KeyBank in Colorado vs the state
35.1%Denial rate+19.42 pts vs state
42.3%Decision denial rate+22.63 pts vs state
46.8%Origination rate-13.22 pts vs state
6.75%Median rate+0.13 pts vs state
0.19Rate spread (pts)+0.04 pts vs state
$125kMedian applicant income
227Loans originated
170Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,131 | 524 | 34.2% | 7.25% | #52 |
| 2024 | 412 | 175 | 35.7% | 8.45% | #109 |
| 2025 | 485 | 227 | 35.1% | 6.75% | #106 |
What KeyBank lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most KeyBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 82 | 45 | 26 | 31.7% |
| Denver County | 81 | 36 | 27 | 33.3% |
| Arapahoe County | 67 | 30 | 23 | 34.3% |
| Adams County | 60 | 25 | 28 | 46.7% |
| Douglas County | 50 | 17 | 18 | 36.0% |
| El Paso County | 28 | 11 | 11 | 39.3% |
| Larimer County | 27 | 10 | 10 | 37.0% |
| Weld County | 24 | 13 | 8 | 33.3% |
| Boulder County | 19 | 15 | 4 | 21.1% |
| Summit County | 11 | 6 | 3 | 27.3% |
Other large lenders in Colorado
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 23,111 | 8.8% | 6.13% |
| ENT Credit Union | B | 13,238 | 20.9% | 7.50% |
| Rocket Mortgage | C | 11,486 | 15.7% | 6.61% |
| Guild Mortgage | A | 6,232 | 3.1% | 6.62% |
| Bellco Credit Union | F | 5,863 | 40.9% | 8.00% |
| U.S. Bank | D | 4,978 | 36.0% | 7.95% |
| American Financing | D | 4,937 | 41.3% | 6.38% |
| FirstBank | C | 4,929 | 15.6% | 7.00% |
| Canvas Credit Union | C | 4,889 | 13.7% | 7.89% |
| Elevations | C | 4,426 | 10.8% | 6.88% |
Frequently asked questions
Colorado: 485 applications in 2025, of which 227 were originated and 170 denied.
35.1% of all applications, or 42.3% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans KeyBank originated in Colorado in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are KeyBank'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