Armed Forces Bank in Utah vs the state
21.7%Denial rate+5.78 pts vs state
29.4%Decision denial rate+10.23 pts vs state
52.2%Origination rate-11.07 pts vs state
6.00%Median rate-0.63 pts vs state
-0.43Rate spread (pts)-0.67 pts vs state
$218kMedian applicant income
12Loans originated
5Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 14 | 10 | 0.0% | 5.94% | #248 |
| 2025 | 23 | 12 | 21.7% | 6.00% | #230 |
What Armed Forces Bank lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Armed Forces Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Utah County | 7 | 3 | 1 | 14.3% |
| Iron County | 3 | 2 | 1 | 33.3% |
| Weber County | 3 | 0 | 2 | 66.7% |
| Davis County | 2 | 2 | 0 | 0.0% |
| Cache County | 2 | 1 | 0 | 0.0% |
| Duchesne County | 1 | 1 | 0 | 0.0% |
| Salt Lake County | 1 | 0 | 1 | 100.0% |
| Summit County | 1 | 0 | 0 | 0.0% |
| Morgan County | 1 | 1 | 0 | 0.0% |
| Washington County | 1 | 1 | 0 | 0.0% |
Other large lenders in Utah
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| AMERICA FIRST Federal Credit Union | C | 16,303 | 18.3% | 6.99% |
| Mountain America Federal Credit Union | D | 15,401 | 36.5% | 7.24% |
| United Shore Financial Services | B | 11,325 | 8.5% | 6.25% |
| Rocket Mortgage | C | 6,276 | 14.6% | 6.63% |
| Guild Mortgage | A | 5,427 | 1.5% | 6.50% |
| Intercap Lending | A | 4,881 | 0.7% | 6.50% |
| Goldenwest | B | 4,794 | 17.6% | 7.50% |
| First Colony Mortgage | A | 3,499 | 2.1% | 6.38% |
| Kind Lending | C | 3,227 | 20.3% | 6.50% |
| Zions Bancorporation | B | 3,013 | 22.9% | 6.49% |
Frequently asked questions
Utah: 23 applications in 2025, of which 12 were originated and 5 denied.
21.7% of all applications, or 29.4% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Armed Forces Bank originated in Utah in 2025 was 6.00%, against a statewide median of 6.63%.
About this data. Figures are Armed Forces Bank's own HMDA filing for properties located in Utah, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology