Alpine Bank · Colorado · 2025

Alpine Bank in Colorado: approval rate, denial rate and rates (2025)

Alpine Bank took 2,096 mortgage applications in Colorado in 2025, ranking #30 of 1,114 lenders active in the state. It originated 71.1% of them and denied 11.8% (13.2% of the applications it decided), against a statewide denial rate of 15.6%.

2.1kApplicationsin CO
13.2%Decision denial ratestate 19.7%
8.00%Median ratestate 6.63%
$255,000Median loanstate $325,000
$622MVolume38 counties

Alpine Bank in Colorado vs the state

11.8%Denial rate-3.85 pts vs state
13.2%Decision denial rate-6.42 pts vs state
71.1%Origination rate+11.07 pts vs state
8.00%Median rate+1.38 pts vs state
0.95Rate spread (pts)+0.79 pts vs state
$141kMedian applicant income
1,490Loans originated
247Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,6001,12612.4%8.81%#39
20241,6501,21112.0%9.13%#36
20252,0961,49011.8%8.00%#30

What Alpine Bank lends in Colorado

By loan purpose

Home purchase 862 41% · 11.5% denied
Refinance 518 25% · 13.5% denied
Cash-out refinance 52 2% · 25.0% denied
Home improvement 470 22% · 8.1% denied
Other / HELOC 194 9% · 13.9% denied

By loan type

Conventional 2,077 99% · 11.7% denied
FHA 9 0% · 44.4% denied
VA 10 0% · 10.0% denied

Why it denied Colorado applicants

Debt-to-income ratio 129 52%
Collateral 59 24%
Credit history 51 21%
Unverifiable information 5 2%
Insufficient cash 2 1%
Employment history 1 0%

Where in Colorado

Counties with the most Alpine Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Garfield County 52436666 12.6%
Mesa County 23318519 8.2%
Eagle County 20313126 12.8%
Pitkin County 17812815 8.4%
La Plata County 1278915 11.8%
Routt County 1097813 11.9%
Summit County 1097314 12.8%
Montrose County 866114 16.3%
San Miguel County 80654 5.0%
Denver County 61457 11.5%

Other large lenders in Colorado

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 23,1118.8%6.13%
ENT Credit UnionB 13,23820.9%7.50%
Rocket MortgageC 11,48615.7%6.61%
Guild MortgageA 6,2323.1%6.62%
Bellco Credit UnionF 5,86340.9%8.00%
U.S. BankD 4,97836.0%7.95%
American FinancingD 4,93741.3%6.38%
FirstBankC 4,92915.6%7.00%
Canvas Credit UnionC 4,88913.7%7.89%
ElevationsC 4,42610.8%6.88%

Frequently asked questions

Colorado: 2,096 applications in 2025, of which 1,490 were originated and 247 denied.

11.8% of all applications, or 13.2% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Alpine Bank originated in Colorado in 2025 was 8.00%, against a statewide median of 6.63%.

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