Devon Bank · Utah · 2025

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

Devon Bank took 15 mortgage applications in Utah in 2025, ranking #257 of 575 lenders active in the state. It originated 66.7% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 16.0%.

15Applicationsin UT
0.0%Decision denial ratestate 19.2%
Median ratestate 6.63%
$475,000Median loanstate $305,000
$4.7MVolume3 counties

Devon Bank in Utah vs the state

0.0%Denial rate-15.96 pts vs state
0.0%Decision denial rate-19.18 pts vs state
66.7%Origination rate+3.43 pts vs state
Median rate
Rate spread (pts)
$156kMedian applicant income
10Loans originated
0Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024850.0%6.63%#284
202515100.0%#257

What Devon Bank lends in Utah

By loan purpose

Home purchase 13 87% · 0.0% denied
Refinance 1 7% · 0.0% denied
Cash-out refinance 1 7% · 0.0% denied

By loan type

Conventional 15 100% · 0.0% denied

Where in Utah

Counties with the most Devon Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 1280 0.0%
Utah County 210 0.0%
Tooele 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: 15 applications in 2025, of which 10 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are Devon 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