HSBC Bank USA in Utah vs the state
14.3%Denial rate-1.67 pts vs state
16.7%Decision denial rate-2.51 pts vs state
71.4%Origination rate+8.19 pts vs state
5.98%Median rate-0.65 pts vs state
-0.16Rate spread (pts)-0.40 pts vs state
$752kMedian applicant income
10Loans originated
2Denied
Trend in Utah
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 6 | 3 | 16.7% | 7.06% | #308 |
| 2024 | 13 | 8 | 0.0% | 6.75% | #249 |
| 2025 | 14 | 10 | 14.3% | 5.98% | #261 |
What HSBC Bank USA lends in Utah
By loan purpose
By loan type
Why it denied Utah applicants
Where in Utah
Counties with the most HSBC Bank USA applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Summit County | 4 | 4 | 0 | 0.0% |
| Salt Lake County | 4 | 3 | 0 | 0.0% |
| Wasatch County | 3 | 2 | 1 | 33.3% |
| Utah County | 2 | 1 | 1 | 50.0% |
| Davis County | 1 | 0 | 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: 14 applications in 2025, of which 10 were originated and 2 denied.
14.3% of all applications, or 16.7% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.
The median rate on loans HSBC Bank USA originated in Utah in 2025 was 5.98%, against a statewide median of 6.63%.
About this data. Figures are HSBC Bank USA'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