Ixonia Bank · Utah · 2025

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

Ixonia Bank took 21 mortgage applications in Utah in 2025, ranking #234 of 575 lenders active in the state. It originated 52.4% of them and denied 4.8% (7.7% of the applications it decided), against a statewide denial rate of 16.0%.

21Applicationsin UT
7.7%Decision denial ratestate 19.2%
6.88%Median ratestate 6.63%
$455,000Median loanstate $305,000
$5.4MVolume12 counties

Ixonia Bank in Utah vs the state

4.8%Denial rate-11.20 pts vs state
7.7%Decision denial rate-11.49 pts vs state
52.4%Origination rate-10.86 pts vs state
6.88%Median rate+0.25 pts vs state
0.63Rate spread (pts)+0.39 pts vs state
$139kMedian applicant income
11Loans originated
1Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023540.0%6.94%#318
20241785.9%6.69%#234
202521114.8%6.88%#234

What Ixonia Bank lends in Utah

By loan purpose

Home purchase 11 52% · 0.0% denied
Refinance 2 10% · 0.0% denied
Cash-out refinance 5 24% · 20.0% denied
Other / HELOC 3 14% · 0.0% denied

By loan type

Conventional 15 71% · 6.7% denied
FHA 4 19% · 0.0% denied
VA 2 10% · 0.0% denied

Why it denied Utah applicants

Debt-to-income ratio 1 100%

Where in Utah

Counties with the most Ixonia Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Tooele County 510 0.0%
Washington County 330 0.0%
Salt Lake County 320 0.0%
Utah County 220 0.0%
Kane County 110 0.0%
Sevier County 100 0.0%
Summit County 110 0.0%
Weber County 110 0.0%
Cache County 100 0.0%
Davis County 100 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: 21 applications in 2025, of which 11 were originated and 1 denied.

4.8% of all applications, or 7.7% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

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

About this data. Figures are Ixonia 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