Pennymac Loan Services · Colorado · 2025

Pennymac Loan Services in Colorado: approval rate, denial rate and rates (2025)

Pennymac Loan Services took 3,970 mortgage applications in Colorado in 2025, ranking #11 of 1,114 lenders active in the state. It originated 59.5% of them and denied 10.5% (14.6% of the applications it decided), against a statewide denial rate of 15.6%.

4.0kApplicationsin CO
14.6%Decision denial ratestate 19.7%
6.38%Median ratestate 6.63%
$395,000Median loanstate $325,000
$1.1BVolume56 counties

Pennymac Loan Services in Colorado vs the state

10.5%Denial rate-5.15 pts vs state
14.6%Decision denial rate-5.06 pts vs state
59.5%Origination rate-0.57 pts vs state
6.38%Median rate-0.25 pts vs state
0.13Rate spread (pts)-0.02 pts vs state
$150kMedian applicant income
2,360Loans originated
416Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,1431,07014.2%6.62%#24
20242,8181,53512.7%6.25%#20
20253,9702,36010.5%6.38%#11

What Pennymac Loan Services lends in Colorado

By loan purpose

Home purchase 1,353 34% · 10.4% denied
Refinance 1,101 28% · 7.1% denied
Cash-out refinance 710 18% · 14.7% denied
Other / HELOC 806 20% · 11.7% denied

By loan type

Conventional 2,675 67% · 10.4% denied
FHA 590 15% · 14.1% denied
VA 703 18% · 7.8% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Colorado applicants

Debt-to-income ratio 129 31%
Collateral 80 19%
Incomplete application 69 17%
Credit history 50 12%
Insufficient cash 32 8%
Unverifiable information 28 7%
Other 22 5%
Employment history 6 1%

Where in Colorado

Counties with the most Pennymac Loan Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
El Paso County 68038973 10.7%
Douglas County 38723026 6.7%
Arapahoe County 36721237 10.1%
Jefferson County 36523831 8.5%
Denver County 32119925 7.8%
Adams County 30916340 12.9%
Weld County 27415335 12.8%
Larimer County 20713520 9.7%
Boulder County 18413021 11.4%
Mesa County 131758 6.1%

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: 3,970 applications in 2025, of which 2,360 were originated and 416 denied.

10.5% of all applications, or 14.6% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Pennymac Loan Services originated in Colorado in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Pennymac Loan Services'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