Salt Lake City-Murray
Metropolitan Statistical Area · MSA Code 41620
According to CFPB HMDA 2024 application volume among tracked metros, Salt Lake City-Murray ranks #58 of 418.
Mortgage lending activity in the Salt Lake City-Murray metro area based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this geography during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Metro-area mortgage activity. The Salt Lake City-Murray Metropolitan Statistical Area (MSA code 41620) recorded 53,659 HMDA-reported mortgage applications in 2024. Lenders originated 29,665 of those and denied others at a rate of 16.9%, for an approval (origination) rate of 55.3%. The average loan amount across the MSA was $328,276 at an average note rate of 7.25%. 20 major lenders are tracked for this metro - America First Federal Credit Union, United Wholesale Mortgage, Mountain America Federal Credit Union lead by origination volume. Among the 418 metros tracked, Salt Lake City-Murray ranks #225 by denial rate (the 46th percentile for approval-friendliness), and shares its 5-point denial-rate band with 241 other tracked metros.
What MSA numbers tell you, and what they don't. Metro area boundaries are defined by the U.S. Office of Management and Budget and typically span multiple counties, so a single Salt Lake City-Murray denial rate averages across urban core, inner suburbs, and outer commuter communities with very different borrower profiles. A 16.9% denial rate at the MSA level can coexist with widely varying individual-lender denial rates; $328,276 average loan size reflects the MSA's property values and the borrower pool that actually applied, not any single neighborhood. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Salt Lake City-Murray
In Salt Lake City-Murray, lead originator America First Federal Credit Union funded 14.1% of 29,665 originated loans, above the fleet's upper tercile (~12.8% top-1). The top three reporters together hold 34.3% of the book, so a handful of names dominate disclosed volume here.
Metros With a Similar Denial Rate
The metro areas closest to Salt Lake City-Murray's 16.9% denial rate among all 418 tracked MSAs.
Metros With Similar Application Volume
Nationwide MSAs nearest to Salt Lake City-Murray's 53,659 HMDA applications (deduped against the denial-rate neighbourhood).
Metros With a Similar Average Loan
Nationwide MSAs nearest to Salt Lake City-Murray's $328,276 average loan (deduped against denial and volume peers).
Lenders active in the Salt Lake City-Murray metro
America First Federal Credit Union funded 4,169 of the 29,665 loans originated here, 14.1% of the metro. 20 reporting lenders follow.
| # | Lender | Originated | Applications | Avg Loan | Market Share |
|---|---|---|---|---|---|
| 1 | America First Federal Credit Union | 4,169 | 5,814 | $134,892 | 14.1% |
| 2 | United Wholesale Mortgage | 3,185 | 4,053 | $466,907 | 10.7% |
| 3 | Mountain America Federal Credit Union | 2,816 | 6,162 | $164,890 | 9.5% |
| 4 | Intercap Lending Inc | 1,418 | 1,895 | $418,293 | 4.8% |
| 5 | Rocket Mortgage | 1,399 | 1,836 | $357,783 | 4.7% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. Metropolitan Statistical Areas defined by the U.S. Office of Management and Budget (OMB).
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Salt Lake City-Murray borrowers.
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 Salt Lake City-Murray 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. 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.