Magnolia Bank in Colorado vs the state
14.6%Denial rate-1.00 pts vs state
18.2%Decision denial rate-1.48 pts vs state
65.9%Origination rate+5.83 pts vs state
5.99%Median rate-0.63 pts vs state
-0.24Rate spread (pts)-0.39 pts vs state
$96kMedian applicant income
27Loans originated
6Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 38 | 21 | 18.4% | 5.88% | #320 |
| 2024 | 68 | 36 | 16.2% | 5.88% | #267 |
| 2025 | 41 | 27 | 14.6% | 5.99% | #327 |
What Magnolia Bank lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most Magnolia Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| El Paso County | 10 | 8 | 1 | 10.0% |
| Pueblo County | 4 | 1 | 1 | 25.0% |
| Denver County | 4 | 2 | 0 | 0.0% |
| Arapahoe County | 3 | 3 | 0 | 0.0% |
| Weld County | 3 | 1 | 1 | 33.3% |
| Adams County | 3 | 3 | 0 | 0.0% |
| Jefferson County | 3 | 2 | 1 | 33.3% |
| Elbert County | 2 | 2 | 0 | 0.0% |
| Mesa County | 2 | 0 | 1 | 50.0% |
| Rio Grande County | 2 | 2 | 0 | 0.0% |
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: 41 applications in 2025, of which 27 were originated and 6 denied.
14.6% of all applications, or 18.2% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans Magnolia Bank originated in Colorado in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Magnolia Bank'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