Cache Valley Bank · Utah · 2025

Cache Valley Bank in Utah: approval rate, denial rate and rates (2025)

Cache Valley Bank took 300 mortgage applications in Utah in 2025, ranking #79 of 575 lenders active in the state. It originated 91.3% of them and denied 1.0% (1.1% of the applications it decided), against a statewide denial rate of 16.0%.

300Applicationsin UT
1.1%Decision denial ratestate 19.2%
6.63%Median ratestate 6.63%
$365,000Median loanstate $305,000
$132MVolume20 counties

Cache Valley Bank in Utah vs the state

1.0%Denial rate-14.96 pts vs state
1.1%Decision denial rate-18.10 pts vs state
91.3%Origination rate+28.09 pts vs state
6.63%Median rate0.00 pts vs state
0.06Rate spread (pts)-0.18 pts vs state
$150kMedian applicant income
274Loans originated
3Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233713341.1%6.75%#66
20242572252.0%6.88%#80
20253002741.0%6.63%#79

What Cache Valley Bank lends in Utah

By loan purpose

Home purchase 201 67% · 0.5% denied
Refinance 61 20% · 3.3% denied
Cash-out refinance 26 9% · 0.0% denied
Home improvement 8 3% · 0.0% denied
Other / HELOC 4 1% · 0.0% denied

By loan type

Conventional 287 96% · 1.1% denied
FHA 8 3% · 0.0% denied
VA 4 1% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Utah applicants

Credit history 2 67%
Collateral 1 33%

Where in Utah

Counties with the most Cache Valley Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cache County 1421301 0.7%
Washington County 45420 0.0%
Box Elder County 15150 0.0%
Weber County 13120 0.0%
Davis County 1391 7.7%
Salt Lake County 13110 0.0%
Sanpete County 11110 0.0%
Iron County 980 0.0%
Juab County 880 0.0%
Rich County 550 0.0%

Other large lenders in Utah

LenderGradeApplicationsDenial rateMedian rate
AMERICA FIRST Federal Credit UnionC 16,30318.3%6.99%
Mountain America Federal Credit UnionD 15,40136.5%7.24%
United Shore Financial ServicesB 11,3258.5%6.25%
Rocket MortgageC 6,27614.6%6.63%
Guild MortgageA 5,4271.5%6.50%
Intercap LendingA 4,8810.7%6.50%
GoldenwestB 4,79417.6%7.50%
First Colony MortgageA 3,4992.1%6.38%
Kind LendingC 3,22720.3%6.50%
Zions BancorporationB 3,01322.9%6.49%

Frequently asked questions

Utah: 300 applications in 2025, of which 274 were originated and 3 denied.

1.0% of all applications, or 1.1% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Cache Valley Bank originated in Utah in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Cache Valley 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