Plains Commerce Bank · Utah · 2025

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

Plains Commerce Bank took 1,405 mortgage applications in Utah in 2025, ranking #23 of 575 lenders active in the state. It originated 66.5% of them and denied 4.4% (6.2% of the applications it decided), against a statewide denial rate of 16.0%.

1.4kApplicationsin UT
6.2%Decision denial ratestate 19.2%
6.50%Median ratestate 6.63%
$385,000Median loanstate $305,000
$316MVolume24 counties

Plains Commerce Bank in Utah vs the state

4.4%Denial rate-11.55 pts vs state
6.2%Decision denial rate-12.96 pts vs state
66.5%Origination rate+3.24 pts vs state
6.50%Median rate-0.13 pts vs state
0.55Rate spread (pts)+0.31 pts vs state
$107kMedian applicant income
934Loans originated
62Denied

Trend in Utah

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236563872.1%6.75%#42
20241,0766781.9%6.63%#26
20251,4059344.4%6.50%#23

What Plains Commerce Bank lends in Utah

By loan purpose

Home purchase 1,305 93% · 4.1% denied
Refinance 54 4% · 9.3% denied
Cash-out refinance 43 3% · 9.3% denied
Other / HELOC 3 0% · 0.0% denied

By loan type

Conventional 840 60% · 4.1% denied
FHA 539 38% · 5.2% denied
VA 24 2% · 0.0% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Utah applicants

Debt-to-income ratio 32 52%
Collateral 13 21%
Unverifiable information 7 11%
Other 4 6%
Employment history 3 5%
Credit history 2 3%
Insufficient cash 1 2%

Where in Utah

Counties with the most Plains Commerce Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Salt Lake County 41525315 3.6%
Utah County 30821012 3.9%
Weber County 2091386 2.9%
Davis County 138998 5.8%
Tooele County 111707 6.3%
Box Elder County 47383 6.4%
Washington County 36310 0.0%
Cache County 36244 11.1%
Uintah County 28222 7.1%
Iron County 14110 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: 1,405 applications in 2025, of which 934 were originated and 62 denied.

4.4% of all applications, or 6.2% of the applications it actually decided on. The Utah statewide average across all lenders was 16.0%.

The median rate on loans Plains Commerce Bank originated in Utah in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Plains Commerce 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