Discover Bank in Utah vs the state
51.9%Denial rate+35.89 pts vs state
77.0%Decision denial rate+57.85 pts vs state
14.7%Origination rate-48.59 pts vs state
8.61%Median rate+1.98 pts vs state
1.99Rate spread (pts)+1.75 pts vs state
$119kMedian applicant income
91Loans originated
322Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,374 | 397 | 44.9% | 8.99% | #11 |
| 2024 | 2,218 | 387 | 50.1% | 8.86% | #12 |
| 2025 | 621 | 91 | 51.9% | 8.61% | #52 |
What Discover Bank lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Discover Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Salt Lake County | 225 | 33 | 117 | 52.0% |
| Utah County | 131 | 20 | 68 | 51.9% |
| Davis County | 60 | 10 | 29 | 48.3% |
| Weber County | 43 | 6 | 25 | 58.1% |
| Tooele County | 34 | 1 | 21 | 61.8% |
| Washington County | 33 | 5 | 14 | 42.4% |
| Cache County | 24 | 3 | 13 | 54.2% |
| Iron County | 13 | 1 | 7 | 53.8% |
| Wasatch County | 12 | 1 | 7 | 58.3% |
| Box Elder County | 9 | 3 | 5 | 55.6% |
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: 621 applications in 2025, of which 91 were originated and 322 denied.
51.9% of all applications, or 77.0% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Discover Bank originated in Utah in 2025 was 8.61%, against a statewide median of 6.63%.
About this data. Figures are Discover 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