PlainLender

RANLife, Inc.

Sandy, UT

RANLife, Inc. processed 1,126 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 744 loans with a 3.4% denial rate. Home Purchase was the primary loan purpose. Based in Sandy, UT. The approval rate of 66.1% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. RANLife, Inc. processed 1,126 HMDA-reported mortgage applications in 2024, originating 744 loans and denying 38 for a denial rate of 3.4% (applicants themselves withdrew 342 files before a decision). The average loan amount was $354,503 at a 6.519% average note rate, and applicants self-reported an average income of $42,000. The lender reports under LEI 549300W1HU6IVVIEJ389 from Sandy, UT.

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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. RANLife, Inc.'s 66.1% origination rate tells you how often an application turned into funded money; the 3.4% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Credit history, Debt-to-income ratio, Other, which together explain the majority of rejections. Most activity concentrated in Conventional loans (556 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.

1,126
Applications
744
Originated
3.4%
Denial Rate
$354,503
Avg Loan Amount
Avg Interest Rate: 6.519% Avg Applicant Income: $42,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 556 368 19 $336,403
FHA 480 310 16 $362,375
VA 83 62 1 $442,470
USDA 7 4 2 $209,286

Top loan types — RANLife, Inc.

Top loan types — RANLife, Inc. Horizontal bar chart of the top 4 items by value (applications). Top loan types — RANLife, Inc. Top 4 1. Conventional 556 2. FHA 480 3. VA 83 4. USDA 7 Top 5 loan types by application volume at RANLife, Inc. (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for RANLife, Inc. (LEI: 549300W1HU6IVVIEJ389) · 2023 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 history
23
Debt-to-income ratio
10
Other
3
Unverifiable information
2
Collateral
1
Insufficient cash
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 648 488 $370,694
Cash-out Refinancing 285 150 $329,491
Refinancing 163 100 $377,025
Other 29 6 $114,310
Home Improvement 1 0 $285,000

Geographic Coverage — Lending by Race

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

Race Applications Approval Rate Denial Rate
White 668 69.2% 2.5%
Asian 22 59.1% 0.0%
Black or African American 17 47.1% 5.9%
Native Hawaiian or Other Pacific Islander 17 82.3% 0.0%
Joint 16 75.0% 0.0%
2 or more minority races 4 100.0% 0.0%
American Indian or Alaska Native 2 100.0% 0.0%

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 611 70.4% 3.0%
Hispanic or Latino 118 61.9% 1.7%
Joint 27 48.1% 0.0%

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 RANLife, Inc. vs AMERICA FIRST FEDERAL CREDIT UNION →

Mortgage Lending Guides

Why Mortgages Get Denied
Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

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Frequently Asked Questions

How many mortgage applications did RANLife, Inc. process?
RANLife, Inc. processed 1,126 mortgage applications in the 2023 HMDA reporting year. Of these, 744 were originated (approved and funded), 342 were withdrawn by the applicant, and 38 were denied.
What is RANLife, Inc.'s mortgage approval rate?
RANLife, Inc. has an approval (origination) rate of 66.1%, meaning 66.1% of all applications resulted in a funded mortgage. The denial rate is 3.4%.
What is the average loan amount at RANLife, Inc.?
The average mortgage loan amount at RANLife, Inc. is $354,503. The average interest rate is 6.519%. The average applicant income is $42,000.
What are the most common reasons for mortgage denial at RANLife, Inc.?
The most common reasons for mortgage denial at RANLife, Inc. are: Credit history, Debt-to-income ratio, Other. In total, 38 applications were denied out of 1,126 total applications.
What types of mortgage loans does RANLife, Inc. offer?
RANLife, Inc. processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 556 applications and an average loan amount of $336,403.
What loan purposes does RANLife, Inc. serve?
RANLife, Inc. serves the following loan purposes: Home Purchase (648 applications), Cash-out Refinancing (285 applications), Refinancing (163 applications), Other (29 applications), Home Improvement (1 applications). Home Purchase is the most common purpose.
Where is RANLife, Inc. located?
RANLife, Inc. is headquartered in Sandy, UT. The lender is identified by LEI 549300W1HU6IVVIEJ389 in HMDA data.
How does RANLife, Inc. compare in lending across racial demographics?
RANLife, Inc. reports demographic lending data under HMDA requirements. White applicants have an approval rate of 69.2% and denial rate of 2.5%; Asian applicants have an approval rate of 59.1% and denial rate of 0.0%; Black or African American applicants have an approval rate of 47.1% and denial rate of 5.9%. 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.