NBH Bank · Utah · 2025

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

NBH Bank took 79 mortgage applications in Utah in 2025, ranking #143 of 575 lenders active in the state. It originated 44.3% of them and denied 11.4% (20.0% of the applications it decided), against a statewide denial rate of 16.0%.

79Applicationsin UT
20.0%Decision denial ratestate 19.2%
6.99%Median ratestate 6.63%
$735,000Median loanstate $305,000
$41MVolume10 counties

NBH Bank in Utah vs the state

11.4%Denial rate-4.57 pts vs state
20.0%Decision denial rate+0.82 pts vs state
44.3%Origination rate-18.94 pts vs state
6.99%Median rate+0.37 pts vs state
0.67Rate spread (pts)+0.43 pts vs state
$316kMedian applicant income
35Loans originated
9Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232058914.6%7.69%#91
20241245319.4%8.48%#113
2025793511.4%6.99%#143

What NBH Bank lends in Utah

By loan purpose

Home purchase 49 62% · 4.1% denied
Refinance 12 15% · 8.3% denied
Cash-out refinance 5 6% · 20.0% denied
Home improvement 6 8% · 33.3% denied
Other / HELOC 7 9% · 42.9% denied

By loan type

Conventional 78 99% · 10.3% denied
FHA 1 1% · 100.0% denied

Why it denied Utah applicants

Debt-to-income ratio 4 44%
Unverifiable information 2 22%
Employment history 1 11%
Credit history 1 11%
Collateral 1 11%

Where in Utah

Counties with the most NBH Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Utah County 2787 25.9%
Wasatch County 18131 5.6%
Salt Lake County 16101 6.3%
Millard County 510 0.0%
Uintah County 400 0.0%
Summit County 420 0.0%
Washington County 210 0.0%
Cache County 100 0.0%
Duchesne County 100 0.0%
Iron 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: 79 applications in 2025, of which 35 were originated and 9 denied.

11.4% of all applications, or 20.0% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans NBH Bank originated in Utah in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are NBH 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