Lender profile · HMDA 2023–2025
Bank of Utah mortgage approval rates & lending data
Bank of Utah decided 1,340 mortgage applications and funded 1,293 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval 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 |
| Nevada | 100% | $465K | 7 | 7 |
| Texas | 100% | $325K | 7 | 7 |
| Idaho | 100% | $315K | 5 | 5 |
| Arizona | 100% | $245K | 3 | 3 |
| California | 100% | $255K | 3 | 3 |
| New Mexico | 100% | $155K | 3 | 3 |
| Colorado | 50% | $305K | 2 | 1 |
| Montana | 100% | $65K | 2 | 2 |
| South Dakota | 100% | $145K | 2 | 2 |
| Oregon | 100% | $155K | 1 | 1 |
| Tennessee | 100% | $335K | 1 | 1 |
| Virginia | 100% | $645K | 1 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.