Mortgage lender · Greenwood Village, CO · LEI PINLJ7T7GLTF48NFP863

Colorado Federal Savings Bank review: approval odds, rates and grade (2025)

Colorado Federal Savings Bank earns an A, placing it in the top fifth of mid-size mortgage lenders. It turned down 6.3% of the applications it decided on in 2025, which ranks in the 64th percentile for approval odds. Its median loan was priced 0.07 points below the average prime offer rate, ranking in the 85th percentile on pricing. Compared against 581 mid-size mortgage lenders using 2025 HMDA filings.

1.5kApplications2025
77.2%Originatedof applications
6.3%Decision denial ratenational 22.6%
6.38%Median ratenational 6.63%
$527MLoan volume24 states

Colorado Federal Savings Bank at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

5.3%Denial rate (all applications)-12.72 pts vs national
6.3%Denial rate (decided applications)-16.25 pts vs national
77.2%Origination rate+19.14 pts vs national
15.5%Withdrawn by applicant
1.5%Closed for incompleteness
6.38%Median interest rate-0.25 pts vs national
-0.07Median rate spread (pts over APOR)-0.32 pts vs national
$405,000Median loan amount
$4,253Median total loan costs
$139kMedian applicant income
80%Median loan-to-value
0High-cost (HOEPA) loans

How the A grade breaks down

Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

64th6.3% denied

Pricingmedian rate spread over APOR, weight 30%

85th-0.07 pts

Processwithdrawn + incomplete share, weight 15%

50th17.0%

Closing coststotal loan costs ÷ loan amount, weight 10%

91st1.05% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
20236984827.6%9.8%6.50%$203M
20241,1688348.0%9.9%6.50%$363M
20251,5201,1735.3%6.3%6.38%$527M

What Colorado Federal Savings Bank lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 1,203 79% · 4.5% denied
Refinance 279 18% · 8.6% denied
Cash-out refinance 35 2% · 5.7% denied
Home improvement 3 0% · 0.0% denied

By loan type

Conventional 1,520 100% · 5.3% denied

Also: 0 home-equity lines, 0 reverse mortgages, 9 manufactured homes, 45 investment properties.

Why Colorado Federal Savings Bank denies applications

Primary reason reported for each of the 80 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Collateral 29 36%
Debt-to-income ratio 29 36%
Credit history 7 9%
Other 7 9%
Employment history 4 5%
Unverifiable information 3 4%
Insufficient cash 1 1%

How these reasons compare nationally →

Who gets approved at Colorado Federal Savings Bank

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k412425.0%
$50k – $100k3692806.9%
$100k – $150k4423517.1%
$150k – $250k4673615.2%
Over $250k1781372.8%
Applicant ageApplicationsOriginatedDecision denial rate
Under 2559489.4%
25–345894625.5%
35–443993115.7%
45–541961468.1%
55–641551187.0%
65–7476569.7%
Over 7423127.7%

Where Colorado Federal Savings Bank lends

24 states and 184 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Massachusetts3622935.3%6.38%#101
Alabama2572004.3%6.38%#134
Louisiana110941.8%6.50%#171
Colorado106738.5%6.25%#223
Delaware99845.1%6.38%#84
Arkansas89649.0%6.50%#162
New York60405.0%6.38%#317
New Mexico54409.3%6.38%#144
Rhode Island52423.9%6.38%#94
Maine50364.0%6.38%#125
Nebraska46340.0%6.31%#148
Iowa37285.4%6.38%#253
Hawaii35238.6%6.38%#108
New Hampshire33273.0%6.38%#155
Montana32239.4%6.50%#118
Mississippi27183.7%6.38%#219
Vermont20155.0%6.50%#83
California13130.0%5.75%#701
South Dakota12716.7%6.00%#127
Wyoming1190.0%6.38%#139
District of Columbia7314.3%6.13%#212
West Virginia550.0%6.38%#326

Frequently asked questions

Colorado Federal Savings Bank denied 6.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 64th percentile of mid-size mortgage lenders.

The most common reason Colorado Federal Savings Bank gave in 2025 was "collateral", cited on 36.3% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Colorado Federal Savings Bank originated in 2025 was 6.38%, and its median rate spread over the average prime offer rate was -0.07 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 79% of its applications were for home purchases, 21% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Colorado Federal Savings Bank. Data sources · Methodology