Nova Financial & Investment · Colorado · 2025

Nova Financial & Investment in Colorado: approval rate, denial rate and rates (2025)

Nova Financial & Investment took 616 mortgage applications in Colorado in 2025, ranking #91 of 1,114 lenders active in the state. It originated 75.3% of them and denied 8.1% (9.4% of the applications it decided), against a statewide denial rate of 15.6%.

616Applicationsin CO
9.4%Decision denial ratestate 19.7%
6.50%Median ratestate 6.63%
$455,000Median loanstate $325,000
$231MVolume27 counties

Nova Financial & Investment in Colorado vs the state

8.1%Denial rate-7.51 pts vs state
9.4%Decision denial rate-10.23 pts vs state
75.3%Origination rate+15.30 pts vs state
6.50%Median rate-0.13 pts vs state
0.13Rate spread (pts)-0.02 pts vs state
$13kMedian applicant income
464Loans originated
50Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235824191.4%6.75%#87
20245914451.9%6.88%#88
20256164648.1%6.50%#91

What Nova Financial & Investment lends in Colorado

By loan purpose

Home purchase 427 69% · 6.1% denied
Refinance 126 20% · 8.7% denied
Cash-out refinance 63 10% · 20.6% denied

By loan type

Conventional 498 81% · 9.0% denied
FHA 75 12% · 4.0% denied
VA 43 7% · 4.7% denied

Why it denied Colorado applicants

Incomplete application 37 74%
Collateral 5 10%
Credit history 4 8%
Employment history 2 4%
Debt-to-income ratio 2 4%

Where in Colorado

Counties with the most Nova Financial & Investment applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 116982 1.7%
Arapahoe County 106848 7.5%
Denver County 105728 7.6%
Douglas County 88735 5.7%
El Paso County 48374 8.3%
Adams County 40294 10.0%
Weld County 20121 5.0%
Boulder County 19125 26.3%
Larimer County 14120 0.0%
Summit County 981 11.1%

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: 616 applications in 2025, of which 464 were originated and 50 denied.

8.1% of all applications, or 9.4% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Nova Financial & Investment originated in Colorado in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Nova Financial & Investment'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