RED ROCKS Credit Union · Colorado · 2025

RED ROCKS Credit Union in Colorado: approval rate, denial rate and rates (2025)

RED ROCKS Credit Union took 343 mortgage applications in Colorado in 2025, ranking #133 of 1,114 lenders active in the state. It originated 69.4% of them and denied 14.6% (17.0% of the applications it decided), against a statewide denial rate of 15.6%.

343Applicationsin CO
17.0%Decision denial ratestate 19.7%
7.75%Median ratestate 6.63%
$125,000Median loanstate $325,000
$41MVolume22 counties

RED ROCKS Credit Union in Colorado vs the state

14.6%Denial rate-1.05 pts vs state
17.0%Decision denial rate-2.65 pts vs state
69.4%Origination rate+9.37 pts vs state
7.75%Median rate+1.13 pts vs state
0.50Rate spread (pts)+0.35 pts vs state
$172kMedian applicant income
238Loans originated
50Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232881926.3%9.00%#132
202425918111.2%8.99%#138
202534323814.6%7.75%#133

What RED ROCKS Credit Union lends in Colorado

By loan purpose

Home purchase 18 5% · 0.0% denied
Refinance 4 1% · 25.0% denied
Cash-out refinance 95 28% · 15.8% denied
Home improvement 179 52% · 16.2% denied
Other / HELOC 47 14% · 10.6% denied

By loan type

Conventional 343 100% · 14.6% denied

Why it denied Colorado applicants

Debt-to-income ratio 16 32%
Incomplete application 14 28%
Other 10 20%
Credit history 7 14%
Collateral 3 6%

Where in Colorado

Counties with the most RED ROCKS Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Douglas County 1007414 14.0%
Jefferson County 59495 8.5%
Arapahoe County 51328 15.7%
Denver County 36225 13.9%
Adams County 33235 15.2%
El Paso County 1162 18.2%
Larimer County 961 11.1%
Weld County 963 33.3%
Boulder County 650 0.0%
Elbert County 501 20.0%

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: 343 applications in 2025, of which 238 were originated and 50 denied.

14.6% of all applications, or 17.0% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans RED ROCKS Credit Union originated in Colorado in 2025 was 7.75%, against a statewide median of 6.63%.

About this data. Figures are RED ROCKS Credit Union'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