GTE Federal Credit Union · Colorado · 2025

GTE Federal Credit Union in Colorado: approval rate, denial rate and rates (2025)

GTE Federal Credit Union took 36 mortgage applications in Colorado in 2025, ranking #346 of 1,114 lenders active in the state. It originated 80.6% of them and denied 13.9% (14.7% of the applications it decided), against a statewide denial rate of 15.6%.

36Applicationsin CO
14.7%Decision denial ratestate 19.7%
9.25%Median ratestate 6.63%
$120,000Median loanstate $325,000
$4.1MVolume14 counties

GTE Federal Credit Union in Colorado vs the state

13.9%Denial rate-1.74 pts vs state
14.7%Decision denial rate-4.95 pts vs state
80.6%Origination rate+20.54 pts vs state
9.25%Median rate+2.63 pts vs state
2.00Rate spread (pts)+1.85 pts vs state
$163kMedian applicant income
29Loans originated
5Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
202314935.7%11.50%#457
2024312322.6%10.50%#349
2025362913.9%9.25%#346

What GTE Federal Credit Union lends in Colorado

By loan purpose

Home purchase 6 17% · 0.0% denied
Refinance 6 17% · 0.0% denied
Home improvement 3 8% · 33.3% denied
Other / HELOC 21 58% · 19.1% denied

By loan type

Conventional 36 100% · 13.9% denied

Why it denied Colorado applicants

Debt-to-income ratio 4 80%
Credit history 1 20%

Where in Colorado

Counties with the most GTE Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Douglas County 871 12.5%
El Paso County 862 25.0%
Adams County 431 25.0%
Arapahoe County 330 0.0%
Jefferson County 330 0.0%
Denver County 220 0.0%
Morgan County 101 100.0%
Eagle County 100 0.0%
Boulder County 110 0.0%
Elbert 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: 36 applications in 2025, of which 29 were originated and 5 denied.

13.9% of all applications, or 14.7% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans GTE Federal Credit Union originated in Colorado in 2025 was 9.25%, against a statewide median of 6.63%.

About this data. Figures are GTE Federal Credit Union'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