MidWestOne Bank · Colorado · 2025

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

MidWestOne Bank took 52 mortgage applications in Colorado in 2025, ranking #301 of 1,114 lenders active in the state. It originated 55.8% of them and denied 30.8% (34.0% of the applications it decided), against a statewide denial rate of 15.6%.

52Applicationsin CO
34.0%Decision denial ratestate 19.7%
5.99%Median ratestate 6.63%
$245,000Median loanstate $325,000
$29MVolume11 counties

MidWestOne Bank in Colorado vs the state

30.8%Denial rate+15.14 pts vs state
34.0%Decision denial rate+14.38 pts vs state
55.8%Origination rate-4.25 pts vs state
5.99%Median rate-0.63 pts vs state
-1.21Rate spread (pts)-1.36 pts vs state
$150kMedian applicant income
29Loans originated
16Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023191615.8%5.99%#408
2024523038.5%6.99%#284
2025522930.8%5.99%#301

What MidWestOne Bank lends in Colorado

By loan purpose

Home purchase 6 12% · 0.0% denied
Refinance 15 29% · 20.0% denied
Cash-out refinance 1 2% · 0.0% denied
Home improvement 8 15% · 37.5% denied
Other / HELOC 22 42% · 45.5% denied

By loan type

Conventional 52 100% · 30.8% denied

Why it denied Colorado applicants

Debt-to-income ratio 8 50%
Collateral 4 25%
Credit history 2 13%
Incomplete application 2 13%

Where in Colorado

Counties with the most MidWestOne Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Arapahoe County 1576 40.0%
Denver County 1374 30.8%
Adams County 742 28.6%
Jefferson County 431 25.0%
Summit County 312 66.7%
Huerfano County 320 0.0%
El Paso County 210 0.0%
Eagle County 220 0.0%
Douglas County 110 0.0%
Pitkin 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: 52 applications in 2025, of which 29 were originated and 16 denied.

30.8% of all applications, or 34.0% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans MidWestOne Bank originated in Colorado in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are MidWestOne 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