Commerce Home Mortgage · Colorado · 2025

Commerce Home Mortgage in Colorado: approval rate, denial rate and rates (2025)

Commerce Home Mortgage took 403 mortgage applications in Colorado in 2025, ranking #120 of 1,114 lenders active in the state. It originated 60.6% of them and denied 6.7% (9.9% of the applications it decided), against a statewide denial rate of 15.6%.

403Applicationsin CO
9.9%Decision denial ratestate 19.7%
7.00%Median ratestate 6.63%
$475,000Median loanstate $325,000
$146MVolume36 counties

Commerce Home Mortgage in Colorado vs the state

6.7%Denial rate-8.93 pts vs state
9.9%Decision denial rate-9.73 pts vs state
60.6%Origination rate+0.53 pts vs state
7.00%Median rate+0.38 pts vs state
0.59Rate spread (pts)+0.43 pts vs state
$193kMedian applicant income
244Loans originated
27Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20233321967.8%7.38%#124
20242861922.5%7.00%#133
20254032446.7%7.00%#120

What Commerce Home Mortgage lends in Colorado

By loan purpose

Home purchase 227 56% · 4.9% denied
Refinance 63 16% · 7.9% denied
Cash-out refinance 108 27% · 10.2% denied
Home improvement 5 1% · 0.0% denied

By loan type

Conventional 380 94% · 6.6% denied
FHA 14 3% · 14.3% denied
VA 9 2% · 0.0% denied

Why it denied Colorado applicants

Collateral 8 30%
Credit history 7 26%
Incomplete application 5 19%
Other 4 15%
Unverifiable information 3 11%

Where in Colorado

Counties with the most Commerce Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Denver County 57382 3.5%
Boulder County 55332 3.6%
Jefferson County 44301 2.3%
Larimer County 34242 5.9%
Arapahoe County 33203 9.1%
El Paso County 28161 3.6%
Douglas County 25181 4.0%
Weld County 24133 12.5%
Adams County 1482 14.3%
Mesa County 1130 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: 403 applications in 2025, of which 244 were originated and 27 denied.

6.7% of all applications, or 9.9% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Commerce Home Mortgage originated in Colorado in 2025 was 7.00%, against a statewide median of 6.63%.

About this data. Figures are Commerce Home Mortgage'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