First American Bank · Colorado · 2025

First American Bank in Colorado: approval rate, denial rate and rates (2025)

First American Bank took 14 mortgage applications in Colorado in 2025, ranking #461 of 1,114 lenders active in the state. It originated 64.3% of them and denied 21.4% (23.1% of the applications it decided), against a statewide denial rate of 15.6%.

14Applicationsin CO
23.1%Decision denial ratestate 19.7%
7.50%Median ratestate 6.63%
$150,000Median loanstate $325,000
$1.7MVolume9 counties

First American Bank in Colorado vs the state

21.4%Denial rate+5.80 pts vs state
23.1%Decision denial rate+3.42 pts vs state
64.3%Origination rate+4.27 pts vs state
7.50%Median rate+0.88 pts vs state
0.22Rate spread (pts)+0.07 pts vs state
$151kMedian applicant income
9Loans originated
3Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
202321169.5%8.24%#393
20241190.0%8.50%#485
202514921.4%7.50%#461

What First American Bank lends in Colorado

By loan purpose

Home purchase 2 14% · 50.0% denied
Refinance 1 7% · 0.0% denied
Home improvement 6 43% · 0.0% denied
Other / HELOC 5 36% · 40.0% denied

By loan type

Conventional 14 100% · 21.4% denied

Why it denied Colorado applicants

Debt-to-income ratio 3 100%

Where in Colorado

Counties with the most First American Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
El Paso County 330 0.0%
Arapahoe County 301 33.3%
Eagle County 211 50.0%
Weld County 110 0.0%
Jefferson County 110 0.0%
Denver County 101 100.0%
Adams County 110 0.0%
Larimer County 110 0.0%
Montezuma County 110 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: 14 applications in 2025, of which 9 were originated and 3 denied.

21.4% of all applications, or 23.1% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans First American Bank originated in Colorado in 2025 was 7.50%, against a statewide median of 6.63%.

About this data. Figures are First American 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