Freedom Mortgage · Colorado · 2025

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

Freedom Mortgage took 3,542 mortgage applications in Colorado in 2025, ranking #15 of 1,114 lenders active in the state. It originated 45.0% of them and denied 6.2% (10.5% of the applications it decided), against a statewide denial rate of 15.6%.

3.5kApplicationsin CO
10.5%Decision denial ratestate 19.7%
5.88%Median ratestate 6.63%
$415,000Median loanstate $325,000
$697MVolume60 counties

Freedom Mortgage in Colorado vs the state

6.2%Denial rate-9.42 pts vs state
10.5%Decision denial rate-9.20 pts vs state
45.0%Origination rate-15.02 pts vs state
5.88%Median rate-0.75 pts vs state
-0.18Rate spread (pts)-0.33 pts vs state
$120kMedian applicant income
1,594Loans originated
220Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
202392141113.1%6.50%#66
20242,6641,3458.2%6.13%#21
20253,5421,5946.2%5.88%#15

What Freedom Mortgage lends in Colorado

By loan purpose

Home purchase 484 14% · 5.8% denied
Refinance 1,851 52% · 3.1% denied
Cash-out refinance 1,185 33% · 11.1% denied
Other / HELOC 22 1% · 13.6% denied

By loan type

Conventional 598 17% · 8.0% denied
FHA 1,111 31% · 8.9% denied
VA 1,831 52% · 4.0% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Colorado applicants

Collateral 74 34%
Debt-to-income ratio 52 24%
Credit history 44 20%
Other 30 14%
Unverifiable information 7 3%
Insufficient cash 7 3%
Incomplete application 5 2%
Employment history 1 0%

Where in Colorado

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
El Paso County 1,00749249 4.9%
Arapahoe County 32914520 6.1%
Adams County 32615228 8.6%
Jefferson County 25210714 5.6%
Weld County 24811519 7.7%
Douglas County 2089916 7.7%
Denver County 1987513 6.6%
Pueblo County 153795 3.3%
Larimer County 138648 5.8%
Mesa County 125497 5.6%

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: 3,542 applications in 2025, of which 1,594 were originated and 220 denied.

6.2% of all applications, or 10.5% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Freedom Mortgage originated in Colorado in 2025 was 5.88%, against a statewide median of 6.63%.

About this data. Figures are Freedom 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