Summit Funding · Idaho · 2025

Summit Funding in Idaho: approval rate, denial rate and rates (2025)

Summit Funding took 467 mortgage applications in Idaho in 2025, ranking #50 of 595 lenders active in the state. It originated 64.2% of them and denied 6.4% (9.1% of the applications it decided), against a statewide denial rate of 14.5%.

467Applicationsin ID
9.1%Decision denial ratestate 17.5%
6.50%Median ratestate 6.63%
$305,000Median loanstate $265,000
$92MVolume33 counties

Summit Funding in Idaho vs the state

6.4%Denial rate-8.03 pts vs state
9.1%Decision denial rate-8.46 pts vs state
64.2%Origination rate+1.22 pts vs state
6.50%Median rate-0.13 pts vs state
0.41Rate spread (pts)+0.26 pts vs state
$96kMedian applicant income
300Loans originated
30Denied

Trend in Idaho

YearApplicationsOriginatedDenial rateMedian rateRank in state
20234072624.2%6.75%#45
20243972675.8%6.63%#47
20254673006.4%6.50%#50

What Summit Funding lends in Idaho

By loan purpose

Home purchase 410 88% · 4.9% denied
Refinance 36 8% · 8.3% denied
Cash-out refinance 16 3% · 25.0% denied
Home improvement 1 0% · 100.0% denied
Other / HELOC 4 1% · 50.0% denied

By loan type

Conventional 284 61% · 6.7% denied
FHA 161 34% · 5.6% denied
VA 16 3% · 6.3% denied
USDA / RHS 6 1% · 16.7% denied

Why it denied Idaho applicants

Debt-to-income ratio 10 33%
Credit history 6 20%
Other 5 17%
Collateral 5 17%
Incomplete application 3 10%
Unverifiable information 1 3%

Where in Idaho

Counties with the most Summit Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bannock County 80536 7.5%
Bonneville County 75453 4.0%
Ada County 64481 1.6%
Kootenai County 63512 3.2%
Canyon County 45293 6.7%
Bingham County 25131 4.0%
Jefferson County 21133 14.3%
Caribou County 13100 0.0%
Bonner County 1071 10.0%
Teton County 823 37.5%

Other large lenders in Idaho

LenderGradeApplicationsDenial rateMedian rate
Idaho Central Credit UnionA 15,64416.5%7.00%
Rocket MortgageC 4,39113.3%6.63%
United Shore Financial ServicesB 3,9439.1%6.12%
Premier Mortgage ResourcesB 2,5042.7%6.25%
Mountain America Federal Credit UnionD 2,32337.7%7.24%
Guild MortgageA 2,3203.4%6.50%
U.S. BankD 2,16128.6%7.35%
Loandepot.ComD 1,62214.2%6.50%
Glacier BankD 1,50714.5%6.88%
Pennymac Loan ServicesC 1,29710.8%6.50%

Frequently asked questions

Idaho: 467 applications in 2025, of which 300 were originated and 30 denied.

6.4% of all applications, or 9.1% of the applications it actually decided on. The Idaho statewide average across all lenders was 14.5%.

The median rate on loans Summit Funding originated in Idaho in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Summit Funding's own HMDA filing for properties located in Idaho, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology