Glacier Bank · Colorado · 2025

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

Glacier Bank took 425 mortgage applications in Colorado in 2025, ranking #116 of 1,114 lenders active in the state. It originated 60.9% of them and denied 16.2% (20.9% of the applications it decided), against a statewide denial rate of 15.6%.

425Applicationsin CO
20.9%Decision denial ratestate 19.7%
7.15%Median ratestate 6.63%
$265,000Median loanstate $325,000
$92MVolume30 counties

Glacier Bank in Colorado vs the state

16.2%Denial rate+0.61 pts vs state
20.9%Decision denial rate+1.19 pts vs state
60.9%Origination rate+0.92 pts vs state
7.15%Median rate+0.52 pts vs state
0.34Rate spread (pts)+0.19 pts vs state
$111kMedian applicant income
259Loans originated
69Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
202333519414.0%8.13%#122
202433119817.2%8.00%#122
202542525916.2%7.15%#116

What Glacier Bank lends in Colorado

By loan purpose

Home purchase 239 56% · 15.5% denied
Refinance 59 14% · 6.8% denied
Cash-out refinance 16 4% · 25.0% denied
Home improvement 69 16% · 20.3% denied
Other / HELOC 42 10% · 23.8% denied

By loan type

Conventional 396 93% · 14.7% denied
FHA 22 5% · 45.5% denied
VA 4 1% · 0.0% denied
USDA / RHS 3 1% · 33.3% denied

Why it denied Colorado applicants

Debt-to-income ratio 40 58%
Collateral 16 23%
Credit history 9 13%
Employment history 2 3%
Other 1 1%
Insufficient cash 1 1%

Where in Colorado

Counties with the most Glacier Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
La Plata County 905610 11.1%
Chaffee County 603413 21.7%
Pueblo County 482911 22.9%
Mesa County 47317 14.9%
Archuleta County 35206 17.1%
Fremont County 23143 13.0%
El Paso County 19112 10.5%
Rio Blanco County 1444 28.6%
Denver County 14102 14.3%
Larimer County 13130 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: 425 applications in 2025, of which 259 were originated and 69 denied.

16.2% of all applications, or 20.9% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Glacier Bank originated in Colorado in 2025 was 7.15%, against a statewide median of 6.63%.

About this data. Figures are Glacier 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