Flagstar Bank in Colorado vs the state
32.3%Denial rate+16.63 pts vs state
41.2%Decision denial rate+21.52 pts vs state
45.2%Origination rate-14.86 pts vs state
6.50%Median rate-0.13 pts vs state
0.05Rate spread (pts)-0.10 pts vs state
$153kMedian applicant income
98Loans originated
70Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,117 | 638 | 21.4% | 7.75% | #54 |
| 2024 | 724 | 386 | 21.7% | 6.88% | #76 |
| 2025 | 217 | 98 | 32.3% | 6.50% | #176 |
What Flagstar Bank lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most Flagstar Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Arapahoe County | 30 | 14 | 5 | 16.7% |
| Denver County | 26 | 10 | 12 | 46.2% |
| Douglas County | 23 | 13 | 8 | 34.8% |
| Adams County | 20 | 8 | 4 | 20.0% |
| Jefferson County | 14 | 3 | 7 | 50.0% |
| El Paso County | 13 | 10 | 2 | 15.4% |
| Weld County | 12 | 6 | 5 | 41.7% |
| Boulder County | 10 | 6 | 2 | 20.0% |
| Larimer County | 10 | 2 | 5 | 50.0% |
| Mesa County | 7 | 3 | 3 | 42.9% |
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: 217 applications in 2025, of which 98 were originated and 70 denied.
32.3% of all applications, or 41.2% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans Flagstar Bank originated in Colorado in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Flagstar 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