Guaranteed Rate · Colorado · 2025

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

Guaranteed Rate took 3,822 mortgage applications in Colorado in 2025, ranking #13 of 1,114 lenders active in the state. It originated 56.1% of them and denied 3.7% (6.1% of the applications it decided), against a statewide denial rate of 15.6%.

3.8kApplicationsin CO
6.1%Decision denial ratestate 19.7%
6.45%Median ratestate 6.63%
$415,000Median loanstate $325,000
$925MVolume56 counties

Guaranteed Rate in Colorado vs the state

3.7%Denial rate-11.91 pts vs state
6.1%Decision denial rate-13.56 pts vs state
56.1%Origination rate-3.95 pts vs state
6.45%Median rate-0.17 pts vs state
0.05Rate spread (pts)-0.10 pts vs state
$127kMedian applicant income
2,143Loans originated
142Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,7661,5412.4%6.50%#16
20242,4911,5963.9%6.55%#22
20253,8222,1433.7%6.45%#13

What Guaranteed Rate lends in Colorado

By loan purpose

Home purchase 2,574 67% · 1.8% denied
Refinance 696 18% · 3.7% denied
Cash-out refinance 392 10% · 8.2% denied
Home improvement 55 1% · 25.5% denied
Other / HELOC 105 3% · 21.9% denied

By loan type

Conventional 2,592 68% · 4.2% denied
FHA 562 15% · 3.7% denied
VA 664 17% · 1.7% denied
USDA / RHS 4 0% · 0.0% denied

Why it denied Colorado applicants

Debt-to-income ratio 45 32%
Other 33 23%
Incomplete application 17 12%
Credit history 15 11%
Collateral 15 11%
Unverifiable information 11 8%
Employment history 5 4%
Insufficient cash 1 1%

Where in Colorado

Counties with the most Guaranteed Rate applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
El Paso County 88952518 2.0%
Denver County 40122916 4.0%
Arapahoe County 36220510 2.8%
Jefferson County 35118516 4.6%
Adams County 29916521 7.0%
Weld County 2711664 1.5%
Larimer County 2141297 3.3%
Douglas County 2021186 3.0%
Pueblo County 95493 3.2%
Boulder County 93432 2.2%

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: 3,822 applications in 2025, of which 2,143 were originated and 142 denied.

3.7% of all applications, or 6.1% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Guaranteed Rate originated in Colorado in 2025 was 6.45%, against a statewide median of 6.63%.

About this data. Figures are Guaranteed Rate'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