Better Mortgage in Colorado vs the state
24.2%Denial rate+8.53 pts vs state
36.4%Decision denial rate+16.70 pts vs state
41.8%Origination rate-18.22 pts vs state
6.50%Median rate-0.13 pts vs state
0.22Rate spread (pts)+0.07 pts vs state
$158kMedian applicant income
512Loans originated
296Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 262 | 109 | 3.8% | 6.00% | #139 |
| 2024 | 331 | 123 | 9.1% | 6.63% | #121 |
| 2025 | 1,225 | 512 | 24.2% | 6.50% | #55 |
What Better Mortgage lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most Better Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Larimer County | 149 | 87 | 29 | 19.5% |
| Jefferson County | 142 | 55 | 37 | 26.1% |
| Weld County | 137 | 96 | 18 | 13.1% |
| Denver County | 124 | 47 | 36 | 29.0% |
| Adams County | 97 | 37 | 20 | 20.6% |
| Arapahoe County | 96 | 31 | 21 | 21.9% |
| El Paso County | 93 | 30 | 22 | 23.7% |
| Douglas County | 90 | 38 | 18 | 20.0% |
| Boulder County | 78 | 30 | 16 | 20.5% |
| Broomfield County | 24 | 12 | 2 | 8.3% |
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: 1,225 applications in 2025, of which 512 were originated and 296 denied.
24.2% of all applications, or 36.4% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans Better Mortgage originated in Colorado in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Better Mortgage'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