NexBank in Colorado vs the state
13.0%Denial rate-2.63 pts vs state
14.7%Decision denial rate-5.01 pts vs state
75.3%Origination rate+15.32 pts vs state
6.38%Median rate-0.25 pts vs state
0.01Rate spread (pts)-0.14 pts vs state
$208kMedian applicant income
168Loans originated
29Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 108 | 79 | 10.2% | 6.99% | #204 |
| 2024 | 182 | 127 | 14.8% | 6.38% | #168 |
| 2025 | 223 | 168 | 13.0% | 6.38% | #169 |
What NexBank lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most NexBank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Jefferson County | 42 | 29 | 7 | 16.7% |
| Arapahoe County | 32 | 24 | 6 | 18.8% |
| Denver County | 28 | 23 | 2 | 7.1% |
| Douglas County | 21 | 19 | 2 | 9.5% |
| Adams County | 15 | 10 | 2 | 13.3% |
| Larimer County | 13 | 12 | 1 | 7.7% |
| Archuleta County | 10 | 8 | 1 | 10.0% |
| El Paso County | 8 | 6 | 2 | 25.0% |
| Weld County | 6 | 5 | 0 | 0.0% |
| La Plata County | 6 | 5 | 0 | 0.0% |
Other large lenders in Colorado
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 23,111 | 8.8% | 6.13% |
| ENT Credit Union | B | 13,238 | 20.9% | 7.50% |
| Rocket Mortgage | C | 11,486 | 15.7% | 6.61% |
| Guild Mortgage | A | 6,232 | 3.1% | 6.62% |
| Bellco Credit Union | F | 5,863 | 40.9% | 8.00% |
| U.S. Bank | D | 4,978 | 36.0% | 7.95% |
| American Financing | D | 4,937 | 41.3% | 6.38% |
| FirstBank | C | 4,929 | 15.6% | 7.00% |
| Canvas Credit Union | C | 4,889 | 13.7% | 7.89% |
| Elevations | C | 4,426 | 10.8% | 6.88% |
Frequently asked questions
Colorado: 223 applications in 2025, of which 168 were originated and 29 denied.
13.0% of all applications, or 14.7% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans NexBank originated in Colorado in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are NexBank'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