# State Bank of Southern Utah

> **Canonical URL:** https://saferate.com/lenders/state-bank-of-southern-utah


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


State Bank of Southern Utah is a bank, headquartered in Cedar City, UT, serving borrowers across 3 states, with 143 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 40% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 58% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300IQGEUYRQBJC007
- **Headquarters:** Cedar City, UT
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** AZ, NV, UT
- **Markets (MSAs):** 2
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 60/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 42/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.230%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $404
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 143
- **Dollar Volume:** $50 million
- **Applications Received:** 246
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $351,853
- **Average Borrower Income:** $145,881
- **Average Property Value:** $618,776

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 42/100 | 139 | +0.226% | $435 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 123 loans, Score: 43/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 42/100 | 127 | $46M | +0.239% | Sound ☺️ |
| Refinance | 28/100 | 16 | $4M | +0.153% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| UT | 140 | 0.31% | 75/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 123 | 64/100 |
| St. George, UT | UT | 18 | 58/100 |

## Where This Lender Ranks

State Bank of Southern Utah appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#6** in Utah Banks
  - [View Full Rankings](https://saferate.com/utah/best-mortgage-lenders/banks)
- 🏆 **#9** in St. George, UT for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/st-george-ut/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#10** in Utah for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/utah/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#19** in Utah
  - [View Full Rankings](https://saferate.com/utah/best-mortgage-lenders)

## Frequently Asked Questions

### What loan types does State Bank of Southern Utah offer?

State Bank of Southern Utah offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does State Bank of Southern Utah offer mortgages?

State Bank of Southern Utah offers mortgages in 3 states: AZ, NV, UT.

### How competitive are State Bank of Southern Utah's mortgage rates?

State Bank of Southern Utah has a pricing score of 60/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.230% above market average.

### What type of lender is State Bank of Southern Utah?

State Bank of Southern Utah is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Cedar City, UT.

### What is State Bank of Southern Utah's loan approval success rate?

State Bank of Southern Utah has a pull-through score of 42/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/state-bank-of-southern-utah

### How to Cite

> "State Bank of Southern Utah Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/state-bank-of-southern-utah

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