Salt Lake County
Utah · FIPS 49035
According to CFPB HMDA 2024 application volume among U.S. counties, Salt Lake County ranks #28 of 3,223, and #1 of 29 in Utah.
Mortgage lending activity in Salt Lake County, Utah based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Salt Lake County, Utah lenders denied 8,123 of the applications reported here, financing the rest at an average note rate of 7.28%, with applicants self-reporting average annual income of $39K. 349 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 8.5x, meaning typical borrowers took on mortgages of about 8.5 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Salt Lake County
In Salt Lake County, lead originator America First Federal Credit Union funded 14.7% of 26,411 originated loans, in the middle tercile of U.S. counties (~10.9-16.7% top-1). The top three reporters together hold 34.8% of the book; a local credit union or regional bank still sits beside the national wholesalers.
Counties With Similar Application Volume
Nationwide counties nearest to Salt Lake County's 47,766 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Salt Lake County's $330,536 average loan (deduped against volume peers).
Lenders active in Salt Lake County
America First Federal Credit Union funded 3,886 of the 26,411 loans originated in Salt Lake County, 14.7% of the county. 349 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | America First Federal Credit Union | 3,886 | 14.7% |
| 2 | United Wholesale Mortgage | 2,877 | 10.9% |
| 3 | Mountain America Federal Credit Union | 2,428 | 9.2% |
| 4 | Rocket Mortgage | 1,274 | 4.8% |
| 5 | Intercap Lending Inc | 1,259 | 4.8% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Salt Lake County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Salt Lake County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.