Bank of Colorado · Arizona · 2025

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

Bank of Colorado took 118 mortgage applications in Arizona in 2025, ranking #228 of 1,082 lenders active in the state. It originated 83.1% of them and denied 2.5% (2.9% of the applications it decided), against a statewide denial rate of 16.2%.

118Applicationsin AZ
2.9%Decision denial ratestate 20.4%
6.63%Median ratestate 6.50%
$400,000Median loanstate $275,000
$59MVolume6 counties

Bank of Colorado in Arizona vs the state

2.5%Denial rate-13.69 pts vs state
2.9%Decision denial rate-17.53 pts vs state
83.1%Origination rate+23.57 pts vs state
6.63%Median rate+0.13 pts vs state
0.10Rate spread (pts)-0.13 pts vs state
$155kMedian applicant income
98Loans originated
3Denied

Trend in Arizona

YearApplicationsOriginatedDenial rateMedian rateRank in state
202393776.5%7.24%#238
202472564.2%7.15%#275
2025118982.5%6.63%#228

What Bank of Colorado lends in Arizona

By loan purpose

Home purchase 77 65% · 1.3% denied
Refinance 12 10% · 8.3% denied
Cash-out refinance 5 4% · 0.0% denied
Home improvement 16 14% · 6.3% denied
Other / HELOC 8 7% · 0.0% denied

By loan type

Conventional 110 93% · 2.7% denied
FHA 6 5% · 0.0% denied
VA 2 2% · 0.0% denied

Why it denied Arizona applicants

Debt-to-income ratio 1 33%
Credit history 1 33%
Incomplete application 1 33%

Where in Arizona

Counties with the most Bank of Colorado applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Yavapai County 74612 2.7%
Maricopa County 30251 3.3%
Coconino County 1080 0.0%
Gila County 220 0.0%
Pinal County 110 0.0%
Pima County 110 0.0%

Other large lenders in Arizona

LenderGradeApplicationsDenial rateMedian rate
United Shore Financial ServicesB 25,38310.2%6.25%
Rocket MortgageC 17,94715.6%6.75%
Desert Financial Credit UnionB 16,97024.3%6.49%
Crosscountry MortgageB 7,5703.8%6.58%
Fairway Independent MortgageB 6,7295.6%6.63%
Bank of AmericaF 6,22932.2%6.24%
Loandepot.ComD 6,18016.1%5.99%
Pennymac Loan ServicesC 5,83811.7%6.62%
Nova Financial & InvestmentC 5,38016.2%6.49%
Freedom MortgageB 4,9917.0%6.00%

Frequently asked questions

Arizona: 118 applications in 2025, of which 98 were originated and 3 denied.

2.5% of all applications, or 2.9% of the applications it actually decided on. The Arizona statewide average across all lenders was 16.2%.

The median rate on loans Bank of Colorado originated in Arizona in 2025 was 6.63%, against a statewide median of 6.50%.

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