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home improvement loan lenders · HMDA 2023–2025

Home improvement loan lenders in Salt Lake County, Utah

Fat Boy Data analyzed home improvement loan activity in Salt Lake County, Utah to show which lenders are making these loans, how often they approve, how often borrowers accept the offer, and how much they typically finance. 15,834 applications were decided by 111 lenders between 2023 and 2025.

Salt Lake County at a glance

111Active lenders37 with 20+ decisions
74.1%Market approval rate11,735 of 15,834 decided
$75KTypical loanmedian lender, $10K brackets
94%Borrower take-up10,987 loans funded

How Salt Lake County compares

Approval rate compared
Salt Lake County74.1%Utah76.7%All 616 counties62.7%
Typical loan compared
Salt Lake County$75KUtah$75KAll 616 counties$75K

What the data shows

AMERICA FIRST Federal Credit Union made the most home improvement loans in Salt Lake County, UT, 4,372 of them.

That is 40% of every home improvement loan originated here, so this market is unusually concentrated in one lender.

Bank of Utah approved the highest share of applications among lenders with at least 20 decisions here, 100% of 27.

No lender with a meaningful sample here has a typical home improvement loan at or below $35K, so small jobs are poorly served by the banks in this market.

Approval rate of all 37 lenders with 20+ decisions here
0%25%50%75%100%Discover Bank: 30% approved of 244Bank of America, National Association: 36% approved of 236BMO Bank National Association: 40% approved of 20Spring Eq, LLC: 41% approved of 232U.S. Bank National Association: 49% approved of 328Pentagon Federal Credit Union: 52% approved of 29New American Funding, LLC: 52% approved of 42Securitynational Mortgage Company: 57% approved of 28KeyBank National Association: 59% approved of 51Chartway Federal Credit Union: 60% approved of 146Fourleaf: 62% approved of 24Mountain America Federal Credit Union: 65% approved of 3,928Rocket Mortgage, LLC: 68% approved of 22Zions Bancorporation, N.A.: 69% approved of 426Figure Lending LLC: 69% approved of 219Kind Lending, LLC: 69% approved of 58PNC Bank, National Association: 69% approved of 85Onity Mortgage Corporation: 70% approved of 23Goldenwest: 70% approved of 562Utah First: 71% approved of 602Baxter Credit Union: 72% approved of 25Wafd Bank: 75% approved of 20Navy Federal Credit Union: 76% approved of 74Glacier Bank: 76% approved of 21Utah Community Federal Credit Union: 77% approved of 402Canyon View: 78% approved of 921The Loan Store, Inc.: 80% approved of 59Granite Federal Credit Union: 83% approved of 203Homebridge Financial Services, Inc.: 84% approved of 38AMERICA FIRST Federal Credit Union: 86% approved of 5,362Deseret First Credit Union: 88% approved of 352Nationstar Mortgage LLC: 89% approved of 47CYPRUS Federal Credit Union: 92% approved of 507Longbridge Financial, LLC: 92% approved of 25Coastal Community Bank: 98% approved of 174Bank of Utah: 100% approved of 27Jordan Federal Credit Union: 100% approved of 27

Each dot is one lender, placed at its approval rate. Hover for the name and sample size.

Home improvement loan lenders in Salt Lake County

LenderApprovalApprovedTaken upTypical loanLoans made
1AMERICA FIRST Federal Credit Union86%4,586 / 5,36295%$75K4,372
2Mountain America Federal Credit Union65%2,540 / 3,92897%$75K2,475
3Canyon View78%719 / 92192%$105K664
4Utah First71%429 / 60292%$105K396
5Goldenwest70%396 / 56292%$105K364

Ranked by lending volume. Approval is the share of decided applications a lender approved; taken up is the share of approvals the borrower accepted. Lenders with fewer than 20 decisions are marked as a limited sample and are never used for a “highest approval” claim. How these numbers are built.

Fat Boy found 106 more lenders.

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