Mortgage Research Center · Colorado · 2025

Mortgage Research Center in Colorado: approval rate, denial rate and rates (2025)

Mortgage Research Center took 3,204 mortgage applications in Colorado in 2025, ranking #18 of 1,114 lenders active in the state. It originated 40.6% of them and denied 20.4% (33.2% of the applications it decided), against a statewide denial rate of 15.6%.

3.2kApplicationsin CO
33.2%Decision denial ratestate 19.7%
5.99%Median ratestate 6.63%
$425,000Median loanstate $325,000
$585MVolume61 counties

Mortgage Research Center in Colorado vs the state

20.4%Denial rate+4.78 pts vs state
33.2%Decision denial rate+13.52 pts vs state
40.6%Origination rate-19.41 pts vs state
5.99%Median rate-0.63 pts vs state
-0.48Rate spread (pts)-0.63 pts vs state
$110kMedian applicant income
1,301Loans originated
654Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,05395616.3%6.63%#26
20242,4691,19814.8%6.25%#23
20253,2041,30120.4%5.99%#18

What Mortgage Research Center lends in Colorado

By loan purpose

Home purchase 1,658 52% · 5.9% denied
Refinance 834 26% · 35.7% denied
Cash-out refinance 712 22% · 36.2% denied

By loan type

Conventional 180 6% · 29.4% denied
FHA 42 1% · 14.3% denied
VA 2,982 93% · 20.0% denied

Why it denied Colorado applicants

Credit history 284 43%
Other 201 31%
Incomplete application 109 17%
Debt-to-income ratio 41 6%
Collateral 15 2%
Employment history 3 0%
Insufficient cash 1 0%

Where in Colorado

Counties with the most Mortgage Research Center applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
El Paso County 1,138465246 21.6%
Arapahoe County 26011546 17.7%
Pueblo County 2239842 18.8%
Weld County 2048342 20.6%
Adams County 1956550 25.6%
Jefferson County 1424824 16.9%
Douglas County 1416129 20.6%
Larimer County 1264324 19.0%
Mesa County 1195519 16.0%
Denver County 1125719 17.0%

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: 3,204 applications in 2025, of which 1,301 were originated and 654 denied.

20.4% of all applications, or 33.2% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Mortgage Research Center originated in Colorado in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are Mortgage Research Center'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