Direct Mortgage in Colorado vs the state
18.8%Denial rate+3.19 pts vs state
19.1%Decision denial rate-0.61 pts vs state
80.0%Origination rate+19.98 pts vs state
5.88%Median rate-0.75 pts vs state
—Rate spread (pts)
$124kMedian applicant income
68Loans originated
16Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 21 | 19 | 9.5% | 6.50% | #392 |
| 2024 | 32 | 28 | 12.5% | 6.13% | #346 |
| 2025 | 85 | 68 | 18.8% | 5.88% | #243 |
What Direct Mortgage lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most Direct Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Arapahoe County | 18 | 16 | 2 | 11.1% |
| Adams County | 16 | 12 | 3 | 18.8% |
| Denver County | 12 | 8 | 4 | 33.3% |
| Douglas County | 10 | 7 | 3 | 30.0% |
| Jefferson County | 7 | 6 | 1 | 14.3% |
| El Paso County | 6 | 6 | 0 | 0.0% |
| Weld County | 5 | 4 | 1 | 20.0% |
| Summit County | 3 | 2 | 1 | 33.3% |
| Boulder County | 3 | 3 | 0 | 0.0% |
| Broomfield County | 1 | 0 | 1 | 100.0% |
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: 85 applications in 2025, of which 68 were originated and 16 denied.
18.8% of all applications, or 19.1% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans Direct Mortgage originated in Colorado in 2025 was 5.88%, against a statewide median of 6.63%.
About this data. Figures are Direct 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