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
3.1%
for the week of 2021-11-24, compared to the national average of
3.1% for the same period.
The average rate for the prior week (2021-11-18) was
3.3% and
one month ago for the week of 2021-10-21, the
average rate was 2.99%.
Salt Lake City's average rate one year ago was 2.62%.
For refis of the same type during the week of 2021-11-24, the average rate
was 3.21%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2021-11-24 | 3.1% |
| Salt Lake City 30 Year Fixed Rate | 2021-11-24 | 3.1% |
| Salt Lake City 30 Year Fixed Rate Refi | 2021-11-24 | 3.21% |
| Salt Lake City 15 Year Fixed Rate | 2021-11-24 | 3% |
| Salt Lake City 15 Year Fixed Rate Refi | 2021-11-24 | 2.58% |
| Salt Lake City 30 Year FHA | 2021-11-24 | 3.49% |
| Salt Lake City 30 Year FHA Refi | 2021-11-24 | 3.24% |
| Salt Lake City 30 Year USDA | 2021-11-24 | 3.34% |
| Salt Lake City 30 Year USDA Refi | 2021-11-24 | 3.39% |
| Salt Lake City 30 Year VA | 2021-11-24 | 3.28% |
| Salt Lake City 30 Year VA Refi | 2021-11-24 | 2.81% |
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 331 lenders originated 102,032
loans during 2020. The total origination value was $30,161,520,000, with an average loan value of
$295,608.
The top SALT LAKE CITY lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
8,312 loans originated. Their average total fees are
$4,773, which is $727
higher than the next largest lender,
INTERCAP LENDING INC..
The lowest fee SALT LAKE CITY lenders (with over 10 loans originated) are
HOMEAMERICAN MORTGAGE CORPORATION ($233), CHERRY CREEK MORTGAGE, LLC ($946), FIRST CHOICE LOAN SERVICES INC. ($1,374), SUN WEST MORTGAGE COMPANY, INC. ($1,427) and Strong Home Mortgage, LLC ($1,508).
The lowest rate SALT LAKE CITY lenders (with over 10 loans originated) are
UNITED SECURITY FINANCIAL CORP (2.86%), HOMEAMERICAN MORTGAGE CORPORATION (2.88%), AMERISAVE MORTGAGE CORPORATION (2.90%), North American Savings Bank, F.S.B. (2.91%) and BLUE BRICK FINANCIAL LLC (2.91%).
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 | 2019 Loan Value | 2020 Loan Value | % Change | 2020 Market Share |
|---|---|---|---|---|
| United Shore Financial Services LLC | $2,112,420,000 | $3,546,510,000 | 67.9% | 11.8% |
| Quicken Loans | $1,145,240,000 | $2,060,220,000 | 79.9% | 6.8% |
| Intercap Lending Inc | $771,205,000 | $1,912,940,000 | 148.0% | 6.3% |
| SecurityNational Mortgage Company | $563,730,000 | $1,165,900,000 | 106.8% | 3.9% |
| Mountain America Credit Union | $666,975,000 | $1,149,960,000 | 72.4% | 3.8% |
| Academy Mortgage Corporation | $442,920,000 | $867,375,000 | 95.8% | 2.9% |
| Citywide Home Loans A Utah Corporation | $506,310,000 | $656,450,000 | 29.7% | 2.2% |
| Caliber Home Loans Inc | $422,755,000 | $652,845,000 | 54.4% | 2.2% |
| Provident Funding Associates | $549,060,000 | $651,510,000 | 18.7% | 2.2% |
| America First Federal Credit Union | $476,085,000 | $602,975,000 | 26.7% | 2.0% |
| My Move Mortgage LLC dba Momentum Loans | $301,795,000 | $590,575,000 | 95.7% | 2.0% |
| First Colony Mortgage Corporation | $355,520,000 | $526,410,000 | 48.1% | 1.7% |
| DIRECT MORTGAGE CORP | $236,550,000 | $516,240,000 | 118.2% | 1.7% |
| Home Point Financial Corporation | $107,890,000 | $513,390,000 | 375.8% | 1.7% |
| FAIRWAY INDEPENDENT MORT CORP | $264,580,000 | $507,555,000 | 91.8% | 1.7% |
| Nudge Funding LLC | $464,345,000 | n/a | 1.5% | |
| WELLS FARGO BANK NA | $390,570,000 | $428,075,000 | 9.6% | 1.4% |
| University First Federal Credit Union | $199,820,000 | $424,130,000 | 112.3% | 1.4% |
| Freedom Mortgage Corporation | $161,665,000 | $422,225,000 | 161.2% | 1.4% |
| Cardinal Financial Company LP | $104,445,000 | $414,590,000 | 296.9% | 1.4% |
| RANLife, Inc. | $205,710,000 | $399,505,000 | 94.2% | 1.3% |
| loanDepot LLC | $174,305,000 | $389,515,000 | 123.5% | 1.3% |
| ZB, N.A. | $356,585,000 | $383,165,000 | 7.5% | 1.3% |
| Veritas Funding LLC | $258,320,000 | $365,065,000 | 41.3% | 1.2% |
| Cyprus Credit Union | $145,270,000 | $308,590,000 | 112.4% | 1.0% |
| New American Funding (dba for Broker Solutions Inc) | $171,465,000 | $289,985,000 | 69.1% | 1.0% |
| Guild Mortgage Company | $156,790,000 | $289,745,000 | 84.8% | 1.0% |
| JPMorgan Chase Bank, NA | $242,665,000 | $284,405,000 | 17.2% | 0.9% |
| KeyBank National Association | $435,965,000 | $267,410,000 | -38.7% | 0.9% |
| AmWest Funding Corp. | $56,175,000 | $257,075,000 | 357.6% | 0.9% |
| US BANK, N.A. | $229,595,000 | $248,715,000 | 8.3% | 0.8% |
| NETWORK FUNDING, L.P. | $109,460,000 | $227,910,000 | 108.2% | 0.8% |
| Security Home Mortgage | $97,205,000 | $226,630,000 | 133.1% | 0.8% |
| PENNYMAC LOAN SERVICES LLC | $120,770,000 | $224,135,000 | 85.6% | 0.7% |
| Flagstar Bank | $128,685,000 | $215,145,000 | 67.2% | 0.7% |
| Nationstar Mortgage | $132,280,000 | $200,335,000 | 51.4% | 0.7% |
| Guaranteed Rate Inc. | $121,635,000 | $195,975,000 | 61.1% | 0.6% |
| NBH Bank | $132,050,000 | $184,125,000 | 39.4% | 0.6% |
| American Pacific Mortgage Corporation | $118,010,000 | $170,390,000 | 44.4% | 0.6% |
| Primary Residential Mortgage Inc. | $78,120,000 | $167,940,000 | 115.0% | 0.6% |
| Stearns Lending | $119,575,000 | $164,720,000 | 37.8% | 0.5% |
| Berkadia Commercial Mortgage | $16,075,000 | $160,715,000 | 899.8% | 0.5% |
| Utah Mortgage Loan Corporation | $83,690,000 | $146,895,000 | 75.5% | 0.5% |
| Graystone Mortgage LLC | $103,495,000 | $145,360,000 | 40.5% | 0.5% |
| Finance of America Mortgage LLC | $83,420,000 | $144,605,000 | 73.3% | 0.5% |
| CBRE Multifamily Capital, Inc. | $39,005,000 | $140,990,000 | 261.5% | 0.5% |
| Castle & Cooke Mortgage LLC | $81,500,000 | $132,140,000 | 62.1% | 0.4% |
| Amerisave Mortgage Corporation | $37,615,000 | $129,615,000 | 244.6% | 0.4% |
| GATEWAY MORTGAGE GROUP | $51,805,000 | $127,650,000 | 146.4% | 0.4% |
| Granite Federal Credit Union | $69,935,000 | $127,320,000 | 82.1% | 0.4% |
| Berkeley Point Capital, LLC | $124,310,000 | n/a | 0.4% | |
| CalCon Mutual Mortgage LLC | $108,985,000 | $122,950,000 | 12.8% | 0.4% |
| Northpointe Bank | $41,785,000 | $121,805,000 | 191.5% | 0.4% |
| Bank of Utah | $50,520,000 | $109,510,000 | 116.8% | 0.4% |
| Goldenwest Credit Union | $60,860,000 | $106,365,000 | 74.8% | 0.4% |
| Better Mortgage Corporation | $1,255,000 | $103,925,000 | 8,180.9% | 0.3% |
| Supreme Lending/ Everett Financial Inc. | $38,140,000 | $95,775,000 | 151.1% | 0.3% |
| The Federal Savings Bank | $51,190,000 | $93,540,000 | 82.7% | 0.3% |
| WALKER & DUNLOP, LLC | $50,595,000 | $79,360,000 | 56.9% | 0.3% |
| EverLEND Mortgage Company | $36,570,000 | $77,880,000 | 113.0% | 0.3% |
| Washington Federal | $47,645,000 | $76,570,000 | 60.7% | 0.3% |
| Security Service Federal Credit Union | $53,130,000 | $75,465,000 | 42.0% | 0.3% |
| PRIMELENDING | $44,760,000 | $74,885,000 | 67.3% | 0.2% |
| Utah Community Credit Union | $43,865,000 | $73,340,000 | 67.2% | 0.2% |
| Citibank, N.A. | $10,590,000 | $73,100,000 | 590.3% | 0.2% |
| Bank of America NA | $70,000,000 | $72,660,000 | 3.8% | 0.2% |
| LoanPal | $28,010,000 | $70,640,000 | 152.2% | 0.2% |
| NBKC Bank | $56,025,000 | $68,885,000 | 23.0% | 0.2% |
| Alterra Group LLC dba Alterra Home Loans | $11,145,000 | $68,100,000 | 511.0% | 0.2% |
| NEWREZ LLC | $30,895,000 | $66,500,000 | 115.2% | 0.2% |
| Deseret First Credit Union | $42,590,000 | $65,830,000 | 54.6% | 0.2% |
| PEOPLE'S INTERMOUNTAIN BANK | $22,380,000 | $65,090,000 | 190.8% | 0.2% |
| FirstBank | $28,460,000 | $64,665,000 | 127.2% | 0.2% |
| First Home Bank | $1,460,000 | $62,885,000 | 4,207.2% | 0.2% |
| Mortgage Research Center LLC | $33,085,000 | $62,620,000 | 89.3% | 0.2% |
| Ethos Lending LLC | $10,785,000 | $58,080,000 | 438.5% | 0.2% |
| Village Capital & Investment | $10,665,000 | $58,030,000 | 444.1% | 0.2% |
| Lakeview Loan Servicing, LLC | $21,620,000 | $57,485,000 | 165.9% | 0.2% |
| Fortis Private Bank | $37,045,000 | $50,050,000 | 35.1% | 0.2% |
| Eagle Home Mortgage, LLC | $31,565,000 | $49,650,000 | 57.3% | 0.2% |
| HomeStreet Bank | $3,650,000 | $49,335,000 | 1,251.6% | 0.2% |
| Parkside Lending LLC | $26,680,000 | $45,985,000 | 72.4% | 0.2% |
| American Financial Network Inc. | $45,360,000 | $44,365,000 | -2.2% | 0.1% |
| United Security Financial | $14,880,000 | $42,755,000 | 187.3% | 0.1% |
| Low VA Rates | $10,125,000 | $42,650,000 | 321.2% | 0.1% |
| HomeAmerican Mortgage Corp. | $32,295,000 | $42,425,000 | 31.4% | 0.1% |
| American Financing Corporation | $22,170,000 | $41,790,000 | 88.5% | 0.1% |
| Keller Mortgage LLC | $11,465,000 | $41,005,000 | 257.7% | 0.1% |
| Sun West Mortgage Company Inc. | $9,880,000 | $39,890,000 | 303.7% | 0.1% |
| DHI Mortgage Company Limited | $61,420,000 | $39,775,000 | -35.2% | 0.1% |
| VanDyk Mortgage Corporation | $12,490,000 | $39,575,000 | 216.9% | 0.1% |
| Reverse Mortgage Funding LLC | $13,270,000 | $39,415,000 | 197.0% | 0.1% |
| Synergy One Lending | $64,015,000 | $38,970,000 | -39.1% | 0.1% |
| North American Savings Bank | $8,730,000 | $38,370,000 | 339.5% | 0.1% |
| NorthMarq Capital Finance, L.L.C. | $39,760,000 | $37,400,000 | -5.9% | 0.1% |
| USAA FEDERAL SAVINGS BANK | $59,785,000 | $35,840,000 | -40.1% | 0.1% |
| Blue Ridge Bank, NA | $1,180,000 | $35,820,000 | 2,935.6% | 0.1% |
| Cherry Creek Mortgage Co. Inc. | $11,240,000 | $35,815,000 | 218.6% | 0.1% |
| HomeBridge Financial Services, Inc. | $4,660,000 | $34,600,000 | 642.5% | 0.1% |
| Wyndham Capital Mortgage | $8,145,000 | $34,580,000 | 324.6% | 0.1% |
| CORNERSTONE HOME LENDING, INC. | $64,425,000 | $33,595,000 | -47.9% | 0.1% |
| Inspire Home Loans | $28,745,000 | $31,910,000 | 11.0% | 0.1% |
| SWBC Mortgage Corporation | $18,445,000 | $31,870,000 | 72.8% | 0.1% |
| Guaranteed Rate Affinity LLC | $14,880,000 | $30,370,000 | 104.1% | 0.1% |
| Transwest Credit Union | $14,090,000 | $30,240,000 | 114.6% | 0.1% |
| CBNA | $20,410,000 | $30,070,000 | 47.3% | 0.1% |
| First Guaranty Mortgage Corporation | $6,205,000 | $29,785,000 | 380.0% | 0.1% |
| LeaderOne Financial Corp. | $6,250,000 | $29,490,000 | 371.8% | 0.1% |
| Banner Bank | $19,125,000 | $29,120,000 | 52.3% | 0.1% |
| TIAA, FSB | $39,020,000 | $29,120,000 | -25.4% | 0.1% |
| CARRINGTON MORTGAGE SERVICES | $32,525,000 | $28,710,000 | -11.7% | 0.1% |
| Nexera Holding LLC | $16,095,000 | $28,640,000 | 77.9% | 0.1% |
| BNC NATIONAL BANK | $7,865,000 | $28,125,000 | 257.6% | 0.1% |
| Utah First Credit Union | $28,805,000 | $28,085,000 | -2.5% | 0.1% |
| Peoples Mortgage Company | $14,265,000 | $27,660,000 | 93.9% | 0.1% |
| Dougherty Mortgage, LLC | $45,725,000 | $27,465,000 | -39.9% | 0.1% |
| Mountain West Financial Inc. | $2,200,000 | $26,930,000 | 1,124.1% | 0.1% |
| Jordan Credit Union | $11,270,000 | $25,985,000 | 130.6% | 0.1% |
| Morgan Stanley Private Bank NA | $21,600,000 | $25,585,000 | 18.4% | 0.1% |
| CITY 1ST MORTGAGE SERVICES, LC | $15,735,000 | $25,175,000 | 60.0% | 0.1% |
| NAVY FEDERAL CREDIT UNION | $28,515,000 | $25,035,000 | -12.2% | 0.1% |
| PNC BANK NA | $77,135,000 | $24,615,000 | -68.1% | 0.1% |
| Barrington Bank & Trust | $14,140,000 | $22,945,000 | 62.3% | 0.1% |
| Directors Mortgage, Inc. | $730,000 | $22,135,000 | 2,932.2% | 0.1% |
| Branch Banking And Trust Co | $14,620,000 | $21,675,000 | 48.3% | 0.1% |
| AimLoan.com | $12,675,000 | $20,960,000 | 65.4% | 0.1% |
| SoFi Lending Corp | $11,490,000 | $20,555,000 | 78.9% | 0.1% |
| TCF National Bank | $21,710,000 | $20,105,000 | -7.4% | 0.1% |
| PHH MORTGAGE CORPORATION | $2,550,000 | $19,620,000 | 669.4% | 0.1% |
| Hercules First Federal Credit Union | $4,135,000 | $19,410,000 | 369.4% | 0.1% |
| AAG | $8,850,000 | $16,950,000 | 91.5% | 0.1% |
| Guaranty Trust Company | $1,875,000 | $16,840,000 | 798.1% | 0.1% |
| Finance of America Reverse LLC | $6,615,000 | $16,640,000 | 151.5% | 0.1% |
| Axia Financial LLC | $13,940,000 | $15,605,000 | 11.9% | 0.1% |
| BANK OF THE WEST | $16,460,000 | $15,245,000 | -7.4% | 0.1% |
| Rock Canyon Bank | $5,270,000 | $15,135,000 | 187.2% | 0.1% |
| Sun American Mortgage Company | $5,190,000 | $14,920,000 | 187.5% | 0.0% |
| CMG Mortgage Inc. | $7,245,000 | $14,540,000 | 100.7% | 0.0% |
| Central Bank | $3,550,000 | $13,860,000 | 290.4% | 0.0% |
| Angel Oak Mortgage Solutions | $6,590,000 | $13,820,000 | 109.7% | 0.0% |
| Nations Lending Corporation | $4,185,000 | $13,550,000 | 223.8% | 0.0% |
| American Financial Resources Inc. | $5,100,000 | $13,535,000 | 165.4% | 0.0% |
| Jones Lang LaSalle Multifamily | $13,255,000 | n/a | 0.0% | |
| Bank of England | $11,280,000 | $13,220,000 | 17.2% | 0.0% |
| AKT American Capital Inc | $13,210,000 | n/a | 0.0% | |
| Greystone Funding Corporation | $12,645,000 | n/a | 0.0% | |
| Cache Valley Bank | $5,080,000 | $12,025,000 | 136.7% | 0.0% |
| Lenox Financial Mortgage Corp. | $4,010,000 | $11,760,000 | 193.3% | 0.0% |
| Silicon Valley Bank | $7,335,000 | $11,560,000 | 57.6% | 0.0% |
| BOKF NA | $7,325,000 | $11,335,000 | 54.7% | 0.0% |
| Prudential Multifamily Mortgage, LLC. | $11,215,000 | n/a | 0.0% | |
| Paramount Residential Mortgage Group Inc. | $13,705,000 | $11,095,000 | -19.0% | 0.0% |
| Belem Servicing, LLC dba Patriot Home Mortgage | $2,585,000 | $10,815,000 | 318.4% | 0.0% |
| Utah Power Credit Union | $11,665,000 | $10,730,000 | -8.0% | 0.0% |
| Watermark Home Loans | $10,530,000 | $10,625,000 | 0.9% | 0.0% |
| M&T REALTY CAPITAL CORPORATION | $32,635,000 | $10,575,000 | -67.6% | 0.0% |
| Triumph Bank | $7,810,000 | $10,465,000 | 34.0% | 0.0% |
| Magnolia Bank Incorporated | $7,355,000 | $10,370,000 | 41.0% | 0.0% |
| Oaktree Funding Corporation | $3,075,000 | $10,035,000 | 226.3% | 0.0% |
| Longbridge Financial, LLC | $930,000 | $10,020,000 | 977.4% | 0.0% |
| UBS Bank USA | $8,410,000 | $9,620,000 | 14.4% | 0.0% |
| WEI Mortgage LLC | $935,000 | $9,435,000 | 909.1% | 0.0% |
| Plaza Home Mortgage Inc. | $3,100,000 | $9,310,000 | 200.3% | 0.0% |
| Glacier Bank | $8,150,000 | $9,045,000 | 11.0% | 0.0% |
| Arbor Realty Trust Inc | $11,930,000 | $9,025,000 | -24.4% | 0.0% |
| Bay Equity LLC | $4,930,000 | $8,875,000 | 80.0% | 0.0% |
| American United FCU | $12,450,000 | $8,840,000 | -29.0% | 0.0% |
| Embrace Home Loans, Inc. | $5,270,000 | $8,665,000 | 64.4% | 0.0% |
| First Savings Bank | $9,235,000 | $8,620,000 | -6.7% | 0.0% |
| SourceOne Financial, Inc. | $14,080,000 | $8,465,000 | -39.9% | 0.0% |
| Axos Bank | $2,745,000 | $7,960,000 | 190.0% | 0.0% |
| Plains Commerce Bank | $7,900,000 | n/a | 0.0% | |
| Cf Bank National Association | $2,000,000 | $7,665,000 | 283.3% | 0.0% |
| Pentagon Federal Credit Union | $5,860,000 | $7,575,000 | 29.3% | 0.0% |
| TBI Mortgage Company | $485,000 | $7,310,000 | 1,407.2% | 0.0% |
| KS StateBank | $5,295,000 | $7,300,000 | 37.9% | 0.0% |
| Alliant Credit Union | $1,600,000 | $7,235,000 | 352.2% | 0.0% |
| ARVEST BANK | $5,025,000 | $7,025,000 | 39.8% | 0.0% |
| Charles Schwab Bank | $8,040,000 | $6,980,000 | -13.2% | 0.0% |
| MOVEMENT MORTGAGE, LLC | $7,650,000 | $6,975,000 | -8.8% | 0.0% |
| Goldman Sachs Bank USA | $12,320,000 | $6,850,000 | -44.4% | 0.0% |
| Baxter Credit Union | $6,060,000 | $6,815,000 | 12.5% | 0.0% |
| Homeside Financial LLC | $6,765,000 | n/a | 0.0% | |
| First Choice Loan Services Inc. | $15,060,000 | $6,735,000 | -55.3% | 0.0% |
| Essex Mortgage | $5,565,000 | $6,260,000 | 12.5% | 0.0% |
| Evolve Bank & Trust | $1,325,000 | $6,045,000 | 356.2% | 0.0% |
| UMB BANK NA | $1,065,000 | $5,870,000 | 451.2% | 0.0% |
| Weber State Credit Union | $1,585,000 | $5,850,000 | 269.1% | 0.0% |
| OCMBC Inc. | $2,805,000 | $5,795,000 | 106.6% | 0.0% |
| Sovereign Lending Group, Inc | $3,195,000 | $5,785,000 | 81.1% | 0.0% |
| Megastar Financial Corporation | $16,860,000 | $5,775,000 | -65.7% | 0.0% |
| Stifel Bank and Trust | $6,440,000 | $5,755,000 | -10.6% | 0.0% |
| Land Home Financial Services Inc. | $3,060,000 | $5,400,000 | 76.5% | 0.0% |
| Amerifirst Financial Inc. | $3,680,000 | $5,395,000 | 46.6% | 0.0% |
| First Internet Bank | $8,140,000 | $5,390,000 | -33.8% | 0.0% |
| Citadel Servicing Corporation | $10,255,000 | $5,250,000 | -48.8% | 0.0% |
| GMFS LLC | $5,215,000 | n/a | 0.0% | |
| Beckham Funding Corp | $5,155,000 | n/a | 0.0% | |
| CIT BANK N.A. | $10,150,000 | $5,050,000 | -50.2% | 0.0% |
| Florida Capital Bank National Association | $2,855,000 | $4,915,000 | 72.2% | 0.0% |
| Quorum Federal Credit Union | $2,445,000 | $4,840,000 | 98.0% | 0.0% |
| JMAC Lending Incorporated | $3,740,000 | $4,775,000 | 27.7% | 0.0% |
| Civic Financial Services | $3,550,000 | $4,760,000 | 34.1% | 0.0% |
| Mid America Mortgage Inc. | $2,745,000 | $4,675,000 | 70.3% | 0.0% |
| Oceanside Mortgage Company | $3,865,000 | $4,650,000 | 20.3% | 0.0% |
| Texana Bank, N.A. | $185,000 | $4,475,000 | 2,318.9% | 0.0% |
| A&D Mortgage LLC | $4,415,000 | n/a | 0.0% | |
| CAPITAL BANK, NA | $4,305,000 | n/a | 0.0% | |
| Discover Bank | $5,155,000 | $4,295,000 | -16.7% | 0.0% |
| Chevron Federal Credit Union | $5,820,000 | $4,285,000 | -26.4% | 0.0% |
| Alaska USA Federal Credit Union | $4,250,000 | n/a | 0.0% | |
| Chartway Federal Credit Unon | $17,110,000 | $4,125,000 | -75.9% | 0.0% |
| Toyota Financial Savings Bank | $4,080,000 | n/a | 0.0% | |
| Xceed Financial Credit Union | $4,410,000 | $3,975,000 | -9.9% | 0.0% |
| Ark-La-Tex Financial Services LLC | $3,785,000 | n/a | 0.0% | |
| Raymond James Bank National Association | $1,450,000 | $3,585,000 | 147.2% | 0.0% |
| FIRST NATIONAL BANK OF AMERICA | $9,110,000 | $3,540,000 | -61.1% | 0.0% |
| Goldwater Bank National Association | $1,035,000 | $3,525,000 | 240.6% | 0.0% |
| HighTechLending Inc. | $2,435,000 | $3,315,000 | 36.1% | 0.0% |
| Bay Valley Mortgage Group DBA Pacific Bay Lending Group | $3,260,000 | n/a | 0.0% | |
| AUSTIN CAPITAL BANK SSB | $490,000 | $3,240,000 | 561.2% | 0.0% |
| Bench Equity, LLC | $3,005,000 | $3,075,000 | 2.3% | 0.0% |
| Cason Home Loans | $7,925,000 | $2,970,000 | -62.5% | 0.0% |
| Commerce Home Mortgage Inc. | $11,135,000 | $2,905,000 | -73.9% | 0.0% |
| Huntington National Bank | $1,120,000 | $2,830,000 | 152.7% | 0.0% |
| City National Bank | $2,815,000 | n/a | 0.0% | |
| FIRST REPUBLIC BANK | $11,230,000 | $2,790,000 | -75.2% | 0.0% |
| Meridian Bank | $995,000 | $2,775,000 | 178.9% | 0.0% |
| Homestead Funding Corp. | $2,770,000 | n/a | 0.0% | |
| Liberty Home Equity Solutions, Inc. | $11,570,000 | $2,745,000 | -76.3% | 0.0% |
| On Q Financial Inc. | $3,260,000 | $2,725,000 | -16.4% | 0.0% |
| Wintrust Bank | $2,705,000 | n/a | 0.0% | |
| Greystone Servicing Corporation, Inc. | $2,690,000 | n/a | 0.0% | |
| Semper Home Loans, Inc | $265,000 | $2,680,000 | 911.3% | 0.0% |
| Sirva Mortgage Inc. | $1,245,000 | $2,555,000 | 105.2% | 0.0% |
| M&T Bank | $18,585,000 | $2,440,000 | -86.9% | 0.0% |
| 21ST MORTGAGE | $1,225,000 | $2,430,000 | 98.4% | 0.0% |
| Luxury Mortgage Corp. | $2,360,000 | n/a | 0.0% | |
| Premia Mortgage, LLC | $1,690,000 | $2,325,000 | 37.6% | 0.0% |
| JMJ Financial Group Inc. | $1,435,000 | $2,300,000 | 60.3% | 0.0% |
| D. L. Evans Bank | $2,260,000 | n/a | 0.0% | |
| Amcap Mortgage Ltd. | $620,000 | $2,255,000 | 263.7% | 0.0% |
| Geneva Financial LLC | $375,000 | $2,245,000 | 498.7% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC | $435,000 | $2,245,000 | 416.1% | 0.0% |
| Fifth Third Bank | $4,305,000 | $2,220,000 | -48.4% | 0.0% |
| Delta Community Credit Union | $4,575,000 | $2,215,000 | -51.6% | 0.0% |
| Draper and Kramer Mortgage Corp. | $2,210,000 | n/a | 0.0% | |
| DEVON BANK | $305,000 | $2,190,000 | 618.0% | 0.0% |
| IBERIABANK | $2,150,000 | n/a | 0.0% | |
| Impac Mortgage Corp. dba CashCall Mortgage | $4,380,000 | $2,140,000 | -51.1% | 0.0% |
| Northwest Farm Credit Services, FLCA | $455,000 | $2,130,000 | 368.1% | 0.0% |
| Connexus Credit Union | $35,000 | $2,125,000 | 5,971.4% | 0.0% |
| Republic Bank & Trust Company | $835,000 | $2,110,000 | 152.7% | 0.0% |
| Nations Direct Mortgage LLC | $2,055,000 | n/a | 0.0% | |
| First Federal Bank of Kansas City | $1,635,000 | $2,030,000 | 24.2% | 0.0% |
| The Northern Trust Company | $665,000 | $2,015,000 | 203.0% | 0.0% |
| Hometown Equity Mortgage LLC | $165,000 | $1,965,000 | 1,090.9% | 0.0% |
| Wasatch Peaks Federal Credit Union | $1,195,000 | $1,930,000 | 61.5% | 0.0% |
| American Neighborhood Mortgage dba AnnieMac Home Mortgage | $1,990,000 | $1,915,000 | -3.8% | 0.0% |
| Sierra Pacific Mortgage | $1,000,000 | $1,910,000 | 91.0% | 0.0% |
| Mortgage Lenders of America LLC | $1,880,000 | n/a | 0.0% | |
| LendSure Mortgage Corp | $4,875,000 | $1,840,000 | -62.3% | 0.0% |
| Athas Capital Group | $2,770,000 | $1,820,000 | -34.3% | 0.0% |
| James B. Nutter & Company | $1,045,000 | $1,820,000 | 74.2% | 0.0% |
| Stanford Federal Credit Union | $1,790,000 | n/a | 0.0% | |
| Prosperity Home Mortgage LLC | $1,775,000 | n/a | 0.0% | |
| Colonial Savings | $960,000 | $1,640,000 | 70.8% | 0.0% |
| Sunflower Bank, N.A. | $1,280,000 | $1,625,000 | 27.0% | 0.0% |
| Mann Mortgage LLC | $1,485,000 | $1,610,000 | 8.4% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $3,620,000 | $1,545,000 | -57.3% | 0.0% |
| Farmers Bank & Trust | $1,520,000 | n/a | 0.0% | |
| Hometown Lenders LLC | $365,000 | $1,500,000 | 311.0% | 0.0% |
| EagleBank | $1,490,000 | n/a | 0.0% | |
| Michigan Mutual, Inc. DBA MiMutual Mortgage | $540,000 | $1,485,000 | 175.0% | 0.0% |
| Mortgage Management Consultants, Inc. | $1,455,000 | n/a | 0.0% | |
| Prime Mortgage Lending Inc. | $1,425,000 | $1,425,000 | 0.0% | 0.0% |
| Mid-Continent Funding, Inc. | $810,000 | $1,395,000 | 72.2% | 0.0% |
| United States Senate Federal Credit Union | $1,380,000 | n/a | 0.0% | |
| Waterstone Mortgage Corp | $2,460,000 | $1,375,000 | -44.1% | 0.0% |
| RENASANT BANK | $3,065,000 | $1,320,000 | -56.9% | 0.0% |
| RED MORTGAGE CAPITAL, LLC | $1,315,000 | n/a | 0.0% | |
| BM REAL ESTATE SERVICES, INC. | $1,275,000 | n/a | 0.0% | |
| Paramount Bank | $255,000 | $1,260,000 | 394.1% | 0.0% |
| Advantage Plus FCU | $580,000 | $1,250,000 | 115.5% | 0.0% |
| Evansville Teachers Federal Credit Union | $1,220,000 | n/a | 0.0% | |
| Idaho Central Credit Union | $430,000 | $1,205,000 | 180.2% | 0.0% |
| Great Southern Bank | $1,200,000 | n/a | 0.0% | |
| Dignified Home Loans, LLC | $345,000 | $1,190,000 | 244.9% | 0.0% |
| State Bank of Southern Utah | $865,000 | $1,180,000 | 36.4% | 0.0% |
| Mortgage Solutions of Colorado LLC | $305,000 | $1,170,000 | 283.6% | 0.0% |
| Willamette Valley Bank | $305,000 | $1,150,000 | 277.0% | 0.0% |
| First Community Mortgage Inc. | $1,065,000 | n/a | 0.0% | |
| Hamilton Group Funding Inc. | $1,055,000 | n/a | 0.0% | |
| The Union Bank Company | $580,000 | $1,030,000 | 77.6% | 0.0% |
| BMO Harris Bank N.A. | $1,005,000 | n/a | 0.0% | |
| KINECTA FEDERAL CREDIT UNION | $800,000 | $1,000,000 | 25.0% | 0.0% |
| Advancial Federal Credit Union | $1,965,000 | $995,000 | -49.4% | 0.0% |
| Deere Employees Credit Union | $605,000 | $990,000 | 63.6% | 0.0% |
| Black Hills Federal Credit Union | $985,000 | n/a | 0.0% | |
| Crescent Mortgage Company | $1,090,000 | $980,000 | -10.1% | 0.0% |
| Summit Funding Inc. | $885,000 | $975,000 | 10.2% | 0.0% |
| HSBC BANK USA, NA | $930,000 | $950,000 | 2.2% | 0.0% |
| BNY MELLON, N.A. | $1,510,000 | $940,000 | -37.7% | 0.0% |
| KeyPoint Credit Union | $925,000 | n/a | 0.0% | |
| Open Mortgage LLC | $1,230,000 | $910,000 | -26.0% | 0.0% |
| Planet Home Lending LLC | $890,000 | n/a | 0.0% | |
| Beehive Federal Credit Union | $635,000 | $885,000 | 39.4% | 0.0% |
| Congressional Federal Credit Union | $475,000 | $870,000 | 83.2% | 0.0% |
| RBC Bank (Georgia), N.A. | $2,005,000 | $860,000 | -57.1% | 0.0% |
| AmeriHomeMortgageCompany,LL | $325,000 | $850,000 | 161.5% | 0.0% |
| First Technology Credit Union | $980,000 | $850,000 | -13.3% | 0.0% |
| FortuneBank | $845,000 | n/a | 0.0% | |
| First Option Mortgage LLC | $2,145,000 | $830,000 | -61.3% | 0.0% |
| V.I.P. Mortgage Inc. | $815,000 | $830,000 | 1.8% | 0.0% |
| State Department Federal Credit Union | $590,000 | $800,000 | 35.6% | 0.0% |
| Operating Engineers Federal Credit Union | $855,000 | $795,000 | -7.0% | 0.0% |
| UNIFY Financial Credit Union | $950,000 | $790,000 | -16.8% | 0.0% |
| Washington Trust Bank | $255,000 | $780,000 | 205.9% | 0.0% |
| CIBC Bank USA | $910,000 | $765,000 | -15.9% | 0.0% |
| Amalgamated Bank | $4,330,000 | $740,000 | -82.9% | 0.0% |
| BLUELEAF LENDING, LLC | $275,000 | $735,000 | 167.3% | 0.0% |
| Alpine Credit Union | $1,185,000 | $730,000 | -38.4% | 0.0% |
| Bank Of Springfield | $155,000 | $690,000 | 345.2% | 0.0% |
| Community First National Bank | $475,000 | $690,000 | 45.3% | 0.0% |
| Truity Credit Union | $670,000 | n/a | 0.0% | |
| Bank of Whittier, Na | $640,000 | n/a | 0.0% | |
| Midwest BankCentre | $245,000 | $640,000 | 161.2% | 0.0% |
| Union Home Mortgage Company | $600,000 | n/a | 0.0% | |
| BankVista | $575,000 | n/a | 0.0% | |
| Eagle Bank and Trust Company | $570,000 | n/a | 0.0% | |
| Peoples Bank | $520,000 | $570,000 | 9.6% | 0.0% |
| Farmers Insurance Group Federal Credit Union | $965,000 | $560,000 | -42.0% | 0.0% |
| Equity Prime Mortgage LLC | $320,000 | $550,000 | 71.9% | 0.0% |
| Frontier Bank | $525,000 | n/a | 0.0% | |
| Triad Financial Services Inc | $365,000 | $525,000 | 43.8% | 0.0% |
| Midwest Loan Services Inc | $520,000 | $520,000 | 0.0% | 0.0% |
| REGIONS BANK | $500,000 | n/a | 0.0% | |
| JEFFERSON BANK OF MISSOURI | $495,000 | n/a | 0.0% | |
| Bank-Fund Staff Federal Credit Union | $115,000 | $485,000 | 321.7% | 0.0% |
| Pinnacle Bank | $305,000 | $480,000 | 57.4% | 0.0% |
| FIRST STATE BANK | $475,000 | n/a | 0.0% | |
| Hanscom Federal Credit Union | $450,000 | n/a | 0.0% | |
| 5th Street Capital, Inc. | $530,000 | $445,000 | -16.0% | 0.0% |
| CorTrust Bank National Association | $445,000 | n/a | 0.0% | |
| Direct Lenders, LLC. | $435,000 | n/a | 0.0% | |
| Atlantic Bay Mortgage Group LLC | $19,850,000 | $430,000 | -97.8% | 0.0% |
| Best Capital Funding | $415,000 | n/a | 0.0% | |
| Citizens Equity First Credit Union (CEFCU) | $335,000 | $415,000 | 23.9% | 0.0% |
| Inland Bank and Trust | $415,000 | n/a | 0.0% | |
| Loan Simple Inc | $415,000 | n/a | 0.0% | |
| Honda Federal Credit Union | $410,000 | n/a | 0.0% | |
| Midland States Bank | $15,565,000 | $405,000 | -97.4% | 0.0% |
| Home Loan Investment Bank | $385,000 | $400,000 | 3.9% | 0.0% |
| Intercontinental Capital Group, Inc. | $400,000 | n/a | 0.0% | |
| Bank of Colorado | $395,000 | n/a | 0.0% | |
| First State Bank Of St. Charles Missouri | $395,000 | $395,000 | 0.0% | 0.0% |
| One Reverse Mortgage, LLC | $5,325,000 | $390,000 | -92.7% | 0.0% |
| COMMERCE BANK | $385,000 | n/a | 0.0% | |
| Customer Service Mortgage Corporation | $375,000 | n/a | 0.0% | |
| American Residential Lending | $365,000 | n/a | 0.0% | |
| Armed Forces Bank | $355,000 | n/a | 0.0% | |
| GRAND VALLEY BANK | $3,345,000 | $355,000 | -89.4% | 0.0% |
| Independent Bank | $355,000 | n/a | 0.0% | |
| Founders Federal Credit Union | $345,000 | n/a | 0.0% | |
| Credit Human Federal Credit Union | $595,000 | $340,000 | -42.9% | 0.0% |
| Gate City Bank | $335,000 | n/a | 0.0% | |
| Columbia State Bank | $730,000 | $325,000 | -55.5% | 0.0% |
| FIRST INTERSTATE BANK | $185,000 | $325,000 | 75.7% | 0.0% |
| Midwest Equity Mortgage LLC | $305,000 | n/a | 0.0% | |
| NFM, Inc. | $1,285,000 | $305,000 | -76.3% | 0.0% |
| Quad City Bank and Trust Company | $305,000 | n/a | 0.0% | |
| United Nations Federal Credit Union | $305,000 | n/a | 0.0% | |
| Bank 2 | $410,000 | $295,000 | -28.0% | 0.0% |
| Hancock Mortgage Partners LLC | $530,000 | $295,000 | -44.3% | 0.0% |
| Digital Federal Credit Union | $805,000 | $290,000 | -64.0% | 0.0% |
| AMERIS BANK | $1,285,000 | $285,000 | -77.8% | 0.0% |
| First Western Trust Bank | $920,000 | $285,000 | -69.0% | 0.0% |
| NOVA Financial & Investment Corporation dba: Nova Home Loans | $530,000 | $285,000 | -46.2% | 0.0% |
| Presidential Bank FSB | $285,000 | n/a | 0.0% | |
| All Western Mortgage | $275,000 | n/a | 0.0% | |
| NRL Federal Credit Union | $275,000 | n/a | 0.0% | |
| METROPOLITAN HOME MORTGAGE | $265,000 | n/a | 0.0% | |
| Old Second National Bank | $275,000 | $265,000 | -3.6% | 0.0% |
| Justice Federal Credit Union | $255,000 | n/a | 0.0% | |
| Tower Federal Credit Union | $255,000 | n/a | 0.0% | |
| Wyoming Bank & Trust | $255,000 | n/a | 0.0% | |
| Churchill Mortgage Corporation | $245,000 | n/a | 0.0% | |
| Fidelity Bank | $235,000 | n/a | 0.0% | |
| Crestline Funding Corporation | $225,000 | n/a | 0.0% | |
| Southwest Airlines Federal Credit Union | $225,000 | n/a | 0.0% | |
| Allied First BankSB | $215,000 | n/a | 0.0% | |
| Ann Ha | $215,000 | n/a | 0.0% | |
| First National Bank Texas | $205,000 | n/a | 0.0% | |
| MID AMERICA BANK | $205,000 | n/a | 0.0% | |
| First Bank | $195,000 | n/a | 0.0% | |
| CommunityAmerica Credit Union | $185,000 | $185,000 | 0.0% | 0.0% |
| Great Plains National Bank | $185,000 | n/a | 0.0% | |
| Star One Credit Union | $1,495,000 | $185,000 | -87.6% | 0.0% |
| Los Angeles Police Federal Credit Union | $155,000 | n/a | 0.0% | |
| Meridian Trust Federal Credit Union | $255,000 | $155,000 | -39.2% | 0.0% |
| Credit Union Mortgage Association Inc. | $550,000 | $145,000 | -73.6% | 0.0% |
| Northrop Grumman Federal Credit Union | $440,000 | $135,000 | -69.3% | 0.0% |
| SALAL CREDIT UNION | $135,000 | n/a | 0.0% | |
| Honor Credit Union | $105,000 | n/a | 0.0% | |
| Sea West Coast Guard Federal Credit Union | $105,000 | n/a | 0.0% | |
| Signature Federal Credit Union | $105,000 | n/a | 0.0% | |
| State Farm Bank | $5,400,000 | $100,000 | -98.1% | 0.0% |
| Bethpage Federal Credit Union | $435,000 | $95,000 | -78.2% | 0.0% |
| MidFirst Bank | $505,000 | $65,000 | -87.1% | 0.0% |
| First Tennessee Bank National | $55,000 | n/a | 0.0% | |
| Atlanta Postal Credit Union | $195,000 | $45,000 | -76.9% | 0.0% |
SALT LAKE CITY's top lender by overall market share is United Shore Financial Services LLC, with 11.8% market share. In second place, with 6.8%, is Quicken Loans, having originated $2,060,220,000 in loans. In third place, with 6.3%, is Intercap Lending Inc, having originated $1,912,940,000 in loans. In third place, with 3.9%, is SecurityNational Mortgage Company, having originated $1,165,900,000 in loans. In third place, with 3.8%, is Mountain America Credit Union, having originated $1,149,960,000 in loans.
SALT LAKE CITY, UT Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 48,954 | $14,524,330,000 | $296,693 |
| Home Purchase | 24,785 | $8,551,275,000 | $345,018 |
| Cash Out Refi | 20,859 | $6,095,075,000 | $292,204 |
| Home Improvement | 4,237 | $448,035,000 | $105,743 |
| Other | 3,195 | $542,235,000 | $169,714 |
| NA | 2 | $570,000 | $285,000 |
Salt Lake City's most frequently cited loan purpose was Refi, with 48,954 originations. The 2nd most popular reason was Home Purchase, with 24,785 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 41,545 | $12,677,235,000 | $305,145 |
| 2.5-3% | 39,035 | $12,602,715,000 | $322,857 |
| <2.5% | 11,594 | $3,258,250,000 | $281,029 |
| 4-5% | 5,764 | $1,153,130,000 | $200,057 |
| 5-6% | 2,268 | $206,400,000 | $91,005 |
| 6-7% | 745 | $61,265,000 | $82,235 |
| Over 8% | 591 | $44,025,000 | $74,492 |
| 7-8% | 276 | $21,840,000 | $79,130 |
During 2020, Salt Lake City's most frequently originated rate bucket was 3-4%, with 41,545 originations.
Loan Sizing (SALT LAKE CITY, UT MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 58,796 | $17,104,320,000 | $290,910 |
| $100k-200k | 16,619 | $2,623,975,000 | $157,890 |
| $400k-600k | 15,200 | $7,142,430,000 | $469,897 |
| $100,000 or less | 8,988 | $427,150,000 | $47,524 |
| $600k-1000k | 1,969 | $1,359,215,000 | $690,307 |
| $Over $1MM | 460 | $1,504,430,000 | $3,270,500 |
SALT LAKE CITY's loan sizing saw the bucket of loans from $200k-400k with 58,796 originations, totaling $17,104,320,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 36,930 | $12,635,660,000 | $342,152 |
| 80-100% | 27,328 | $9,582,480,000 | $350,647 |
| 40-60% | 19,413 | $5,340,725,000 | $275,111 |
| Under 20% | 7,706 | $391,640,000 | $50,823 |
| 20-40% | 7,616 | $1,263,180,000 | $165,859 |
| Over 100% | 456 | $181,790,000 | $398,662 |
SALT LAKE CITY's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 36,930 originations, totaling $12,635,660,000 in origination value.