Mortgage lender · Arvada, CO · LEI 5493009OHBOFDUG78546

Partner Colorado review: approval odds, rates and grade (2025)

Partner Colorado earns a D, weaker than most home-equity (HELOC) lenders. It turned down 51.3% of the applications it decided on in 2025, which ranks in the 2nd percentile for approval odds. Its median loan was priced 0.26 points above the average prime offer rate, ranking in the 40th percentile on pricing. Compared against 412 home-equity (HELOC) lenders using 2025 HMDA filings.

446Applications2025
43.3%Originatedof applications
51.3%Decision denial ratenational 22.6%
5.99%Median ratenational 6.63%
$23MLoan volume8 states

Partner Colorado at a glance, 2025

Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.

45.5%Denial rate (all applications)+27.54 pts vs national
51.3%Denial rate (decided applications)+28.67 pts vs national
43.3%Origination rate-14.76 pts vs national
10.5%Withdrawn by applicant
0.7%Closed for incompleteness
5.99%Median interest rate-0.63 pts vs national
0.26Median rate spread (pts over APOR)+0.01 pts vs national
$75,000Median loan amount
$5,103Median total loan costs
$119kMedian applicant income
56%Median loan-to-value
0High-cost (HOEPA) loans

How the D grade breaks down

Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.

Approval oddsdecision denial rate, weight 45%

2nd51.3% denied

Pricingmedian rate spread over APOR, weight 30%

40th0.26 pts

Processwithdrawn + incomplete share, weight 15%

57th11.2%

Closing coststotal loan costs ÷ loan amount, weight 10%

4th6.80% of loan

Trend, 2023–2025

YearApplicationsOriginatedDenial rateDecision denialMedian rateVolume
202355821642.3%52.2%6.50%$23M
202448018743.8%52.9%6.24%$23M
202544619345.5%51.3%5.99%$23M

What Partner Colorado lends

Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.

By loan purpose

Home purchase 29 7% · 31.0% denied
Refinance 69 15% · 37.7% denied
Cash-out refinance 30 7% · 36.7% denied
Home improvement 170 38% · 38.8% denied
Other / HELOC 148 33% · 61.5% denied

By loan type

Conventional 444 100% · 45.5% denied
VA 2 0% · 50.0% denied

Also: 400 home-equity lines, 0 reverse mortgages, 1 manufactured homes, 23 investment properties.

Why Partner Colorado denies applications

Primary reason reported for each of the 203 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.

Other 113 56%
Collateral 83 41%
Debt-to-income ratio 5 2%
Credit history 1 0%
Insufficient cash 1 0%

How these reasons compare nationally →

Who gets approved at Partner Colorado

Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.

Applicant incomeApplicationsOriginatedDecision denial rate
Under $50k471173.2%
$50k – $100k1365852.5%
$100k – $150k863850.0%
$150k – $250k1206242.1%
Over $250k522450.0%
Applicant ageApplicationsOriginatedDecision denial rate
25–3442878.4%
35–44933951.3%
45–541275453.0%
55–64904545.1%
65–74673343.1%
Over 74261439.1%

Where Partner Colorado lends

8 states and 34 counties in 2025. Click a state for the lender's full record there.

StateApplicationsOriginatedDenial rateMedian rateRank in state
Colorado43719145.8%5.99%#115

Frequently asked questions

Partner Colorado denied 51.3% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 2nd percentile of home-equity (HELOC) lenders.

The most common reason Partner Colorado gave in 2025 was "other", cited on 55.7% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.

The median interest rate on loans Partner Colorado originated in 2025 was 5.99%, and its median rate spread over the average prime offer rate was 0.26 points. Rates on this page are what borrowers actually got, not advertised rates.

In 2025, 7% of its applications were for home purchases, 22% for refinancing (including cash-out), and 71% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.

Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.

About this data. HMDA data is published once a year by the CFPB. The current release covers applications acted on in calendar year 2025. Figures describe applications the lender acted on, including loans it later sold. Interest rates and costs are medians on originated loans only; some depository institutions are exempt from reporting pricing fields, which is why a few cells read "—". MortgageGrades is not affiliated with Partner Colorado. Data sources · Methodology