Megastar Financial · Colorado · 2025

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

Megastar Financial took 730 mortgage applications in Colorado in 2025, ranking #80 of 1,114 lenders active in the state. It originated 71.2% of them and denied 1.5% (2.1% of the applications it decided), against a statewide denial rate of 15.6%.

730Applicationsin CO
2.1%Decision denial ratestate 19.7%
6.50%Median ratestate 6.63%
$455,000Median loanstate $325,000
$241MVolume31 counties

Megastar Financial in Colorado vs the state

1.5%Denial rate-14.12 pts vs state
2.1%Decision denial rate-17.59 pts vs state
71.2%Origination rate+11.21 pts vs state
6.50%Median rate-0.13 pts vs state
0.09Rate spread (pts)-0.06 pts vs state
$150kMedian applicant income
520Loans originated
11Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236795210.6%6.75%#77
20246384420.9%6.63%#84
20257305201.5%6.50%#80

What Megastar Financial lends in Colorado

By loan purpose

Home purchase 599 82% · 1.7% denied
Refinance 76 10% · 0.0% denied
Cash-out refinance 55 8% · 1.8% denied

By loan type

Conventional 601 82% · 1.3% denied
FHA 95 13% · 3.2% denied
VA 33 5% · 0.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Colorado applicants

Debt-to-income ratio 5 45%
Collateral 4 36%
Credit history 2 18%

Where in Colorado

Counties with the most Megastar Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Denver County 137931 0.7%
Arapahoe County 88593 3.4%
Jefferson County 88672 2.3%
Larimer County 77571 1.3%
Weld County 76570 0.0%
Adams County 72482 2.8%
Douglas County 60460 0.0%
Summit County 33220 0.0%
El Paso County 1380 0.0%
Broomfield County 1281 8.3%

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: 730 applications in 2025, of which 520 were originated and 11 denied.

1.5% of all applications, or 2.1% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Megastar Financial originated in Colorado in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Megastar Financial'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