Commerce Bank in Colorado vs the state
12.7%Denial rate-2.94 pts vs state
17.0%Decision denial rate-2.66 pts vs state
60.1%Origination rate+0.05 pts vs state
6.38%Median rate-0.25 pts vs state
-0.09Rate spread (pts)-0.24 pts vs state
$184kMedian applicant income
161Loans originated
34Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 341 | 209 | 17.0% | 6.25% | #118 |
| 2024 | 329 | 181 | 20.1% | 6.38% | #124 |
| 2025 | 268 | 161 | 12.7% | 6.38% | #154 |
What Commerce Bank lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most Commerce Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Denver County | 84 | 51 | 11 | 13.1% |
| Arapahoe County | 41 | 21 | 6 | 14.6% |
| Douglas County | 35 | 22 | 3 | 8.6% |
| Jefferson County | 25 | 16 | 2 | 8.0% |
| Adams County | 24 | 18 | 3 | 12.5% |
| El Paso County | 10 | 2 | 4 | 40.0% |
| Larimer County | 6 | 5 | 0 | 0.0% |
| Summit County | 5 | 4 | 0 | 0.0% |
| Eagle County | 5 | 3 | 0 | 0.0% |
| Elbert County | 4 | 1 | 0 | 0.0% |
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: 268 applications in 2025, of which 161 were originated and 34 denied.
12.7% of all applications, or 17.0% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans Commerce Bank originated in Colorado in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Commerce 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