Loan Simple in Colorado vs the state
4.7%Denial rate-10.96 pts vs state
6.6%Decision denial rate-13.10 pts vs state
66.5%Origination rate+6.43 pts vs state
6.63%Median rate0.00 pts vs state
0.69Rate spread (pts)+0.54 pts vs state
$98kMedian applicant income
911Loans originated
64Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 554 | 340 | 2.7% | 6.75% | #91 |
| 2024 | 789 | 473 | 2.0% | 6.88% | #70 |
| 2025 | 1,371 | 911 | 4.7% | 6.63% | #46 |
What Loan Simple lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most Loan Simple applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Adams County | 332 | 221 | 11 | 3.3% |
| Arapahoe County | 275 | 166 | 10 | 3.6% |
| Weld County | 157 | 117 | 7 | 4.5% |
| Denver County | 147 | 93 | 9 | 6.1% |
| El Paso County | 107 | 74 | 7 | 6.5% |
| Pueblo County | 74 | 50 | 7 | 9.5% |
| Jefferson County | 45 | 35 | 0 | 0.0% |
| Morgan County | 35 | 25 | 0 | 0.0% |
| Larimer County | 35 | 27 | 1 | 2.9% |
| Mesa County | 27 | 13 | 4 | 14.8% |
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: 1,371 applications in 2025, of which 911 were originated and 64 denied.
4.7% of all applications, or 6.6% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans Loan Simple originated in Colorado in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Loan Simple'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