Lendage · Colorado · 2025

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

Lendage took 295 mortgage applications in Colorado in 2025, ranking #147 of 1,114 lenders active in the state. It originated 69.8% of them and denied 14.9% (16.5% of the applications it decided), against a statewide denial rate of 15.6%.

295Applicationsin CO
16.5%Decision denial ratestate 19.7%
10.75%Median ratestate 6.63%
$55,000Median loanstate $325,000
$16MVolume32 counties

Lendage in Colorado vs the state

14.9%Denial rate-0.71 pts vs state
16.5%Decision denial rate-3.12 pts vs state
69.8%Origination rate+9.81 pts vs state
10.75%Median rate+4.13 pts vs state
4.69Rate spread (pts)+4.54 pts vs state
$125kMedian applicant income
206Loans originated
44Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023795016.5%13.25%#232
2024530.0%9.25%#608
202529520614.9%10.75%#147

What Lendage lends in Colorado

By loan purpose

Refinance 53 18% · 9.4% denied
Cash-out refinance 4 1% · 100.0% denied
Home improvement 37 13% · 5.4% denied
Other / HELOC 201 68% · 16.4% denied

By loan type

Conventional 295 100% · 14.9% denied

Why it denied Colorado applicants

Debt-to-income ratio 24 55%
Collateral 9 20%
Other 7 16%
Credit history 3 7%
Unverifiable information 1 2%

Where in Colorado

Counties with the most Lendage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Arapahoe County 40305 12.5%
El Paso County 39259 23.1%
Jefferson County 26192 7.7%
Adams County 25182 8.0%
Weld County 25155 20.0%
Douglas County 24182 8.3%
Denver County 22145 22.7%
Mesa County 16142 12.5%
Pueblo County 15113 20.0%
Larimer County 14113 21.4%

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: 295 applications in 2025, of which 206 were originated and 44 denied.

14.9% of all applications, or 16.5% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Lendage originated in Colorado in 2025 was 10.75%, against a statewide median of 6.63%.

About this data. Figures are Lendage'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