BOKF · Colorado · 2025

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

BOKF took 1,443 mortgage applications in Colorado in 2025, ranking #41 of 1,114 lenders active in the state. It originated 59.1% of them and denied 15.7% (20.7% of the applications it decided), against a statewide denial rate of 15.6%.

1.4kApplicationsin CO
20.7%Decision denial ratestate 19.7%
6.50%Median ratestate 6.63%
$285,000Median loanstate $325,000
$509MVolume39 counties

BOKF in Colorado vs the state

15.7%Denial rate+0.10 pts vs state
20.7%Decision denial rate+1.05 pts vs state
59.1%Origination rate-0.91 pts vs state
6.50%Median rate-0.13 pts vs state
0.22Rate spread (pts)+0.07 pts vs state
$146kMedian applicant income
853Loans originated
227Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,06063124.8%6.88%#56
20241,19177314.1%6.75%#50
20251,44385315.7%6.50%#41

What BOKF lends in Colorado

By loan purpose

Home purchase 682 47% · 7.3% denied
Refinance 251 17% · 17.5% denied
Cash-out refinance 71 5% · 23.9% denied
Home improvement 191 13% · 19.9% denied
Other / HELOC 248 17% · 31.5% denied

By loan type

Conventional 1,338 93% · 15.6% denied
FHA 90 6% · 17.8% denied
VA 15 1% · 13.3% denied

Why it denied Colorado applicants

Debt-to-income ratio 111 49%
Credit history 41 18%
Collateral 34 15%
Other 26 11%
Unverifiable information 7 3%
Incomplete application 6 3%
Insufficient cash 2 1%

Where in Colorado

Counties with the most BOKF applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Arapahoe County 22913138 16.6%
Summit County 19414512 6.2%
Denver County 18410541 22.3%
Jefferson County 1378125 18.2%
Adams County 1337631 23.3%
Douglas County 1176716 13.7%
Eagle County 73418 11.0%
El Paso County 663113 19.7%
Weld County 623410 16.1%
Boulder County 50349 18.0%

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: 1,443 applications in 2025, of which 853 were originated and 227 denied.

15.7% of all applications, or 20.7% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

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

About this data. Figures are BOKF'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