First Interstate Bank · Colorado · 2025

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

First Interstate Bank took 56 mortgage applications in Colorado in 2025, ranking #288 of 1,114 lenders active in the state. It originated 51.8% of them and denied 28.6% (34.0% of the applications it decided), against a statewide denial rate of 15.6%.

56Applicationsin CO
34.0%Decision denial ratestate 19.7%
8.25%Median ratestate 6.63%
$130,000Median loanstate $325,000
$5.1MVolume10 counties

First Interstate Bank in Colorado vs the state

28.6%Denial rate+12.94 pts vs state
34.0%Decision denial rate+14.38 pts vs state
51.8%Origination rate-8.23 pts vs state
8.25%Median rate+1.63 pts vs state
1.05Rate spread (pts)+0.89 pts vs state
$108kMedian applicant income
29Loans originated
16Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231006320.0%9.00%#212
2024965333.3%9.25%#223
2025562928.6%8.25%#288

What First Interstate Bank lends in Colorado

By loan purpose

Home purchase 9 16% · 11.1% denied
Refinance 7 13% · 28.6% denied
Home improvement 24 43% · 20.8% denied
Other / HELOC 16 29% · 50.0% denied

By loan type

Conventional 56 100% · 28.6% denied

Why it denied Colorado applicants

Debt-to-income ratio 14 88%
Collateral 1 6%
Credit history 1 6%

Where in Colorado

Counties with the most First Interstate Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Boulder County 1545 33.3%
Weld County 1246 50.0%
El Paso County 631 16.7%
Fremont County 642 33.3%
Larimer County 650 0.0%
Adams County 532 40.0%
Denver County 220 0.0%
Jefferson County 220 0.0%
Lake County 110 0.0%
Morgan 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: 56 applications in 2025, of which 29 were originated and 16 denied.

28.6% of all applications, or 34.0% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans First Interstate Bank originated in Colorado in 2025 was 8.25%, against a statewide median of 6.63%.

About this data. Figures are First Interstate 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