JPMorgan Chase Bank · Utah · 2025

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

JPMorgan Chase Bank took 818 mortgage applications in Utah in 2025, ranking #40 of 575 lenders active in the state. It originated 59.1% of them and denied 10.9% (15.2% of the applications it decided), against a statewide denial rate of 16.0%.

818Applicationsin UT
15.2%Decision denial ratestate 19.2%
6.38%Median ratestate 6.63%
$445,000Median loanstate $305,000
$505MVolume19 counties

JPMorgan Chase Bank in Utah vs the state

10.9%Denial rate-5.08 pts vs state
15.2%Decision denial rate-3.97 pts vs state
59.1%Origination rate-4.19 pts vs state
6.38%Median rate-0.25 pts vs state
0.00Rate spread (pts)-0.24 pts vs state
$172kMedian applicant income
483Loans originated
89Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235153219.9%6.50%#51
202456032013.0%6.63%#51
202581848310.9%6.38%#40

What JPMorgan Chase Bank lends in Utah

By loan purpose

Home purchase 423 52% · 9.9% denied
Refinance 131 16% · 6.9% denied
Cash-out refinance 113 14% · 17.7% denied
Home improvement 46 6% · 10.9% denied
Other / HELOC 105 13% · 12.4% denied

By loan type

Conventional 802 98% · 10.5% denied
FHA 13 2% · 23.1% denied
VA 3 0% · 66.7% denied

Why it denied Utah applicants

Debt-to-income ratio 41 46%
Collateral 21 24%
Other 9 10%
Unverifiable information 6 7%
Credit history 6 7%
Employment history 4 4%
Insufficient cash 2 2%

Where in Utah

Counties with the most JPMorgan Chase Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 29617033 11.1%
Utah County 1517726 17.2%
Summit County 84615 6.0%
Davis County 75405 6.7%
Washington County 59424 6.8%
Wasatch County 52365 9.6%
Weber County 43195 11.6%
Iron County 1792 11.8%
Cache County 1491 7.1%
Tooele County 650 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: 818 applications in 2025, of which 483 were originated and 89 denied.

10.9% of all applications, or 15.2% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans JPMorgan Chase Bank originated in Utah in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are JPMorgan Chase 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