Coloramo at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
22nd18.8% deniedPricingmedian rate spread over APOR, weight 30%
29th0.49 ptsProcesswithdrawn + incomplete share, weight 15%
28th16.9%Closing coststotal loan costs ÷ loan amount, weight 10%
19th3.01% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 179 | 141 | 12.3% | 13.5% | 8.50% | $16M |
| 2024 | 156 | 112 | 19.2% | 21.1% | 8.99% | $11M |
| 2025 | 160 | 107 | 15.6% | 18.8% | 8.49% | $17M |
What Coloramo 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
By loan type
Also: 73 home-equity lines, 0 reverse mortgages, 6 manufactured homes, 8 investment properties.
Why Coloramo denies applications
Primary reason reported for each of the 25 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Coloramo
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 27 | 12 | 45.8% |
| $50k – $100k | 49 | 29 | 23.7% |
| $100k – $150k | 40 | 28 | 15.2% |
| $150k – $250k | 31 | 29 | 0.0% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 35–44 | 39 | 27 | 25.0% |
| 45–54 | 39 | 29 | 12.1% |
| 55–64 | 25 | 17 | 14.3% |
| 65–74 | 29 | 18 | 18.2% |
Where Coloramo lends
2 states and 8 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Colorado | 159 | 107 | 15.1% | 8.49% | #198 |
Frequently asked questions
Coloramo denied 18.8% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 22nd percentile of small mortgage lenders.
The most common reason Coloramo gave in 2025 was "debt-to-income ratio", cited on 64.0% 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 Coloramo originated in 2025 was 8.49%, and its median rate spread over the average prime offer rate was 0.49 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 8% of its applications were for home purchases, 43% for refinancing (including cash-out), and 49% 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.