Bank of America in Colorado vs the state
28.7%Denial rate+13.07 pts vs state
39.4%Decision denial rate+19.72 pts vs state
43.6%Origination rate-16.47 pts vs state
5.99%Median rate-0.63 pts vs state
0.27Rate spread (pts)+0.12 pts vs state
$158kMedian applicant income
965Loans originated
636Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,901 | 1,123 | 44.1% | 6.74% | #15 |
| 2024 | 2,030 | 837 | 29.7% | 6.88% | #27 |
| 2025 | 2,216 | 965 | 28.7% | 5.99% | #27 |
What Bank of America lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most Bank of America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Denver County | 364 | 190 | 91 | 25.0% |
| Arapahoe County | 274 | 117 | 79 | 28.8% |
| Jefferson County | 247 | 121 | 56 | 22.7% |
| Douglas County | 236 | 104 | 69 | 29.2% |
| El Paso County | 200 | 75 | 76 | 38.0% |
| Boulder County | 159 | 75 | 40 | 25.2% |
| Adams County | 135 | 45 | 57 | 42.2% |
| Larimer County | 97 | 41 | 29 | 29.9% |
| Weld County | 83 | 25 | 30 | 36.1% |
| Eagle County | 50 | 28 | 6 | 12.0% |
Other large lenders in Colorado
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 23,111 | 8.8% | 6.13% |
| ENT Credit Union | B | 13,238 | 20.9% | 7.50% |
| Rocket Mortgage | C | 11,486 | 15.7% | 6.61% |
| Guild Mortgage | A | 6,232 | 3.1% | 6.62% |
| Bellco Credit Union | F | 5,863 | 40.9% | 8.00% |
| U.S. Bank | D | 4,978 | 36.0% | 7.95% |
| American Financing | D | 4,937 | 41.3% | 6.38% |
| FirstBank | C | 4,929 | 15.6% | 7.00% |
| Canvas Credit Union | C | 4,889 | 13.7% | 7.89% |
| Elevations | C | 4,426 | 10.8% | 6.88% |
Frequently asked questions
Colorado: 2,216 applications in 2025, of which 965 were originated and 636 denied.
28.7% of all applications, or 39.4% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans Bank of America originated in Colorado in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Bank of America'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