Planet Home Lending · Colorado · 2025

Planet Home Lending in Colorado: approval rate, denial rate and rates (2025)

Planet Home Lending took 501 mortgage applications in Colorado in 2025, ranking #104 of 1,114 lenders active in the state. It originated 79.0% of them and denied 11.6% (12.6% of the applications it decided), against a statewide denial rate of 15.6%.

501Applicationsin CO
12.6%Decision denial ratestate 19.7%
6.25%Median ratestate 6.63%
$415,000Median loanstate $325,000
$160MVolume33 counties

Planet Home Lending in Colorado vs the state

11.6%Denial rate-4.05 pts vs state
12.6%Decision denial rate-7.02 pts vs state
79.0%Origination rate+19.02 pts vs state
6.25%Median rate-0.38 pts vs state
-0.07Rate spread (pts)-0.22 pts vs state
$124kMedian applicant income
396Loans originated
58Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
202349133125.1%6.63%#99
202448438416.5%6.38%#100
202550139611.6%6.25%#104

What Planet Home Lending lends in Colorado

By loan purpose

Home purchase 246 49% · 6.5% denied
Refinance 159 32% · 12.0% denied
Cash-out refinance 55 11% · 23.6% denied
Home improvement 7 1% · 42.9% denied
Other / HELOC 34 7% · 20.6% denied

By loan type

Conventional 234 47% · 11.1% denied
FHA 115 23% · 15.7% denied
VA 152 30% · 9.2% denied

Why it denied Colorado applicants

Incomplete application 28 48%
Debt-to-income ratio 13 22%
Collateral 8 14%
Other 4 7%
Credit history 3 5%
Insufficient cash 1 2%
Unverifiable information 1 2%

Where in Colorado

Counties with the most Planet Home Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
El Paso County 108919 8.3%
Arapahoe County 73616 8.2%
Adams County 624711 17.7%
Jefferson County 61446 9.8%
Denver County 43336 14.0%
Douglas County 35293 8.6%
Weld County 27233 11.1%
Pueblo County 14112 14.3%
Boulder County 12111 8.3%
Larimer County 1071 10.0%

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: 501 applications in 2025, of which 396 were originated and 58 denied.

11.6% of all applications, or 12.6% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Planet Home Lending originated in Colorado in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Planet Home Lending'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