American Financing · Colorado · 2025

American Financing in Colorado: approval rate, denial rate and rates (2025)

American Financing took 4,937 mortgage applications in Colorado in 2025, ranking #7 of 1,114 lenders active in the state. It originated 28.4% of them and denied 41.3% (54.2% of the applications it decided), against a statewide denial rate of 15.6%.

4.9kApplicationsin CO
54.2%Decision denial ratestate 19.7%
6.38%Median ratestate 6.63%
$315,000Median loanstate $325,000
$385MVolume59 counties

American Financing in Colorado vs the state

41.3%Denial rate+25.67 pts vs state
54.2%Decision denial rate+34.51 pts vs state
28.4%Origination rate-31.66 pts vs state
6.38%Median rate-0.25 pts vs state
0.22Rate spread (pts)+0.07 pts vs state
$103kMedian applicant income
1,400Loans originated
2,039Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233,40485237.4%6.50%#11
20244,5691,31644.8%6.13%#9
20254,9371,40041.3%6.38%#7

What American Financing lends in Colorado

By loan purpose

Home purchase 454 9% · 1.8% denied
Refinance 1,191 24% · 65.9% denied
Cash-out refinance 2,545 52% · 42.7% denied
Other / HELOC 747 15% · 21.4% denied

By loan type

Conventional 2,262 46% · 26.8% denied
FHA 2,424 49% · 54.6% denied
VA 251 5% · 43.4% denied

Why it denied Colorado applicants

Other 741 36%
Credit history 560 27%
Debt-to-income ratio 479 23%
Collateral 118 6%
Incomplete application 64 3%
Unverifiable information 46 2%
Employment history 20 1%
Insufficient cash 11 1%

Where in Colorado

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Adams County 862241400 46.4%
Arapahoe County 810253331 40.9%
Jefferson County 666202229 34.4%
Weld County 643191266 41.4%
Denver County 456104205 45.0%
Douglas County 39998159 39.8%
Larimer County 1995981 40.7%
El Paso County 1582589 56.3%
Boulder County 1163043 37.1%
Elbert County 641424 37.5%

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%
FirstBankC 4,92915.6%7.00%
Canvas Credit UnionC 4,88913.7%7.89%
ElevationsC 4,42610.8%6.88%
Pennymac Loan ServicesC 3,97010.5%6.38%

Frequently asked questions

Colorado: 4,937 applications in 2025, of which 1,400 were originated and 2,039 denied.

41.3% of all applications, or 54.2% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans American Financing originated in Colorado in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are American Financing'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