | $675,800,000 | -22.1% | 2.3% |
| FIRST COLONY MORTGAGE CORPORATION | $526,410,000 | $567,725,000 | 7.8% | 1.9% |
| Wells Fargo Bank | $428,075,000 | $525,535,000 | 22.8% | 1.8% |
| CITYWIDE HOME LOANS, LLC | $656,450,000 | $489,050,000 | -25.5% | 1.7% |
| Zions Bancorporation, N.A. | $383,165,000 | $485,990,000 | 26.8% | 1.7% |
| LOANDEPOT.COM, LLC | $389,515,000 | $479,460,000 | 23.1% | 1.6% |
| CALIBER HOME LOANS, INC. | $652,845,000 | $477,495,000 | -26.9% | 1.6% |
| KeyBank | $267,410,000 | $438,445,000 | 64.0% | 1.5% |
| CANOPY MORTGAGE, LLC | $464,345,000 | $411,945,000 | -11.3% | 1.4% |
| MY MOVE MORTGAGE, LLC | $590,575,000 | $390,300,000 | -33.9% | 1.3% |
| FREEDOM MORTGAGE CORPORATION | $422,225,000 | $387,960,000 | -8.1% | 1.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $414,590,000 | $378,115,000 | -8.8% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $224,135,000 | $346,680,000 | 54.7% | 1.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $287,055,000 | $345,235,000 | 20.3% | 1.2% |
| DIRECT MORTGAGE, CORP. | $516,240,000 | $337,335,000 | -34.7% | 1.2% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $507,555,000 | $334,090,000 | -34.2% | 1.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $651,510,000 | $323,765,000 | -50.3% | 1.1% |
| WALKER & DUNLOP, LLC | $79,360,000 | $314,350,000 | 296.1% | 1.1% |
| RANLIFE, INC. | $399,505,000 | $309,650,000 | -22.5% | 1.1% |
| VERITAS FUNDING, LLC | $365,065,000 | $301,310,000 | -17.5% | 1.0% |
| University First Federal Credit Union | $424,130,000 | $292,305,000 | -31.1% | 1.0% |
| JPMorgan Chase Bank | $284,405,000 | $283,020,000 | -0.5% | 1.0% |
| BROKER SOLUTIONS, INC. | $289,985,000 | $268,825,000 | -7.3% | 0.9% |
| CYPRUS Federal Credit Union | $308,590,000 | $248,650,000 | -19.4% | 0.9% |
| U.S. Bank | $248,715,000 | $243,090,000 | -2.3% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $200,335,000 | $224,000,000 | 11.8% | 0.8% |
| BETTER MORTGAGE CORPORATION | $103,925,000 | $220,645,000 | 112.3% | 0.8% |
| GUILD MORTGAGE COMPANY | $289,745,000 | $220,365,000 | -23.9% | 0.8% |
| Washington Federal Bank | $76,570,000 | $215,270,000 | 181.1% | 0.7% |
| Network Funding, L.P. | $227,910,000 | $207,720,000 | -8.9% | 0.7% |
| GUARANTEED RATE, INC. | $195,975,000 | $184,125,000 | -6.0% | 0.6% |
| NBH Bank | $184,125,000 | $181,555,000 | -1.4% | 0.6% |
| STEARNS LENDING, LLC | $164,720,000 | $178,280,000 | 8.2% | 0.6% |
| FINANCE OF AMERICA MORTGAGE LLC | $144,605,000 | $171,715,000 | 18.7% | 0.6% |
| AMERISAVE MORTGAGE CORPORATION | $129,615,000 | $165,250,000 | 27.5% | 0.6% |
| NEWREZ LLC | $66,500,000 | $156,620,000 | 135.5% | 0.5% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $170,390,000 | $151,775,000 | -10.9% | 0.5% |
| AMWEST FUNDING CORP. | $257,075,000 | $148,585,000 | -42.2% | 0.5% |
| UMB Bank | $5,870,000 | $148,410,000 | 2,428.3% | 0.5% |
| SECURITY HOME MORTGAGE, LLC. | $226,630,000 | $146,170,000 | -35.5% | 0.5% |
| Flagstar Bank, FSB | $215,145,000 | $137,910,000 | -35.9% | 0.5% |
| CELEBRITY HOME LOANS, LLC | $305,000 | $132,655,000 | 43,393.4% | 0.5% |
| GOLDENWEST | $106,365,000 | $125,380,000 | 17.9% | 0.4% |
| Gateway First Bank | $127,650,000 | $124,045,000 | -2.8% | 0.4% |
| CASTLE & COOKE MORTGAGE, LLC | $132,140,000 | $120,900,000 | -8.5% | 0.4% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $167,940,000 | $118,650,000 | -29.3% | 0.4% |
| Citibank | $73,100,000 | $112,410,000 | 53.8% | 0.4% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $13,255,000 | $104,085,000 | 685.3% | 0.4% |
| GRANITE FEDERAL CREDIT UNION | $127,320,000 | $96,240,000 | -24.4% | 0.3% |
| SECURITY SERVICE | $75,465,000 | $94,340,000 | 25.0% | 0.3% |
| Glacier Bank | $9,045,000 | $91,040,000 | 906.5% | 0.3% |
| Utah Mortgage Loan Corporation | $146,895,000 | $85,180,000 | -42.0% | 0.3% |
| Grandbridge Real Estate Capital LLC | $85,115,000 | n/a | 0.3% | |
| LAKEVIEW LOAN SERVICING, LLC | $57,485,000 | $82,675,000 | 43.8% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $74,885,000 | $78,185,000 | 4.4% | 0.3% |
| REVERSE MORTGAGE FUNDING LLC | $39,415,000 | $77,635,000 | 97.0% | 0.3% |
| The Federal Savings Bank | $93,540,000 | $76,110,000 | -18.6% | 0.3% |
| Northpointe Bank | $121,805,000 | $76,015,000 | -37.6% | 0.3% |
| UTAH COMMUNITY | $73,340,000 | $75,815,000 | 3.4% | 0.3% |
| LOANPAL, LLC | $70,640,000 | $75,100,000 | 6.3% | 0.3% |
| Bank of Utah | $109,510,000 | $75,095,000 | -31.4% | 0.3% |
| Bank of America | $72,660,000 | $73,725,000 | 1.5% | 0.3% |
| Deseret First Credit Union | $66,175,000 | $70,600,000 | 6.7% | 0.2% |
| Chicago Mortgage Solutions LLC | $5,270,000 | $66,210,000 | 1,156.4% | 0.2% |
| S1L, Inc. | $56,635,000 | $65,610,000 | 15.8% | 0.2% |
| UTAH FIRST | $28,085,000 | $60,695,000 | 116.1% | 0.2% |
| EAGLE HOME MORTGAGE, LLC | $49,650,000 | $60,535,000 | 21.9% | 0.2% |
| M&T Realty Capital Corporation | $10,575,000 | $58,645,000 | 454.6% | 0.2% |
| AMERICAN FINANCING CORPORATION | $41,790,000 | $58,600,000 | 40.2% | 0.2% |
| DHI MORTGAGE COMPANY, LTD. | $39,775,000 | $57,060,000 | 43.5% | 0.2% |
| Mortgage Research Center, LLC | $62,620,000 | $56,705,000 | -9.4% | 0.2% |
| PANORAMA MORTGAGE GROUP, LLC | $68,100,000 | $56,700,000 | -16.7% | 0.2% |
| LENDINGONE, LLC | $56,005,000 | n/a | 0.2% | |
| Wyndham Capital Mortgage, Inc. | $34,580,000 | $53,090,000 | 53.5% | 0.2% |
| VILLAGE CAPITAL & INVESTMENT LLC | $58,030,000 | $52,975,000 | -8.7% | 0.2% |
| Morgan Stanley Private Bank | $25,585,000 | $52,970,000 | 107.0% | 0.2% |
| PHH Mortgage Corporation | $19,620,000 | $51,615,000 | 163.1% | 0.2% |
| GUARANTEED RATE AFFINITY, LLC | $30,370,000 | $50,720,000 | 67.0% | 0.2% |
| Strong Home Mortgage, LLC | $42,960,000 | $50,305,000 | 17.1% | 0.2% |
| Plains Commerce Bank | $7,900,000 | $48,730,000 | 516.8% | 0.2% |
| GREYSTONE SERVICING COMPANY LLC | $2,690,000 | $45,575,000 | 1,594.2% | 0.2% |
| AMERICAN ADVISORS GROUP | $16,950,000 | $45,565,000 | 168.8% | 0.2% |
| Ally Bank | $16,795,000 | $45,020,000 | 168.1% | 0.2% |
| HOMEAMERICAN MORTGAGE CORPORATION | $42,425,000 | $44,215,000 | 4.2% | 0.2% |
| FirstBank | $64,665,000 | $43,650,000 | -32.5% | 0.1% |
| EVERLEND MORTGAGE COMPANY | $77,880,000 | $43,315,000 | -44.4% | 0.1% |
| FINANCE OF AMERICA REVERSE LLC | $16,640,000 | $42,440,000 | 155.0% | 0.1% |
| NBKC BANK | $68,885,000 | $40,385,000 | -41.4% | 0.1% |
| VAN DYK MORTGAGE CORPORATION | $39,575,000 | $37,735,000 | -4.6% | 0.1% |
| INSPIRE HOME LOANS INC. | $31,910,000 | $37,120,000 | 16.3% | 0.1% |
| North American Savings Bank, F.S.B. | $38,370,000 | $37,060,000 | -3.4% | 0.1% |
| EVERETT FINANCIAL, INC. | $95,775,000 | $36,270,000 | -62.1% | 0.1% |
| The Loan Store, Inc. | $58,545,000 | $36,080,000 | -38.4% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $33,595,000 | $35,350,000 | 5.2% | 0.1% |
| Low VA Rates, LLC | $42,650,000 | $31,425,000 | -26.3% | 0.1% |
| Carrington Mortgage Services, LLC | $28,710,000 | $31,090,000 | 8.3% | 0.1% |
| CHERRY CREEK MORTGAGE, LLC | $35,815,000 | $30,880,000 | -13.8% | 0.1% |
| BERKELEY POINT CAPITAL LLC | $124,310,000 | $30,765,000 | -75.3% | 0.1% |
| The Huntington National Bank | $2,830,000 | $30,305,000 | 970.8% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $39,890,000 | $29,450,000 | -26.2% | 0.1% |
| Blue Ridge Bank | $35,820,000 | $28,965,000 | -19.1% | 0.1% |
| NORTHMARQ CAPITAL FINANCE, L.L.C. | $37,400,000 | $27,395,000 | -26.8% | 0.1% |
| Charles Schwab Bank, SSB | $6,980,000 | $27,050,000 | 287.5% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $122,950,000 | $26,925,000 | -78.1% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $6,975,000 | $25,975,000 | 272.4% | 0.1% |
| PNC Bank | $24,615,000 | $25,895,000 | 5.2% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $25,865,000 | n/a | 0.1% | |
| HOMESIDE FINANCIAL, LLC | $6,765,000 | $25,010,000 | 269.7% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $10,020,000 | $24,655,000 | 146.1% | 0.1% |
| TRANSWEST CREDIT UNION | $30,240,000 | $24,205,000 | -20.0% | 0.1% |
| AMERICAN FINANCIAL NETWORK, INC. | $44,365,000 | $23,955,000 | -46.0% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $25,035,000 | $23,910,000 | -4.5% | 0.1% |
| SOFI LENDING CORP. | $20,555,000 | $23,820,000 | 15.9% | 0.1% |
| WEBER STATE FEDERAL CREDIT UNION | $5,850,000 | $22,985,000 | 292.9% | 0.1% |
| First Home Bank | $62,885,000 | $22,770,000 | -63.8% | 0.1% |
| NEXERA HOLDING LLC | $28,640,000 | $22,595,000 | -21.1% | 0.1% |
| First Guaranty Mortgage Corporation | $29,785,000 | $22,570,000 | -24.2% | 0.1% |
| Utah Power | $10,730,000 | $22,000,000 | 105.0% | 0.1% |
| LENDSURE MORTGAGE CORP. | $1,840,000 | $21,550,000 | 1,071.2% | 0.1% |
| NEST HOME LENDING, LLC | $25,155,000 | $20,880,000 | -17.0% | 0.1% |
| KELLER MORTGAGE, LLC | $41,005,000 | $20,050,000 | -51.1% | 0.1% |
| Hercules First Federal Credit Union | $19,410,000 | $19,955,000 | 2.8% | 0.1% |
| Cache Valley Bank | $12,025,000 | $19,480,000 | 62.0% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $13,820,000 | $19,200,000 | 38.9% | 0.1% |
| SWBC MORTGAGE CORPORATION | $31,870,000 | $18,875,000 | -40.8% | 0.1% |
| Fortis Private Bank | $50,050,000 | $18,845,000 | -62.3% | 0.1% |
| AMERICAN INTERNET MORTGAGE, INC. | $20,960,000 | $18,565,000 | -11.4% | 0.1% |
| Citizens Bank | $30,070,000 | $18,425,000 | -38.7% | 0.1% |
| BLUE BRICK FINANCIAL LLC | $6,090,000 | $18,370,000 | 201.6% | 0.1% |
| Bank of the West | $15,245,000 | $18,005,000 | 18.1% | 0.1% |
| OCMBC, INC. | $5,795,000 | $17,995,000 | 210.5% | 0.1% |
| Truist Bank | $21,675,000 | $17,840,000 | -17.7% | 0.1% |
| CMG MORTGAGE, INC. | $14,540,000 | $17,220,000 | 18.4% | 0.1% |
| PARKSIDE LENDING, LLC | $45,985,000 | $17,060,000 | -62.9% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $5,785,000 | $17,000,000 | 193.9% | 0.1% |
| SourceOne Financial, Inc. | $8,465,000 | $16,815,000 | 98.6% | 0.1% |
| Citadel Servicing Corporation | $5,250,000 | $16,710,000 | 218.3% | 0.1% |
| USAA Federal Savings Bank | $35,840,000 | $16,300,000 | -54.5% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $11,095,000 | $16,245,000 | 46.4% | 0.1% |
| LEADERONE FINANCIAL CORPORATION | $29,490,000 | $15,955,000 | -45.9% | 0.1% |
| Bank of England | $13,220,000 | $15,375,000 | 16.3% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $7,575,000 | $15,130,000 | 99.7% | 0.1% |
| First Republic Bank | $2,790,000 | $14,610,000 | 423.7% | 0.0% |
| SUN AMERICAN MORTGAGE COMPANY | $14,920,000 | $13,970,000 | -6.4% | 0.0% |
| Central Bank | $13,860,000 | $13,835,000 | -0.2% | 0.0% |
| Nations Lending Corporation | $13,550,000 | $13,585,000 | 0.3% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $1,545,000 | $13,385,000 | 766.3% | 0.0% |
| UNITED SECURITY FINANCIAL CORP | $42,755,000 | $13,275,000 | -69.0% | 0.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $34,600,000 | $12,895,000 | -62.7% | 0.0% |
| Watermark Capital, Inc. | $10,625,000 | $12,075,000 | 13.6% | 0.0% |
| AMERICAN UNITED FAMILY OF CREDIT UN | $8,840,000 | $12,065,000 | 36.5% | 0.0% |
| HomeStreet Bank | $49,335,000 | $12,015,000 | -75.6% | 0.0% |
| Jordan Federal Credit Union | $25,985,000 | $11,600,000 | -55.4% | 0.0% |
| TCF National Bank | $20,105,000 | $11,515,000 | -42.7% | 0.0% |
| UBS Bank USA | $9,620,000 | $11,400,000 | 18.5% | 0.0% |
| MOUNTAIN WEST FINANCIAL, INC. | $26,930,000 | $11,050,000 | -59.0% | 0.0% |
| CHARTWAY FEDERAL CREDIT UNION | $4,125,000 | $10,455,000 | 153.5% | 0.0% |
| AXIA FINANCIAL, LLC | $15,605,000 | $10,415,000 | -33.3% | 0.0% |
| Barrington Bank & Trust Company, N.A. | $22,945,000 | $10,270,000 | -55.2% | 0.0% |
| Rock Canyon Bank | $15,135,000 | $10,235,000 | -32.4% | 0.0% |
| BNC National Bank | $28,125,000 | $10,020,000 | -64.4% | 0.0% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $11,760,000 | $9,800,000 | -16.7% | 0.0% |
| Commerce Home Mortgage, Inc. | $2,905,000 | $9,725,000 | 234.8% | 0.0% |
| TBI MORTGAGE COMPANY | $7,310,000 | $9,655,000 | 32.1% | 0.0% |
| GUARANTY HOME MORTGAGE CORPORATION | $16,840,000 | $9,160,000 | -45.6% | 0.0% |
| TIAA, FSB | $29,120,000 | $9,090,000 | -68.8% | 0.0% |
| MORIA DEVELOPMENT, INC. | $27,660,000 | $8,845,000 | -68.0% | 0.0% |
| Baxter Credit Union | $6,815,000 | $8,755,000 | 28.5% | 0.0% |
| Axos Bank | $7,960,000 | $8,400,000 | 5.5% | 0.0% |
| Austin Capital Bank SSB | $3,240,000 | $8,380,000 | 158.6% | 0.0% |
| First Federal Bank | $7,440,000 | $8,155,000 | 9.6% | 0.0% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $38,970,000 | $8,135,000 | -79.1% | 0.0% |
| Hometown Equity Mortgage, LLC | $1,965,000 | $7,940,000 | 304.1% | 0.0% |
| Stifel Bank and Trust | $5,755,000 | $7,895,000 | 37.2% | 0.0% |
| Arvest Bank | $7,025,000 | $7,850,000 | 11.7% | 0.0% |
| Magnolia Bank | $10,370,000 | $7,795,000 | -24.8% | 0.0% |
| ALLIANT CREDIT UNION | $7,235,000 | $7,745,000 | 7.0% | 0.0% |
| Fifth Third Bank | $2,220,000 | $7,730,000 | 248.2% | 0.0% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $25,175,000 | $7,625,000 | -69.7% | 0.0% |
| OAKTREE FUNDING CORP. | $10,035,000 | $7,620,000 | -24.1% | 0.0% |
| IMPAC MORTGAGE CORP. | $2,140,000 | $7,600,000 | 255.1% | 0.0% |
| BELEM SERVICING LLC | $10,815,000 | $7,195,000 | -33.5% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $4,675,000 | $7,130,000 | 52.5% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $9,310,000 | $7,030,000 | -24.5% | 0.0% |
| Triumph Bank | $10,465,000 | $6,765,000 | -35.4% | 0.0% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $6,740,000 | n/a | 0.0% | |
| Discover Bank | $4,295,000 | $6,350,000 | 47.8% | 0.0% |
| Amerifirst Financial, Inc. | $5,395,000 | $6,320,000 | 17.1% | 0.0% |
| Alaska USA Federal Credit Union | $4,250,000 | $6,305,000 | 48.4% | 0.0% |
| BAY EQUITY LLC | $8,875,000 | $6,235,000 | -29.7% | 0.0% |
| Banner Bank | $29,120,000 | $6,095,000 | -79.1% | 0.0% |
| Silicon Valley Bank | $11,560,000 | $6,085,000 | -47.4% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $5,400,000 | $5,950,000 | 10.2% | 0.0% |
| BNY Mellon | $940,000 | $5,910,000 | 528.7% | 0.0% |
| Manufacturers and Traders Trust Company | $2,440,000 | $5,380,000 | 120.5% | 0.0% |
| HighTechLending Inc | $3,315,000 | $5,240,000 | 58.1% | 0.0% |
| First National Bank of America | $3,540,000 | $5,155,000 | 45.6% | 0.0% |
| CIT Bank | $5,050,000 | $5,110,000 | 1.2% | 0.0% |
| Raymond James Bank | $3,585,000 | $5,055,000 | 41.0% | 0.0% |
| Florida Capital Bank | $4,915,000 | $4,940,000 | 0.5% | 0.0% |
| DATA MORTGAGE, INC. | $6,260,000 | $4,860,000 | -22.4% | 0.0% |
| SRE MORTGAGE ALLIANCE INC. | $13,210,000 | $4,855,000 | -63.2% | 0.0% |
| JMAC LENDING, INC. | $4,775,000 | $4,800,000 | 0.5% | 0.0% |
| CHURCHILL MORTGAGE CORPORATION | $245,000 | $4,665,000 | 1,804.1% | 0.0% |
| First Savings Bank | $8,620,000 | $4,470,000 | -48.1% | 0.0% |
| Farmers Bank & Trust | $1,520,000 | $4,440,000 | 192.1% | 0.0% |
| 21ST MORTGAGE CORPORATION | $2,430,000 | $4,255,000 | 75.1% | 0.0% |
| PINNACLE LENDING GROUP, INC. | $4,185,000 | n/a | 0.0% | |
| The Central Trust Bank | $4,065,000 | n/a | 0.0% | |
| CIVIC FINANCIAL SERVICES, LLC | $4,760,000 | $3,955,000 | -16.9% | 0.0% |
| KS StateBank | $7,300,000 | $3,875,000 | -46.9% | 0.0% |
| City National Bank | $2,815,000 | $3,710,000 | 31.8% | 0.0% |
| SIRVA MORTGAGE, INC. | $2,555,000 | $3,650,000 | 42.9% | 0.0% |
| EMBRACE HOME LOANS, INC. | $8,665,000 | $3,610,000 | -58.3% | 0.0% |
| MORTGAGEONE, INC. | $2,085,000 | $3,555,000 | 70.5% | 0.0% |
| QUORUM FEDERAL CREDIT UNION | $4,840,000 | $3,520,000 | -27.3% | 0.0% |
| PREMIA MORTGAGE, LLC | $2,325,000 | $3,510,000 | 51.0% | 0.0% |
| CHEVRON | $4,285,000 | $3,485,000 | -18.7% | 0.0% |
| GEORGIA'S OWN | $3,485,000 | n/a | 0.0% | |
| BENCH EQUITY L.L.C. | $3,075,000 | $3,465,000 | 12.7% | 0.0% |
| A&D Mortgage LLC | $4,415,000 | $3,390,000 | -23.2% | 0.0% |
| First Internet Bank of Indiana | $5,390,000 | $3,375,000 | -37.4% | 0.0% |
| Goldman Sachs Bank USA | $6,850,000 | $3,365,000 | -50.9% | 0.0% |
| Quontic Bank | $3,360,000 | n/a | 0.0% | |
| DELTA COMMUNITY CREDIT UNION | $2,215,000 | $3,290,000 | 48.5% | 0.0% |
| OPEN MORTGAGE, LLC | $910,000 | $3,275,000 | 259.9% | 0.0% |
| HOMESTEAD FUNDING CORP. | $2,770,000 | $3,265,000 | 17.9% | 0.0% |
| The Northern Trust Company | $2,015,000 | $3,245,000 | 61.0% | 0.0% |
| Waterstone Mortgage Corporation | $1,375,000 | $3,205,000 | 133.1% | 0.0% |
| Devon Bank | $2,190,000 | $3,150,000 | 43.8% | 0.0% |
| Paramount Bank | $1,260,000 | $3,095,000 | 145.6% | 0.0% |
| FINANCE OF AMERICA COMMERCIAL LLC | $2,995,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $2,245,000 | $2,945,000 | 31.2% | 0.0% |
| Meridian Bank Corporation | $2,775,000 | $2,835,000 | 2.2% | 0.0% |
| HomeTrust Bank | $2,760,000 | n/a | 0.0% | |
| Texana Bank | $4,475,000 | $2,755,000 | -38.4% | 0.0% |
| Capital Bank | $4,305,000 | $2,700,000 | -37.3% | 0.0% |
| DRAPER AND KRAMER MORTGAGE CORP. | $2,210,000 | $2,695,000 | 21.9% | 0.0% |
| J. VIRGIL, INC. | $2,970,000 | $2,650,000 | -10.8% | 0.0% |
| LENDUS, LLC | $2,645,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $715,000 | $2,590,000 | 262.2% | 0.0% |
| OCEANSIDE MORTGAGE COMPANY | $4,650,000 | $2,545,000 | -45.3% | 0.0% |
| ZILLOW HOME LOANS, LLC | $1,880,000 | $2,505,000 | 33.2% | 0.0% |
| Goldwater Bank, N.A. | $3,525,000 | $2,485,000 | -29.5% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $2,245,000 | $2,425,000 | 8.0% | 0.0% |
| Umpqua Bank | $2,335,000 | n/a | 0.0% | |
| Mortgage Bank of California | $2,290,000 | n/a | 0.0% | |
| Alerus Financial | $2,235,000 | n/a | 0.0% | |
| ARC HOME LLC | $9,435,000 | $2,200,000 | -76.7% | 0.0% |
| Willamette Valley Bank | $1,150,000 | $2,195,000 | 90.9% | 0.0% |
| BM Real Estate Services, Inc. | $1,275,000 | $2,190,000 | 71.8% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $950,000 | $2,180,000 | 129.5% | 0.0% |
| BECKAM FUNDING CORP. | $5,155,000 | $2,160,000 | -58.1% | 0.0% |
| BMO Harris Bank | $1,005,000 | $2,115,000 | 110.4% | 0.0% |
| Regions Bank | $500,000 | $2,090,000 | 318.0% | 0.0% |
| WESTERN EXPRESS LENDING | $2,045,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $6,045,000 | $2,040,000 | -66.3% | 0.0% |
| FIRST TECHNOLOGY | $850,000 | $2,030,000 | 138.8% | 0.0% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $3,785,000 | $2,000,000 | -47.2% | 0.0% |
| BOKF | $11,335,000 | $1,995,000 | -82.4% | 0.0% |
| Equity Prime Mortgage LLC | $550,000 | $1,955,000 | 255.5% | 0.0% |
| LOANLEADERS OF AMERICA, INC. | $2,865,000 | $1,930,000 | -32.6% | 0.0% |
| American Airlines Federal Credit Union | $1,300,000 | $1,905,000 | 46.5% | 0.0% |
| Sierra Pacific Mortgage Company, Inc. | $1,910,000 | $1,810,000 | -5.2% | 0.0% |
| Toyota Financial Savings Bank | $4,080,000 | $1,765,000 | -56.7% | 0.0% |
| Mid-Continent Funding, Inc. | $1,395,000 | $1,625,000 | 16.5% | 0.0% |
| NP, Inc. | $1,610,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $13,535,000 | $1,555,000 | -88.5% | 0.0% |
| Midwest BankCentre | $640,000 | $1,540,000 | 140.6% | 0.0% |
| Cf Bank | $7,665,000 | $1,510,000 | -80.3% | 0.0% |
| CBRE MULTIFAMILY CAPITAL, INC. | $140,990,000 | $1,485,000 | -98.9% | 0.0% |
| Amalgamated Bank | $740,000 | $1,470,000 | 98.6% | 0.0% |
| DEEPHAVEN MORTGAGE LLC | $455,000 | $1,470,000 | 223.1% | 0.0% |
| 5TH STREET CAPITAL, INC. | $445,000 | $1,460,000 | 228.1% | 0.0% |
| V.I.P. MORTGAGE, INC. | $830,000 | $1,455,000 | 75.3% | 0.0% |
| JMJ FINANCIAL GROUP | $2,300,000 | $1,410,000 | -38.7% | 0.0% |
| Sunflower Bank | $1,625,000 | $1,380,000 | -15.1% | 0.0% |
| ATHAS CAPITAL GROUP, INC. | $1,820,000 | $1,360,000 | -25.3% | 0.0% |
| SPRING EQ, LLC | $1,325,000 | n/a | 0.0% | |
| D. L. Evans Bank | $2,260,000 | $1,320,000 | -41.6% | 0.0% |
| UNIVERSITY LENDING GROUP, LLC | $1,260,000 | n/a | 0.0% | |
| DOMINION FINANCIAL SERVICES, LLC | $1,255,000 | n/a | 0.0% | |
| SUMMIT FUNDING, INC. | $975,000 | $1,250,000 | 28.2% | 0.0% |
| FUNDLOANS CAPITAL | $1,240,000 | n/a | 0.0% | |
| PLANET HOME LENDING, LLC | $890,000 | $1,220,000 | 37.1% | 0.0% |
| AmeriHome Mortgage Company, LLC | $850,000 | $1,210,000 | 42.4% | 0.0% |
| Bremer Bank | $1,205,000 | n/a | 0.0% | |
| READYCAP COMMERCIAL, LLC | $1,205,000 | n/a | 0.0% | |
| Ixonia Bank | $1,200,000 | n/a | 0.0% | |
| MORTGAGE MANAGEMENT CONSULTANTS, INC. | $1,455,000 | $1,195,000 | -17.9% | 0.0% |
| ALL WESTERN MORTGAGE, INC. | $275,000 | $1,180,000 | 329.1% | 0.0% |
| The Bank of Commerce | $1,165,000 | n/a | 0.0% | |
| Great Southern Bank | $1,200,000 | $1,105,000 | -7.9% | 0.0% |
| The Union Bank Company | $1,030,000 | $1,100,000 | 6.8% | 0.0% |
| Grand Valley Bank | $355,000 | $1,085,000 | 205.6% | 0.0% |
| Old National Bank | $1,050,000 | n/a | 0.0% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $1,915,000 | $970,000 | -49.3% | 0.0% |
| NFM, INC. | $305,000 | $970,000 | 218.0% | 0.0% |
| ADVANTAGE PLUS | $1,250,000 | $965,000 | -22.8% | 0.0% |
| MICHIGAN MUTUAL, INC. | $1,485,000 | $955,000 | -35.7% | 0.0% |
| Luxury Mortgage Corp. | $2,360,000 | $910,000 | -61.4% | 0.0% |
| Wasatch Peaks Federal Credit Union | $1,930,000 | $895,000 | -53.6% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $340,000 | $880,000 | 158.8% | 0.0% |
| InterContinental Capital Group, Inc | $400,000 | $860,000 | 115.0% | 0.0% |
| First Federal Bank of Kansas City | $2,030,000 | $845,000 | -58.4% | 0.0% |
| DIGITAL Federal Credit Union | $290,000 | $815,000 | 181.0% | 0.0% |
| First Western Trust Bank | $285,000 | $805,000 | 182.5% | 0.0% |
| Ameris Bank | $285,000 | $800,000 | 180.7% | 0.0% |
| Prosperity Home Mortgage, LLC | $1,775,000 | $780,000 | -56.1% | 0.0% |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $770,000 | n/a | 0.0% | |
| UNIFY FINANCIAL Credit Union | $790,000 | $765,000 | -3.2% | 0.0% |
| Flanagan State Bank | $755,000 | n/a | 0.0% | |
| Presidential Bank, FSB | $285,000 | $745,000 | 161.4% | 0.0% |
| NATIONS DIRECT MORTGAGE, LLC | $2,055,000 | $720,000 | -65.0% | 0.0% |
| TEXAS TECH | $720,000 | n/a | 0.0% | |
| ON Q FINANCIAL, INC. | $2,725,000 | $710,000 | -73.9% | 0.0% |
| Elements Financial Federal Credit Union | $705,000 | n/a | 0.0% | |
| IDAHO CENTRAL | $1,205,000 | $695,000 | -42.3% | 0.0% |
| Bank-Fund Staff Federal Credit Union | $485,000 | $685,000 | 41.2% | 0.0% |
| CRESCENT MORTGAGE COMPANY | $980,000 | $675,000 | -31.1% | 0.0% |
| CIBC Bank USA | $765,000 | $665,000 | -13.1% | 0.0% |
| INTERNATIONAL CITY MORTGAGE, INC. | $665,000 | n/a | 0.0% | |
| ALAMEDA MORTGAGE CORPORATION | $660,000 | n/a | 0.0% | |
| Renasant Bank | $1,320,000 | $660,000 | -50.0% | 0.0% |
| Peoples Bank | $570,000 | $650,000 | 14.0% | 0.0% |
| City Bank | $640,000 | n/a | 0.0% | |
| Hometown Lenders, Inc. | $1,500,000 | $625,000 | -58.3% | 0.0% |
| Midwest Community Bank | $605,000 | n/a | 0.0% | |
| The Fountain Trust Company | $605,000 | n/a | 0.0% | |
| HAMILTON HOME LOANS, INC. | $1,055,000 | $600,000 | -43.1% | 0.0% |
| United Community Bank | $600,000 | n/a | 0.0% | |
| UNIVERSAL LENDING CORPORATION | $565,000 | n/a | 0.0% | |
| BLUELEAF LENDING, LLC | $735,000 | $545,000 | -25.9% | 0.0% |
| First Horizon Bank | $55,000 | $545,000 | 890.9% | 0.0% |
| First National Bank of Omaha | $540,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $860,000 | $540,000 | -37.2% | 0.0% |
| KINECTA | $1,000,000 | $525,000 | -47.5% | 0.0% |
| Summit Mortgage Corporation | $525,000 | n/a | 0.0% | |
| CORTRUST MORTGAGE, INC. | $445,000 | $505,000 | 13.5% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,170,000 | $500,000 | -57.3% | 0.0% |
| National Exchange Bank and Trust | $495,000 | n/a | 0.0% | |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $285,000 | $495,000 | 73.7% | 0.0% |
| BEEHIVE | $885,000 | $490,000 | -44.6% | 0.0% |
| Alpine Credit Union | $730,000 | $470,000 | -35.6% | 0.0% |
| GSF Mortgage Corporation | $465,000 | n/a | 0.0% | |
| AmRes Corporation | $365,000 | $445,000 | 21.9% | 0.0% |
| First United Bank | $445,000 | n/a | 0.0% | |
| Lake Area Bank | $445,000 | n/a | 0.0% | |
| Victorian Finance, LLC | $445,000 | n/a | 0.0% | |
| NORTHROP GRUMMAN Federal Credit Union | $135,000 | $430,000 | 218.5% | 0.0% |
| Bethpage Federal Credit Union | $95,000 | $420,000 | 342.1% | 0.0% |
| Eagle Bank and Trust Company | $570,000 | $415,000 | -27.2% | 0.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $410,000 | n/a | 0.0% | |
| Chain Bridge Bank | $405,000 | n/a | 0.0% | |
| Operating Engineers Local Union #3 | $795,000 | $390,000 | -50.9% | 0.0% |
| Colonial Savings, F.A. | $1,640,000 | $385,000 | -76.5% | 0.0% |
| GMFS LLC | $5,215,000 | $375,000 | -92.8% | 0.0% |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $375,000 | n/a | 0.0% | |
| Neighborhood Loans, Inc. | $375,000 | n/a | 0.0% | |
| DIGNIFIED HOME LOANS, LLC | $1,190,000 | $370,000 | -68.9% | 0.0% |
| DIRECTORS MORTGAGE, INC. | $22,135,000 | $365,000 | -98.4% | 0.0% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $560,000 | $355,000 | -36.6% | 0.0% |
| SouthStar Bank, S.S.B. | $355,000 | n/a | 0.0% | |
| Great Plains National Bank | $185,000 | $335,000 | 81.1% | 0.0% |
| Northwest Federal Credit Union | $335,000 | n/a | 0.0% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $325,000 | n/a | 0.0% | |
| State Bank of Southern Utah | $1,180,000 | $325,000 | -72.5% | 0.0% |
| Alliance Bank Central Texas | $305,000 | n/a | 0.0% | |
| Firefighters First Federal Credit Union | $305,000 | n/a | 0.0% | |
| Nicolet National Bank | $305,000 | n/a | 0.0% | |
| Bank of Whittier | $640,000 | $295,000 | -53.9% | 0.0% |
| Western State Bank | $295,000 | n/a | 0.0% | |
| RMS & Associates | $285,000 | n/a | 0.0% | |
| MidFirst Bank | $65,000 | $275,000 | 323.1% | 0.0% |
| NexBank | $245,000 | $275,000 | 12.2% | 0.0% |
| State Department Federal Credit Union | $800,000 | $275,000 | -65.6% | 0.0% |
| DIRECT LENDERS, LLC | $435,000 | $265,000 | -39.1% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $525,000 | $265,000 | -49.5% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $245,000 | n/a | 0.0% | |
| The First National Bank of Ottawa | $245,000 | n/a | 0.0% | |
| Chickasaw Community Bank | $295,000 | $225,000 | -23.7% | 0.0% |
| Community First National Bank | $690,000 | $225,000 | -67.4% | 0.0% |
| EAST IDAHO Credit Union | $225,000 | n/a | 0.0% | |
| HIWAY | $225,000 | n/a | 0.0% | |
| First-Citizens Bank & Trust Company | $205,000 | n/a | 0.0% | |
| Republic Bank & Trust Company | $2,110,000 | $205,000 | -90.3% | 0.0% |
| THRIVE MORTGAGE, LLC | $205,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $1,380,000 | $200,000 | -85.5% | 0.0% |
| Deere Employees Credit Union | $990,000 | $195,000 | -80.3% | 0.0% |
| MANN FINANCIAL INC. | $1,610,000 | $195,000 | -87.9% | 0.0% |
| Pinnacle Bank | $480,000 | $195,000 | -59.4% | 0.0% |
| STAR ONE CREDIT UNION | $185,000 | $195,000 | 5.4% | 0.0% |
| Veritex Community Bank | $195,000 | n/a | 0.0% | |
| LIMA ONE CAPITAL, LLC | $185,000 | n/a | 0.0% | |
| Armed Forces Bank | $355,000 | $175,000 | -50.7% | 0.0% |
| First Midwest Bank | $175,000 | n/a | 0.0% | |
| Liberty Savings Bank, F.S.B. | $175,000 | n/a | 0.0% | |
| FIRST COMMUNITY MORTGAGE, INC. | $1,065,000 | $165,000 | -84.5% | 0.0% |
| Providence Bank | $165,000 | n/a | 0.0% | |
| AMCAP MORTGAGE, LTD. | $2,255,000 | $155,000 | -93.1% | 0.0% |
| Northwest Farm Credit Services, FLCA | $2,130,000 | $145,000 | -93.2% | 0.0% |
| Washington Trust Bank | $780,000 | $115,000 | -85.3% | 0.0% |
| US MORTGAGE CORPORATION | $65,000 | n/a | 0.0% | |
| DUPACO COMMUNITY | $55,000 | n/a | 0.0% | |
| STAR USA FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| HORIZON UTAH Federal Credit Union | $25,000 | n/a | 0.0% |
SALT LAKE CITY's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 13.3% market share. In second place, with 6.1%, is QUICKEN LOANS, LLC, having originated $1,796,705,000 in loans. In third place, with 5.6%, is INTERCAP LENDING INC., having originated $1,622,895,000 in loans. In third place, with 3.8%, is MOUNTAIN AMERICA, having originated $1,118,010,000 in loans. In third place, with 3.7%, is HOME POINT FINANCIAL CORPORATION, having originated $1,067,380,000 in loans.
SALT LAKE CITY, UT Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 32,260 | $9,906,240,000 | $307,075 |
| Cash Out Refi | 24,682 | $8,103,220,000 | $328,305 |
| Home Purchase | 23,191 | $9,977,975,000 | $430,252 |
| Home Improvement | 6,176 | $695,430,000 | $112,602 |
| Other | 3,762 | $556,830,000 | $148,014 |
| NA | 2 | $1,520,000 | $760,000 |
Salt Lake City's most frequently cited loan purpose was Refi, with 32,260 originations. The 2nd most popular reason was Cash Out Refi, with 24,682 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 36,596 | $12,960,420,000 | $354,149 |
| 3-4% | 29,299 | $10,147,895,000 | $346,356 |
| <2.5% | 16,665 | $5,033,185,000 | $302,021 |
| 4-5% | 4,604 | $677,680,000 | $147,194 |
| 5-6% | 1,728 | $175,220,000 | $101,400 |
| Over 8% | 469 | $44,245,000 | $94,339 |
| 6-7% | 454 | $55,890,000 | $123,106 |
| 7-8% | 187 | $19,995,000 | $106,925 |
During 2021, Salt Lake City's most frequently originated rate bucket was 2.5-3%, with 36,596 originations.
Loan Sizing (SALT LAKE CITY, UT MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 44,548 | $13,200,490,000 | $296,321 |
| $400k-600k | 17,659 | $8,410,745,000 | $476,287 |
| $100k-200k | 14,228 | $2,175,840,000 | $152,927 |
| $100,000 or less | 9,406 | $486,710,000 | $51,745 |
| $600k-1000k | 3,413 | $2,392,875,000 | $701,106 |
| $Over $1MM | 819 | $2,574,555,000 | $3,143,535 |
SALT LAKE CITY's loan sizing saw the bucket of loans from $200k-400k with 44,548 originations, totaling $13,200,490,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 30,273 | $11,802,195,000 | $389,859 |
| 80-100% | 19,295 | $7,817,215,000 | $405,142 |
| 40-60% | 18,974 | $6,304,360,000 | $332,263 |
| 20-40% | 9,972 | $1,859,580,000 | $186,480 |
| Under 20% | 9,465 | $645,615,000 | $68,211 |
| Over 100% | 296 | $208,020,000 | $702,770 |
SALT LAKE CITY's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 30,273 originations, totaling $11,802,195,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - SALT LAKE CITY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $392,475 (7.8%) | $561,298 (2.3%) | 1.45 | 2,029 |
| 2018-02-01 | $399,000 (6.4%) | $584,031 (3.4%) | 1.44 | 1,834 |
| 2018-03-01 | $410,000 (3.3%) | $600,750 (2.6%) | 1.42 | 1,784 |
| 2018-04-01 | $429,400 (7.4%) | $606,814 (2.4%) | 1.44 | 1,960 |
| 2018-05-01 | $430,000 (7.7%) | $608,646 (5.4%) | 1.43 | 2,149 |
| 2018-06-01 | $429,500 (7.5%) | $607,550 (6.7%) | 1.43 | 2,407 |
| 2018-07-01 | $425,450 (6.7%) | $604,747 (9.0%) | 1.42 | 2,552 |
| 2018-08-01 | $409,950 (5.1%) | $581,549 (8.3%) | 1.37 | 2,898 |
| 2018-09-01 | $409,900 (6.5%) | $574,365 (10.3%) | 1.37 | 3,045 |
| 2018-10-01 | $399,925 (5.1%) | $563,295 (9.5%) | 1.34 | 3,251 |
| 2018-11-01 | $399,900 (6.4%) | $561,276 (10.3%) | 1.34 | 3,133 |
| 2018-12-01 | $399,990 (5.3%) | $564,075 (8.7%) | 1.37 | 2,770 |
| 2019-01-01 | $400,000 (1.9%) | $563,799 (0.5%) | 1.38 | 2,474 |
| 2019-02-01 | $414,950 (4.0%) | $578,464 (-1.0%) | 1.39 | 2,267 |
| 2019-03-01 | $433,900 (5.8%) | $596,098 (-0.8%) | 1.41 | 2,202 |
| 2019-04-01 | $449,900 (4.8%) | $602,579 (-0.7%) | 1.42 | 2,233 |
| 2019-05-01 | $459,500 (6.9%) | $605,125 (-0.6%) | 1.42 | 2,513 |
| 2019-06-01 | $450,000 (4.8%) | $599,669 (-1.3%) | 1.39 | 2,672 |
| 2019-07-01 | $444,950 (4.6%) | $591,631 (-2.2%) | 1.38 | 2,724 |
| 2019-08-01 | $428,514 (4.5%) | $567,378 (-2.4%) | 1.35 | 3,274 |
| 2019-09-01 | $416,014 (1.5%) | $553,643 (-3.6%) | 1.32 | 3,362 |
| 2019-10-01 | $429,900 (7.5%) | $583,496 (3.6%) | 1.37 | 2,653 |
| 2019-11-01 | $439,000 (9.8%) | $610,415 (8.8%) | 1.42 | 2,315 |
| 2019-12-01 | $449,995 (12.5%) | $637,788 (13.1%) | 1.50 | 1,833 |
| 2020-01-01 | $457,000 (14.3%) | $666,648 (18.2%) | 1.52 | 1,513 |
| 2020-02-01 | $489,900 (18.1%) | $713,353 (23.3%) | 1.58 | 1,280 |
| 2020-03-01 | $487,450 (12.3%) | $704,333 (18.2%) | 1.52 | 1,439 |
| 2020-04-01 | $450,000 (0.0%) | $629,926 (4.5%) | 1.40 | 2,034 |
| 2020-05-01 | $469,900 (2.3%) | $634,521 (4.9%) | 1.42 | 1,984 |
| 2020-06-01 | $489,950 (8.9%) | $676,513 (12.8%) | 1.43 | 1,733 |
| 2020-07-01 | $499,995 (12.4%) | $704,489 (19.1%) | 1.43 | 1,546 |
| 2020-08-01 | $490,000 (14.4%) | $715,685 (26.1%) | 1.40 | 1,508 |
| 2020-09-01 | $480,950 (15.6%) | $721,897 (30.4%) | 1.37 | 1,407 |
| 2020-10-01 | $490,000 (14.0%) | $745,753 (27.8%) | 1.40 | 1,306 |
| 2020-11-01 | $514,950 (17.3%) | $820,602 (34.4%) | 1.47 | 1,061 |
| 2020-12-01 | $555,945 (23.5%) | $896,630 (40.6%) | 1.63 | 823 |
| 2021-01-01 | $599,000 (31.1%) | $975,097 (46.3%) | 1.76 | 595 |
| 2021-02-01 | $597,000 (21.9%) | $951,227 (33.4%) | 1.72 | 504 |
| 2021-03-01 | $539,950 (10.8%) | $894,558 (27.0%) | 1.51 | 606 |
| 2021-04-01 | $552,500 (22.8%) | $892,005 (41.6%) | 1.48 | 641 |
| 2021-05-01 | $579,000 (23.2%) | $825,245 (30.1%) | 1.52 | 697 |
| 2021-06-01 | $567,950 (15.9%) | $808,296 (19.5%) | 1.48 | 864 |
| 2021-07-01 | $563,000 (12.6%) | $799,485 (13.5%) | 1.46 | 1,061 |
| 2021-08-01 | $572,000 (16.7%) | $779,713 (9.0%) | 1.50 | 1,218 |
| 2021-09-01 | $547,500 (13.8%) | $762,410 (5.6%) | 1.44 | 1,322 |
| 2021-10-01 | $540,000 (10.2%) | $755,781 (1.3%) | 1.42 | 1,268 |
| 2021-11-01 | $554,900 (7.8%) | $771,016 (-6.0%) | 1.46 | 985 |
| 2021-12-01 | $557,900 (0.4%) | $764,993 (-14.7%) | 1.49 | 600 |
| 2022-01-01 | $550,000 (-8.2%) | $755,222 (-22.6%) | 1.47 | 444 |
| 2022-02-01 | $550,000 (-7.9%) | $780,149 (-18.0%) | 1.40 | 432 |
| 2022-03-01 | $582,000 (7.8%) | $790,485 (-11.6%) | 1.44 | 526 |
| 2022-04-01 | $625,000 (13.1%) | $794,152 (-11.0%) | 1.47 | 706 |
SALT LAKE CITY's median listing price for 2022-04-01 was $625,000, a difference of
$72,500
(13.1%) versus the prior year and
$43,000 versus the prior month.
SALT LAKE CITY's median listing price comes in at 147% of the national average.
SALT LAKE CITY's average listing price for 2022-04-01 was $794,152, a difference of $-97,853 (-11.0%) versus the prior year and $3,667 versus the prior month.
For the 2022-04-01 period, SALT LAKE CITY had 706 MLS listings, a difference of 180 listings (34%) versus the prior month and 65 listings (10%) versus the prior year.
SALT LAKE CITY's median listing price comes in at 147% of the national average.
SALT LAKE CITY's average listing price for 2022-04-01 was $794,152, a difference of $-97,853 (-11.0%) versus the prior year and $3,667 versus the prior month.
For the 2022-04-01 period, SALT LAKE CITY had 706 MLS listings, a difference of 180 listings (34%) versus the prior month and 65 listings (10%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - SALT LAKE CITY (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 55 days | 2,849 sqft |
| 2018-02-01 | 45 days | 2,888 sqft |
| 2018-03-01 | 36 days | 3,030 sqft |
| 2018-04-01 | 30 days | 3,062 sqft |
| 2018-05-01 | 29 days | 3,063 sqft |
| 2018-06-01 | 30 days | 3,024 sqft |
| 2018-07-01 | 32 days | 2,955 sqft |
| 2018-08-01 | 31 days | 2,788 sqft |
| 2018-09-01 | 36 days | 2,746 sqft |
| 2018-10-01 | 37 days | 2,671 sqft |
| 2018-11-01 | 44 days | 2,664 sqft |
| 2018-12-01 | 54 days | 2,725 sqft |
| 2019-01-01 | 60 days | 2,721 sqft |
| 2019-02-01 | 54 days | 2,801 sqft |
| 2019-03-01 | 44 days | 2,897 sqft |
| 2019-04-01 | 36 days | 2,988 sqft |
| 2019-05-01 | 32 days | 2,981 sqft |
| 2019-06-01 | 36 days | 2,924 sqft |
| 2019-07-01 | 38 days | 2,866 sqft |
| 2019-08-01 | 42 days | 2,747 sqft |
| 2019-09-01 | 49 days | 2,629 sqft |
| 2019-10-01 | 39 days | 2,668 sqft |
| 2019-11-01 | 45 days | 2,700 sqft |
| 2019-12-01 | 60 days | 2,785 sqft |
| 2020-01-01 | 66 days | 2,858 sqft |
| 2020-02-01 | 55 days | 3,010 sqft |
| 2020-03-01 | 29 days | 2,897 sqft |
| 2020-04-01 | 27 days | 2,720 sqft |
| 2020-05-01 | 36 days | 2,654 sqft |
| 2020-06-01 | 38 days | 2,654 sqft |
| 2020-07-01 | 37 days | 2,644 sqft |
| 2020-08-01 | 30 days | 2,564 sqft |
| 2020-09-01 | 32 days | 2,429 sqft |
| 2020-10-01 | 30 days | 2,422 sqft |
| 2020-11-01 | 35 days | 2,464 sqft |
| 2020-12-01 | 43 days | 2,603 sqft |
| 2021-01-01 | 43 days | 2,615 sqft |
| 2021-02-01 | 21 days | 2,564 sqft |
| 2021-03-01 | 11 days | 2,385 sqft |
| 2021-04-01 | 10 days | 2,374 sqft |
| 2021-05-01 | 8 days | 2,413 sqft |
| 2021-06-01 | 11 days | 2,450 sqft |
| 2021-07-01 | 16 days | 2,460 sqft |
| 2021-08-01 | 20 days | 2,459 sqft |
| 2021-09-01 | 22 days | 2,402 sqft |
| 2021-10-01 | 24 days | 2,402 sqft |
| 2021-11-01 | 28 days | 2,405 sqft |
| 2021-12-01 | 38 days | 2,423 sqft |
| 2022-01-01 | 40 days | 2,400 sqft |
| 2022-02-01 | 27 days | 2,319 sqft |
| 2022-03-01 | 25 days | 2,349 sqft |
| 2022-04-01 | 21 days | 2,422 sqft |
SALT LAKE CITY's median listing age (time on market) for 2022-04-01 was 21 days.
This
is 110%
longer
than the same period one year ago.
SALT LAKE CITY's median square footage for active listings during the 2022-04-01 period was 2,422 sqft. One year prior, the average listing was 2,374 sqft.
SALT LAKE CITY's median square footage for active listings during the 2022-04-01 period was 2,422 sqft. One year prior, the average listing was 2,374 sqft.
