CIBC Bank USA · Utah · 2025

CIBC Bank USA in Utah: approval rate, denial rate and rates (2025)

CIBC Bank USA took 5 mortgage applications in Utah in 2025, ranking #338 of 575 lenders active in the state. It originated 80.0% of them and denied 20.0% (20.0% of the applications it decided), against a statewide denial rate of 16.0%.

5Applicationsin UT
20.0%Decision denial ratestate 19.2%
5.56%Median ratestate 6.63%
$925,000Median loanstate $305,000
$6.4MVolume3 counties

CIBC Bank USA in Utah vs the state

20.0%Denial rate+4.04 pts vs state
20.0%Decision denial rate+0.82 pts vs state
80.0%Origination rate+16.76 pts vs state
5.56%Median rate-1.06 pts vs state
-0.14Rate spread (pts)-0.38 pts vs state
$282kMedian applicant income
4Loans originated
1Denied

What CIBC Bank USA lends in Utah

By loan purpose

Home purchase 2 40% · 0.0% denied
Cash-out refinance 1 20% · 0.0% denied
Other / HELOC 2 40% · 50.0% denied

By loan type

Conventional 5 100% · 20.0% denied

Why it denied Utah applicants

Debt-to-income ratio 1 100%

Where in Utah

Counties with the most CIBC Bank USA applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Wasatch County 220 0.0%
Salt Lake County 211 50.0%
Utah County 110 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: 5 applications in 2025, of which 4 were originated and 1 denied.

20.0% of all applications, or 20.0% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans CIBC Bank USA originated in Utah in 2025 was 5.56%, against a statewide median of 6.63%.

About this data. Figures are CIBC Bank USA'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