GNBank · Colorado · 2025

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

GNBank took 21 mortgage applications in Colorado in 2025, ranking #413 of 1,114 lenders active in the state. It originated 61.9% of them and denied 14.3% (18.8% of the applications it decided), against a statewide denial rate of 15.6%.

21Applicationsin CO
18.8%Decision denial ratestate 19.7%
Median ratestate 6.63%
$95,000Median loanstate $325,000
$1.4MVolume4 counties

GNBank in Colorado vs the state

14.3%Denial rate-1.34 pts vs state
18.8%Decision denial rate-0.91 pts vs state
61.9%Origination rate+1.88 pts vs state
Median rate
Rate spread (pts)
$66kMedian applicant income
13Loans originated
3Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
202334208.8%#336
2024291341.4%#361
2025211314.3%#413

What GNBank lends in Colorado

By loan purpose

Home purchase 10 48% · 20.0% denied
Refinance 4 19% · 25.0% denied
Home improvement 4 19% · 0.0% denied
Other / HELOC 3 14% · 0.0% denied

By loan type

Conventional 17 81% · 11.8% denied
USDA / RHS 4 19% · 25.0% denied

Why it denied Colorado applicants

Credit history 2 67%
Debt-to-income ratio 1 33%

Where in Colorado

Counties with the most GNBank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Prowers County 14102 14.3%
Kiowa County 420 0.0%
Baca County 201 50.0%
Cheyenne 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: 21 applications in 2025, of which 13 were originated and 3 denied.

14.3% of all applications, or 18.8% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are GNBank'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