Gateway First Bank in Utah vs the state
11.1%Denial rate-4.85 pts vs state
15.4%Decision denial rate-3.80 pts vs state
61.1%Origination rate-2.13 pts vs state
6.38%Median rate-0.25 pts vs state
0.27Rate spread (pts)+0.03 pts vs state
$112kMedian applicant income
22Loans originated
4Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 10 | 4 | 0.0% | 6.69% | #271 |
| 2024 | 5 | 4 | 0.0% | 7.50% | #327 |
| 2025 | 36 | 22 | 11.1% | 6.38% | #203 |
What Gateway First Bank lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most Gateway First Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Utah County | 15 | 9 | 0 | 0.0% |
| Salt Lake County | 12 | 7 | 1 | 8.3% |
| Washington County | 2 | 2 | 0 | 0.0% |
| Weber County | 2 | 1 | 1 | 50.0% |
| Box Elder County | 1 | 0 | 1 | 100.0% |
| Summit County | 1 | 1 | 0 | 0.0% |
| Wasatch County | 1 | 1 | 0 | 0.0% |
| Iron County | 1 | 0 | 1 | 100.0% |
| Tooele County | 1 | 1 | 0 | 0.0% |
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: 36 applications in 2025, of which 22 were originated and 4 denied.
11.1% of all applications, or 15.4% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans Gateway First Bank originated in Utah in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Gateway First 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