Rocket Mortgage · Colorado · 2025

Rocket Mortgage in Colorado: approval rate, denial rate and rates (2025)

Rocket Mortgage took 11,486 mortgage applications in Colorado in 2025, ranking #3 of 1,114 lenders active in the state. It originated 73.4% of them and denied 15.7% (17.2% of the applications it decided), against a statewide denial rate of 15.6%.

11kApplicationsin CO
17.2%Decision denial ratestate 19.7%
6.61%Median ratestate 6.63%
$315,000Median loanstate $325,000
$2.9BVolume64 counties

Rocket Mortgage in Colorado vs the state

15.7%Denial rate+0.08 pts vs state
17.2%Decision denial rate-2.51 pts vs state
73.4%Origination rate+13.40 pts vs state
6.61%Median rate-0.01 pts vs state
0.27Rate spread (pts)+0.12 pts vs state
$123kMedian applicant income
8,433Loans originated
1,804Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237,9886,04113.4%6.75%#3
20249,6017,25014.4%6.63%#3
202511,4868,43315.7%6.61%#3

What Rocket Mortgage lends in Colorado

By loan purpose

Home purchase 3,641 32% · 8.2% denied
Refinance 2,292 20% · 17.5% denied
Cash-out refinance 5,165 45% · 19.8% denied
Home improvement 121 1% · 19.0% denied
Other / HELOC 267 2% · 21.7% denied

By loan type

Conventional 9,008 78% · 14.5% denied
FHA 1,350 12% · 27.0% denied
VA 1,128 10% · 12.1% denied

Why it denied Colorado applicants

Collateral 653 36%
Debt-to-income ratio 518 29%
Incomplete application 322 18%
Credit history 90 5%
Other 86 5%
Insufficient cash 70 4%
Unverifiable information 50 3%
Employment history 15 1%

Where in Colorado

Counties with the most Rocket Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
El Paso County 1,6091,221216 13.4%
Arapahoe County 1,243913188 15.1%
Jefferson County 1,157895159 13.7%
Douglas County 994756126 12.7%
Adams County 971719158 16.3%
Denver County 944662156 16.5%
Weld County 780574135 17.3%
Larimer County 54340773 13.4%
Pueblo County 39927576 19.0%
Mesa County 38127967 17.6%

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%
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%
Pennymac Loan ServicesC 3,97010.5%6.38%

Frequently asked questions

Colorado: 11,486 applications in 2025, of which 8,433 were originated and 1,804 denied.

15.7% of all applications, or 17.2% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Rocket Mortgage originated in Colorado in 2025 was 6.61%, against a statewide median of 6.63%.

About this data. Figures are Rocket Mortgage'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