First National Bank of America · Utah · 2025

First National Bank of America in Utah: approval rate, denial rate and rates (2025)

First National Bank of America took 29 mortgage applications in Utah in 2025, ranking #211 of 575 lenders active in the state. It originated 62.1% of them and denied 24.1% (28.0% of the applications it decided), against a statewide denial rate of 16.0%.

29Applicationsin UT
28.0%Decision denial ratestate 19.2%
8.81%Median ratestate 6.63%
$375,000Median loanstate $305,000
$6.3MVolume7 counties

First National Bank of America in Utah vs the state

24.1%Denial rate+8.18 pts vs state
28.0%Decision denial rate+8.82 pts vs state
62.1%Origination rate-1.17 pts vs state
8.81%Median rate+2.19 pts vs state
2.82Rate spread (pts)+2.58 pts vs state
$107kMedian applicant income
18Loans originated
7Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023321621.9%9.88%#177
2024432318.6%9.13%#170
2025291824.1%8.81%#211

What First National Bank of America lends in Utah

By loan purpose

Home purchase 20 69% · 20.0% denied
Refinance 4 14% · 25.0% denied
Cash-out refinance 2 7% · 0.0% denied
Home improvement 1 3% · 0.0% denied
Other / HELOC 2 7% · 100.0% denied

By loan type

Conventional 29 100% · 24.1% denied

Why it denied Utah applicants

Debt-to-income ratio 2 29%
Incomplete application 2 29%
Collateral 2 29%
Insufficient cash 1 14%

Where in Utah

Counties with the most First National Bank of America applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 1081 10.0%
Utah County 832 25.0%
Washington County 541 20.0%
Weber County 211 50.0%
Millard County 202 100.0%
Box Elder County 110 0.0%
Davis 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: 29 applications in 2025, of which 18 were originated and 7 denied.

24.1% of all applications, or 28.0% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans First National Bank of America originated in Utah in 2025 was 8.81%, against a statewide median of 6.63%.

About this data. Figures are First National Bank of America'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