Loanpeople · Colorado · 2025

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

Loanpeople took 12 mortgage applications in Colorado in 2025, ranking #481 of 1,114 lenders active in the state. It originated 58.3% of them and denied 8.3% (12.5% of the applications it decided), against a statewide denial rate of 15.6%.

12Applicationsin CO
12.5%Decision denial ratestate 19.7%
6.99%Median ratestate 6.63%
$540,000Median loanstate $325,000
$4.1MVolume7 counties

Loanpeople in Colorado vs the state

8.3%Denial rate-7.30 pts vs state
12.5%Decision denial rate-7.16 pts vs state
58.3%Origination rate-1.69 pts vs state
6.99%Median rate+0.37 pts vs state
0.23Rate spread (pts)+0.08 pts vs state
$262kMedian applicant income
7Loans originated
1Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023880.0%6.99%#535
20251278.3%6.99%#481

What Loanpeople lends in Colorado

By loan purpose

Home purchase 7 58% · 0.0% denied
Refinance 4 33% · 25.0% denied
Cash-out refinance 1 8% · 0.0% denied

By loan type

Conventional 12 100% · 8.3% denied

Why it denied Colorado applicants

Collateral 1 100%

Where in Colorado

Counties with the most Loanpeople applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Denver County 440 0.0%
Summit County 210 0.0%
Weld County 210 0.0%
Douglas County 100 0.0%
Grand County 101 100.0%
Larimer County 100 0.0%
Arapahoe 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: 12 applications in 2025, of which 7 were originated and 1 denied.

8.3% of all applications, or 12.5% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Loanpeople originated in Colorado in 2025 was 6.99%, against a statewide median of 6.63%.

About this data. Figures are Loanpeople'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