MidFirst Bank · Utah · 2025

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

MidFirst Bank took 49 mortgage applications in Utah in 2025, ranking #173 of 575 lenders active in the state. It originated 85.7% of them and denied 2.0% (2.3% of the applications it decided), against a statewide denial rate of 16.0%.

49Applicationsin UT
2.3%Decision denial ratestate 19.2%
6.06%Median ratestate 6.63%
$1,175,000Median loanstate $305,000
$63MVolume11 counties

MidFirst Bank in Utah vs the state

2.0%Denial rate-13.92 pts vs state
2.3%Decision denial rate-16.91 pts vs state
85.7%Origination rate+22.47 pts vs state
6.06%Median rate-0.56 pts vs state
-0.08Rate spread (pts)-0.32 pts vs state
$515kMedian applicant income
42Loans originated
1Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
202329250.0%6.13%#179
2024302116.7%6.88%#189
202549422.0%6.06%#173

What MidFirst Bank lends in Utah

By loan purpose

Home purchase 23 47% · 0.0% denied
Refinance 17 35% · 5.9% denied
Home improvement 3 6% · 0.0% denied
Other / HELOC 6 12% · 0.0% denied

By loan type

Conventional 49 100% · 2.0% denied

Why it denied Utah applicants

Debt-to-income ratio 1 100%

Where in Utah

Counties with the most MidFirst Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Summit County 1291 8.3%
Salt Lake County 1180 0.0%
Utah County 870 0.0%
Wasatch County 440 0.0%
Washington County 440 0.0%
Davis County 330 0.0%
Weber County 220 0.0%
Morgan County 220 0.0%
Kane County 110 0.0%
Iron County 110 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: 49 applications in 2025, of which 42 were originated and 1 denied.

2.0% of all applications, or 2.3% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans MidFirst Bank originated in Utah in 2025 was 6.06%, against a statewide median of 6.63%.

About this data. Figures are MidFirst 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