Citizens Bank · Colorado · 2025

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

Citizens Bank took 71 mortgage applications in Colorado in 2025, ranking #261 of 1,114 lenders active in the state. It originated 59.2% of them and denied 14.1% (18.9% of the applications it decided), against a statewide denial rate of 15.6%.

71Applicationsin CO
18.9%Decision denial ratestate 19.7%
6.25%Median ratestate 6.63%
$615,000Median loanstate $325,000
$75MVolume23 counties

Citizens Bank in Colorado vs the state

14.1%Denial rate-1.55 pts vs state
18.9%Decision denial rate-0.79 pts vs state
59.2%Origination rate-0.87 pts vs state
6.25%Median rate-0.38 pts vs state
-0.09Rate spread (pts)-0.24 pts vs state
$230kMedian applicant income
42Loans originated
10Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023866211.6%6.44%#225
2024462517.4%6.38%#298
2025714214.1%6.25%#261

What Citizens Bank lends in Colorado

By loan purpose

Home purchase 40 56% · 10.0% denied
Refinance 10 14% · 10.0% denied
Cash-out refinance 8 11% · 12.5% denied
Home improvement 2 3% · 50.0% denied
Other / HELOC 11 15% · 27.3% denied

By loan type

Conventional 66 93% · 13.6% denied
FHA 2 3% · 50.0% denied
VA 3 4% · 0.0% denied

Why it denied Colorado applicants

Other 4 40%
Collateral 2 20%
Incomplete application 2 20%
Employment history 1 10%
Debt-to-income ratio 1 10%

Where in Colorado

Counties with the most Citizens Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Denver County 1383 23.1%
Boulder County 860 0.0%
Larimer County 532 40.0%
Pitkin County 530 0.0%
Douglas County 431 25.0%
Jefferson County 431 25.0%
El Paso County 421 25.0%
Eagle County 320 0.0%
Summit County 311 33.3%
San Miguel County 320 0.0%

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: 71 applications in 2025, of which 42 were originated and 10 denied.

14.1% of all applications, or 18.9% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Citizens Bank originated in Colorado in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Citizens Bank'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