Veritas Funding, Llc
Mortgage Loan Application
Totals and Details
for 2017

Find mortgage loan statistics, lending data, and loan application totals for Utah.
The mortgage statistics and data below are specific to mortgage loan applications for Veritas Funding, Llc.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Veritas Funding, Llc
Morgun Hall
7050 S Union Park Ave 400, UT 84047
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  
Total Number of Mortgage Applications 6,407
Total Mortgage Loan Application Amount $1,701,826,000
Average Mortgage Loan Application Amount $257,000
Highest Mortgage Loan Application Amount $2,928,000
Average Applicant Income $93,000
Highest Applicant Income $2,443,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in UT, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Veritas Funding, Llc by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Salt Lake County Utah 2,851 $ 792,746,000 $ 278,000 $ 99,000
Utah County Utah 1,035 $ 274,782,000 $ 265,000 $ 90,000
Davis County Utah 743 $ 199,400,000 $ 268,000 $ 89,000
Weber County Utah 647 $ 141,035,000 $ 217,000 $ 75,000
Washington County Utah 349 $ 83,263,000 $ 238,000 $ 97,000
Tooele County Utah 211 $ 48,249,000 $ 228,000 $ 67,000
Iron County Utah 130 $ 25,863,000 $ 198,000 $ 83,000
Wasatch County Utah 104 $ 36,403,000 $ 350,000 $ 148,000
Summit County Utah 98 $ 49,743,000 $ 507,000 $ 217,000
Cache County Utah 80 $ 16,248,000 $ 203,000 $ 63,000
Box Elder County Utah 67 $ 13,837,000 $ 206,000 $ 71,000
Morgan County Utah 16 $ 5,173,000 $ 323,000 $ 106,000
Sanpete County Utah 11 $ 2,165,000 $ 196,000 $ 73,000
Beaver County Utah 8 $ 1,467,000 $ 183,000 $ 98,000
Juab County Utah 7 $ 1,275,000 $ 182,000 $ 53,000
Uintah County Utah 7 $ 1,584,000 $ 226,000 $ 52,000
Kane County Utah 6 $ 1,171,000 $ 195,000 $ 111,000
Sevier County Utah 6 $ 884,000 $ 147,000 $ 57,000
Grand County Utah 5 $ 1,256,000 $ 251,000 $ 264,000
Emery County Utah 3 $ 380,000 $ 126,000 $ 34,000
Maricopa County Arizona 2 $ 570,000 $ 285,000 $ 94,000
Sacramento County California 2 $ 663,000 $ 331,000 $ 110,000
Adams County Colorado 2 $ 656,000 $ 328,000 $ 74,000
Carbon County Utah 2 $ 152,000 $ 76,000 $ 114,000
Duchesne County Utah 2 $ 203,000 $ 101,000 $ 35,000
Garfield County Utah 2 $ 392,000 $ 196,000 $ 72,000
Millard County Utah 2 $ 187,000 $ 93,000 $ 97,000
Riverside County California 1 $ 309,000 $ 309,000 $ 226,000
Solano County California 1 $ 227,000 $ 227,000 $ 465,000
Boulder County Colorado 1 $ 145,000 $ 145,000 $ 132,000
Denver County Colorado 1 $ 296,000 $ 296,000 $ 105,000
El Paso County Colorado 1 $ 253,000 $ 253,000 $ 70,000
Franklin County Idaho 1 $ 225,000 $ 225,000 $ 61,000
Rich County Utah 1 $ 80,000 $ 80,000 $ 93,000
San Juan County Utah 1 $ 290,000 $ 290,000 $ 87,000
Campbell County Wyoming 1 $ 254,000 $ 254,000 $ 38,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Utah, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Veritas Funding, Llc in 2017

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 4,956 $1,347,912,000 $271,000 $2,928,000 $96,000 $2,443,000
Refinancing 1,451 $353,914,000 $243,000 $1,528,000 $90,000 $702,000
Home Improvement 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 4,810 $1,310,401,000 $272,000 $2,928,000 $99,000 $1,805,000
Hispanic 841 $185,045,000 $220,000 $1,310,000 $59,000 $481,000
Not Provided 513 $140,531,000 $273,000 $840,000 $104,000 $2,443,000
Asian 148 $40,716,000 $275,000 $696,000 $101,000 $548,000
Native Hawaiian or Other Pacific Islander 45 $12,776,000 $283,000 $504,000 $88,000 $262,000
Black or African American 31 $7,575,000 $244,000 $572,000 $79,000 $236,000
American Indian or Alaskan Native 19 $4,782,000 $251,000 $590,000 $79,000 $269,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 4,563 $1,256,483,000 $275,000 $2,928,000 $106,000 $2,443,000
FHA-insured (Federal Housing Administration) 1,402 $321,029,000 $228,000 $610,000 $61,000 $523,000
VA-guaranteed (Veterans Administration) 347 $103,805,000 $299,000 $1,310,000 $82,000 $481,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 95 $20,509,000 $215,000 $379,000 $57,000 $95,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 4,517 $1,188,969,000 $263,000 $2,928,000 $95,000 $2,443,000
File Closed For Incompleteness 920 $247,257,000 $268,000 $1,036,000 $96,000 $1,226,000
Application Denied By Financial Institution 387 $102,241,000 $264,000 $1,552,000 $83,000 $739,000
Application Withdrawn By Applicant 383 $103,398,000 $269,000 $850,000 $94,000 $554,000
Application Approved But Not Accepted 200 $59,961,000 $299,000 $1,034,000 $103,000 $520,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Credit History 99 $24,788,000 $250,000 $578,000 $73,000 $197,000
Collateral 94 $25,798,000 $274,000 $1,552,000 $95,000 $702,000
Debt-To-Income Ratio 81 $21,371,000 $263,000 $956,000 $78,000 $739,000
Insufficient Cash (Downpayment, Closing Cost) 44 $10,953,000 $248,000 $522,000 $80,000 $195,000
Other 29 $8,265,000 $285,000 $600,000 $107,000 $397,000
Unverifiable Information 17 $4,443,000 $261,000 $524,000 $86,000 $214,000
Employment History 14 $3,996,000 $285,000 $620,000 $70,000 $226,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in UT, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Utah, and search similar information at your convenience.

Download the Utah Lender List