Bank of Colorado · Colorado · 2025

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

Bank of Colorado took 1,909 mortgage applications in Colorado in 2025, ranking #31 of 1,114 lenders active in the state. It originated 69.9% of them and denied 10.5% (12.8% of the applications it decided), against a statewide denial rate of 15.6%.

1.9kApplicationsin CO
12.8%Decision denial ratestate 19.7%
6.88%Median ratestate 6.63%
$295,000Median loanstate $325,000
$610MVolume46 counties

Bank of Colorado in Colorado vs the state

10.5%Denial rate-5.10 pts vs state
12.8%Decision denial rate-6.87 pts vs state
69.9%Origination rate+9.86 pts vs state
6.88%Median rate+0.25 pts vs state
0.37Rate spread (pts)+0.22 pts vs state
$140kMedian applicant income
1,334Loans originated
201Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,8961,26513.6%7.24%#29
20241,6971,15311.7%7.38%#34
20251,9091,33410.5%6.88%#31

What Bank of Colorado lends in Colorado

By loan purpose

Home purchase 1,006 53% · 5.5% denied
Refinance 347 18% · 11.8% denied
Cash-out refinance 72 4% · 18.1% denied
Home improvement 305 16% · 16.4% denied
Other / HELOC 179 9% · 23.5% denied

By loan type

Conventional 1,766 93% · 10.9% denied
FHA 112 6% · 4.5% denied
VA 26 1% · 11.5% denied
USDA / RHS 5 0% · 0.0% denied

Why it denied Colorado applicants

Debt-to-income ratio 110 55%
Credit history 40 20%
Employment history 18 9%
Collateral 15 7%
Other 13 6%
Unverifiable information 3 1%
Mortgage insurance denied 1 0%
Insufficient cash 1 0%

Where in Colorado

Counties with the most Bank of Colorado applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Larimer County 30721528 9.1%
Weld County 25818032 12.4%
Logan County 14310311 7.7%
La Plata County 123849 7.3%
Morgan County 1157811 9.6%
Mesa County 1068014 13.2%
Delta County 925019 20.7%
Garfield County 705010 14.3%
Montrose County 704314 20.0%
Denver County 64493 4.7%

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: 1,909 applications in 2025, of which 1,334 were originated and 201 denied.

10.5% of all applications, or 12.8% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Bank of Colorado originated in Colorado in 2025 was 6.88%, against a statewide median of 6.63%.

About this data. Figures are Bank of Colorado'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