New Day Financial · Colorado · 2025

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

New Day Financial took 654 mortgage applications in Colorado in 2025, ranking #87 of 1,114 lenders active in the state. It originated 16.7% of them and denied 25.7% (58.7% of the applications it decided), against a statewide denial rate of 15.6%.

654Applicationsin CO
58.7%Decision denial ratestate 19.7%
6.87%Median ratestate 6.63%
$395,000Median loanstate $325,000
$42MVolume43 counties

New Day Financial in Colorado vs the state

25.7%Denial rate+10.06 pts vs state
58.7%Decision denial rate+39.08 pts vs state
16.7%Origination rate-43.35 pts vs state
6.87%Median rate+0.24 pts vs state
0.66Rate spread (pts)+0.51 pts vs state
$88kMedian applicant income
109Loans originated
168Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235347226.0%7.38%#94
20247079328.3%7.49%#79
202565410925.7%6.87%#87

What New Day Financial lends in Colorado

By loan purpose

Home purchase 11 2% · 0.0% denied
Refinance 63 10% · 0.0% denied
Cash-out refinance 566 87% · 28.5% denied
Other / HELOC 14 2% · 50.0% denied

By loan type

FHA 17 3% · 52.9% denied
VA 637 97% · 25.0% denied

Why it denied Colorado applicants

Debt-to-income ratio 80 48%
Credit history 76 45%
Collateral 7 4%
Other 4 2%
Employment history 1 1%

Where in Colorado

Counties with the most New Day Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
El Paso County 1772738 21.5%
Pueblo County 601310 16.7%
Arapahoe County 57719 33.3%
Adams County 46514 30.4%
Mesa County 38611 28.9%
Jefferson County 36411 30.6%
Weld County 2738 29.6%
Fremont County 2563 12.0%
Larimer County 2438 33.3%
Denver County 2336 26.1%

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: 654 applications in 2025, of which 109 were originated and 168 denied.

25.7% of all applications, or 58.7% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans New Day Financial originated in Colorado in 2025 was 6.87%, against a statewide median of 6.63%.

About this data. Figures are New Day 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