Morgan Stanley Private Bank · Utah · 2025

Morgan Stanley Private Bank in Utah: approval rate, denial rate and rates (2025)

Morgan Stanley Private Bank took 177 mortgage applications in Utah in 2025, ranking #107 of 575 lenders active in the state. It originated 78.0% of them and denied 5.1% (5.9% of the applications it decided), against a statewide denial rate of 16.0%.

177Applicationsin UT
5.9%Decision denial ratestate 19.2%
5.84%Median ratestate 6.63%
$955,000Median loanstate $305,000
$195MVolume14 counties

Morgan Stanley Private Bank in Utah vs the state

5.1%Denial rate-10.88 pts vs state
5.9%Decision denial rate-13.26 pts vs state
78.0%Origination rate+14.73 pts vs state
5.84%Median rate-0.79 pts vs state
-0.21Rate spread (pts)-0.45 pts vs state
$398kMedian applicant income
138Loans originated
9Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231361057.4%5.75%#106
20241521202.6%5.99%#104
20251771385.1%5.84%#107

What Morgan Stanley Private Bank lends in Utah

By loan purpose

Home purchase 100 56% · 4.0% denied
Refinance 10 6% · 10.0% denied
Cash-out refinance 12 7% · 16.7% denied
Home improvement 3 2% · 33.3% denied
Other / HELOC 52 29% · 1.9% denied

By loan type

Conventional 177 100% · 5.1% denied

Why it denied Utah applicants

Debt-to-income ratio 7 78%
Collateral 1 11%
Other 1 11%

Where in Utah

Counties with the most Morgan Stanley Private Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Summit County 61455 8.2%
Salt Lake County 46351 2.2%
Wasatch County 30271 3.3%
Washington County 1181 9.1%
Utah County 1071 10.0%
Davis County 650 0.0%
Weber County 650 0.0%
Morgan County 110 0.0%
Kane County 100 0.0%
Tooele 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: 177 applications in 2025, of which 138 were originated and 9 denied.

5.1% of all applications, or 5.9% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Morgan Stanley Private Bank originated in Utah in 2025 was 5.84%, against a statewide median of 6.63%.

About this data. Figures are Morgan Stanley Private 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