Newrez · Colorado · 2025

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

Newrez took 3,831 mortgage applications in Colorado in 2025, ranking #12 of 1,114 lenders active in the state. It originated 40.8% of them and denied 16.0% (27.7% of the applications it decided), against a statewide denial rate of 15.6%.

3.8kApplicationsin CO
27.7%Decision denial ratestate 19.7%
6.50%Median ratestate 6.63%
$335,000Median loanstate $325,000
$614MVolume60 counties

Newrez in Colorado vs the state

16.0%Denial rate+0.32 pts vs state
27.7%Decision denial rate+8.04 pts vs state
40.8%Origination rate-19.27 pts vs state
6.50%Median rate-0.13 pts vs state
0.23Rate spread (pts)+0.08 pts vs state
$119kMedian applicant income
1,561Loans originated
611Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,60449219.0%6.88%#38
20243,1211,25417.0%6.75%#18
20253,8311,56116.0%6.50%#12

What Newrez lends in Colorado

By loan purpose

Home purchase 796 21% · 5.3% denied
Refinance 1,065 28% · 10.1% denied
Cash-out refinance 1,968 51% · 23.4% denied
Home improvement 1 0% · 100.0% denied
Other / HELOC 1 0% · 0.0% denied

By loan type

Conventional 2,407 63% · 16.7% denied
FHA 649 17% · 24.2% denied
VA 773 20% · 6.7% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Colorado applicants

Debt-to-income ratio 396 65%
Credit history 71 12%
Collateral 58 9%
Unverifiable information 36 6%
Insufficient cash 21 3%
Other 17 3%
Employment history 10 2%
Mortgage insurance denied 2 0%

Where in Colorado

Counties with the most Newrez applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
El Paso County 77334694 12.2%
Adams County 36213477 21.3%
Arapahoe County 34812682 23.6%
Jefferson County 33312151 15.3%
Douglas County 29713150 16.8%
Denver County 27210150 18.4%
Weld County 2538549 19.4%
Larimer County 2169130 13.9%
Pueblo County 19610516 8.2%
Boulder County 1084922 20.4%

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: 3,831 applications in 2025, of which 1,561 were originated and 611 denied.

16.0% of all applications, or 27.7% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

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

About this data. Figures are Newrez'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