Bank of Utah mortgage approval rate & lending review
Bank of Utah decided 1,340 mortgage applications and funded 1,293 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Bank of Utah reported under the Home Mortgage Disclosure Act, not its advertised interest rates.
Bank of Utah at a glance
Approval is 14.3 points above the 82.9% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 97% | 867 / 894 | 99% | $415K | 862 |
| Home improvement loans | 99% | 122 / 123 | 99% | $115K | 121 |
| Cash-out refinance | 95% | 37 / 39 | 97% | $335K | 36 |
| Refinance | 98% | 154 / 157 | 99% | $235K | 152 |
| Investment property purchase | 97% | 95 / 98 | 99% | $295K | 94 |
Bank of Utah lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Utah | 97% | $415K | 1,303 | 1,257 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Bank of Utah lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Weber County, UT | Mortgage lenders | 98% | 307 | 299 |
| Cache County, UT | Mortgage lenders | 99% | 249 | 244 |
| Davis County, UT | Mortgage lenders | 94% | 101 | 95 |
| Washington County, UT | Mortgage lenders | 98% | 51 | 50 |
| Salt Lake County, UT | Refinance | 98% | 44 | 43 |
| Cache County, UT | Refinance | 97% | 38 | 37 |
| Cache County, UT | Home improvement loans | 100% | 31 | 30 |
| Weber County, UT | Refinance | 100% | 29 | 28 |
| Salt Lake County, UT | Home improvement loans | 100% | 27 | 27 |
| Washington County, UT | Investment property purchase | 100% | 25 | 25 |
| Cache County, UT | Investment property purchase | 100% | 21 | 21 |
| Weber County, UT | Investment property purchase | 90% | 21 | 19 |
The county markets where Bank of Utah made the most loans. Each link opens that market with every lender ranked.
Questions about Bank of Utah
What is Bank of Utah's mortgage approval rate?
Bank of Utah approved 97.2% of the 1,340 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 14.3 points above the 82.9% national rate for the same mix of loan types.
How often do borrowers take the loan Bank of Utah offers?
Borrowers accepted 99% of the loans Bank of Utah approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Bank of Utah make?
The typical home purchase mortgage loan Bank of Utah made was $415K; across all loan types its typical loan ran from $115K to $415K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Bank of Utah lend?
Bank of Utah decided applications in 13 of the states Fat Boy Data covers, most of them in Utah, Nevada and Texas.
Can I apply to Bank of Utah directly?
Yes. Bank of Utah is a bank or credit union with 19 branches in the FDIC and NCUA registries, and it takes mortgage applications directly.
Does this page show Bank of Utah's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Bank of Utah treats applications, then get a rate quote from the lender.