Rocky Mountain Mortgage at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the C grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
12th27.2% deniedPricingmedian rate spread over APOR, weight 30%
98th-0.54 ptsProcesswithdrawn + incomplete share, weight 15%
20th24.7%Closing coststotal loan costs ÷ loan amount, weight 10%
14th3.50% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 1,095 | 389 | 19.4% | 34.6% | 6.46% | $120M |
| 2024 | 1,144 | 524 | 20.1% | 30.2% | 5.88% | $159M |
| 2025 | 1,405 | 770 | 20.5% | 27.2% | 5.63% | $232M |
What Rocky Mountain Mortgage 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
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 0 manufactured homes, 17 investment properties.
Why Rocky Mountain Mortgage denies applications
Primary reason reported for each of the 288 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Rocky Mountain Mortgage
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 69 | 17 | 70.7% |
| $50k – $100k | 540 | 305 | 27.7% |
| $100k – $150k | 361 | 229 | 19.7% |
| $150k – $250k | 159 | 83 | 21.0% |
| Over $250k | 22 | 8 | 27.3% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 88 | 63 | 14.9% |
| 25–34 | 577 | 343 | 23.3% |
| 35–44 | 407 | 213 | 29.0% |
| 45–54 | 181 | 94 | 29.9% |
| 55–64 | 77 | 39 | 29.1% |
| 65–74 | 26 | 12 | 20.0% |
Where Rocky Mountain Mortgage lends
4 states and 7 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 1,240 | 724 | 18.6% | 5.68% | #151 |
| New Mexico | 83 | 46 | 13.3% | 5.31% | #111 |
Frequently asked questions
Rocky Mountain Mortgage denied 27.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 12th percentile of mid-size mortgage lenders.
The most common reason Rocky Mountain Mortgage gave in 2025 was "debt-to-income ratio", cited on 44.1% 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 Rocky Mountain Mortgage originated in 2025 was 5.63%, and its median rate spread over the average prime offer rate was -0.54 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 97% of its applications were for home purchases, 2% for refinancing (including cash-out), and 0% for home improvement or other purposes. By loan type: 13% conventional, 52% FHA, 35% 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.