Glacier Bank · Utah · 2025

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

Glacier Bank took 541 mortgage applications in Utah in 2025, ranking #55 of 575 lenders active in the state. It originated 49.7% of them and denied 19.8% (27.9% of the applications it decided), against a statewide denial rate of 16.0%.

541Applicationsin UT
27.9%Decision denial ratestate 19.2%
6.88%Median ratestate 6.63%
$405,000Median loanstate $305,000
$141MVolume21 counties

Glacier Bank in Utah vs the state

19.8%Denial rate+3.82 pts vs state
27.9%Decision denial rate+8.68 pts vs state
49.7%Origination rate-13.52 pts vs state
6.88%Median rate+0.25 pts vs state
0.31Rate spread (pts)+0.07 pts vs state
$163kMedian applicant income
269Loans originated
107Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
202348923615.1%7.44%#54
202449726018.5%7.37%#54
202554126919.8%6.88%#55

What Glacier Bank lends in Utah

By loan purpose

Home purchase 327 60% · 12.2% denied
Refinance 99 18% · 24.2% denied
Cash-out refinance 25 5% · 36.0% denied
Home improvement 51 9% · 31.4% denied
Other / HELOC 39 7% · 46.2% denied

By loan type

Conventional 511 94% · 18.2% denied
FHA 17 3% · 58.8% denied
VA 8 1% · 37.5% denied
USDA / RHS 5 1% · 20.0% denied

Why it denied Utah applicants

Debt-to-income ratio 71 66%
Collateral 17 16%
Credit history 12 11%
Unverifiable information 3 3%
Other 3 3%
Insufficient cash 1 1%

Where in Utah

Counties with the most Glacier Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Utah County 1247218 14.5%
Salt Lake County 723715 20.8%
Washington County 683014 20.6%
Davis County 55329 16.4%
Cache County 552117 30.9%
Weber County 31107 22.6%
Summit County 29146 20.7%
Box Elder County 24154 16.7%
Wasatch County 2396 26.1%
Iron County 1674 25.0%

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: 541 applications in 2025, of which 269 were originated and 107 denied.

19.8% of all applications, or 27.9% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Glacier Bank originated in Utah in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Glacier 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