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Alpine Credit Union

OREM, UT

Alpine Credit Union processed 91 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 80 loans with a 12.1% denial rate. Other was the primary loan purpose. Based in OREM, UT. The approval rate of 87.9% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Alpine Credit Union's 87.9% origination rate tells you how often an application turned into funded money; the 12.1% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit application incomplete, Debt-to-income ratio, Credit history, which together explain the majority of rejections. Most activity concentrated in Conventional loans (91 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

91
Applications
80
Originated
12.1%
Denial Rate
$155,440
Avg Loan Amount
Avg Interest Rate: 7.239% Avg Applicant Income: $32,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 91 80 11 $155,440

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Alpine Credit Union (LEI: 254900QGEOVPON4RPM04) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Credit application incomplete
4
Debt-to-income ratio
4
Credit history
3
Unverifiable information
2
Employment history
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Other 35 30 $89,000
Home Improvement 27 26 $79,074
Cash-out Refinancing 14 13 $261,429
Refinancing 9 6 $310,556
Home Purchase 6 5 $406,667

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 84 90.5% 9.5%
Black or African American * 2 50.0% 50.0%
Joint * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 83 89.2% 10.8%
Hispanic or Latino * 4 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in UT

Other HMDA-reporting lenders in UT with similar activity. Compare any two side-by-side.

America First Federal Credit Union

ROY, UT

22,439 apps 16,009 originated 19.8% denied

Mountain America Federal Credit Union

SANDY, UT

21,793 apps 9,806 originated 33.0% denied

Sofi Bank, National Association

COTTONWOOD HEIGHTS, UT

15,489 apps 5,867 originated 16.7% denied

Primary Residential Mortgage, INC.

Salt Lake City, UT

15,310 apps 10,659 originated 5.4% denied

Canopy Mortgage, LLC

LINDON, UT

10,605 apps 6,489 originated 2.3% denied
Compare Alpine Credit Union vs America First Federal Credit Union →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Alpine Credit Union process?
Alpine Credit Union processed 91 mortgage applications in the 2024 HMDA reporting year. Of these, 80 were originated (approved and funded), and 11 were denied.
What is Alpine Credit Union's mortgage approval rate?
Alpine Credit Union has an approval (origination) rate of 87.9%, meaning 87.9% of all applications resulted in a funded mortgage. The denial rate is 12.1%.
What is the average loan amount at Alpine Credit Union?
The average mortgage loan amount at Alpine Credit Union is $155,440. The average interest rate is 7.239%. The average applicant income is $32,000.
What are the most common reasons for mortgage denial at Alpine Credit Union?
The most common reasons for mortgage denial at Alpine Credit Union are: Credit application incomplete, Debt-to-income ratio, Credit history. In total, 11 applications were denied out of 91 total applications.
What types of mortgage loans does Alpine Credit Union offer?
Alpine Credit Union processes Conventional loans. The most common type is Conventional with 91 applications and an average loan amount of $155,440.
What loan purposes does Alpine Credit Union serve?
Alpine Credit Union serves the following loan purposes: Other (35 applications), Home Improvement (27 applications), Cash-out Refinancing (14 applications), Refinancing (9 applications), Home Purchase (6 applications). Other is the most common purpose.
Where is Alpine Credit Union located?
Alpine Credit Union is headquartered in OREM, UT. The lender is identified by LEI 254900QGEOVPON4RPM04 in HMDA data.
How does Alpine Credit Union compare in lending across racial demographics?
Alpine Credit Union reports demographic lending data under HMDA requirements. White applicants have an approval rate of 90.5% and denial rate of 9.5%; Black or African American applicants have an approval rate of 50.0% and denial rate of 50.0%; Joint applicants have an approval rate of 100.0% and denial rate of 0.0%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.