SouthState Bank · Colorado · 2025

SouthState Bank in Colorado: approval rate, denial rate and rates (2025)

SouthState Bank took 302 mortgage applications in Colorado in 2025, ranking #145 of 1,114 lenders active in the state. It originated 60.9% of them and denied 30.1% (32.6% of the applications it decided), against a statewide denial rate of 15.6%.

302Applicationsin CO
32.6%Decision denial ratestate 19.7%
7.75%Median ratestate 6.63%
$155,000Median loanstate $325,000
$138MVolume22 counties

SouthState Bank in Colorado vs the state

30.1%Denial rate+14.50 pts vs state
32.6%Decision denial rate+12.96 pts vs state
60.9%Origination rate+0.91 pts vs state
7.75%Median rate+1.13 pts vs state
0.49Rate spread (pts)+0.34 pts vs state
$121kMedian applicant income
184Loans originated
91Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20248425.0%7.06%#522
202530218430.1%7.75%#145

What SouthState Bank lends in Colorado

By loan purpose

Home purchase 65 22% · 15.4% denied
Refinance 48 16% · 20.8% denied
Cash-out refinance 20 7% · 30.0% denied
Home improvement 94 31% · 26.6% denied
Other / HELOC 75 25% · 53.3% denied

By loan type

Conventional 302 100% · 30.1% denied

Why it denied Colorado applicants

Debt-to-income ratio 59 65%
Credit history 10 11%
Collateral 8 9%
Incomplete application 6 7%
Other 5 5%
Employment history 3 3%

Where in Colorado

Counties with the most SouthState Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Larimer County 744720 27.0%
Douglas County 432517 39.5%
Weld County 432416 37.2%
Boulder County 25128 32.0%
El Paso County 25205 20.0%
Adams County 1999 47.4%
Arapahoe County 18106 33.3%
Jefferson County 14111 7.1%
Denver County 1292 16.7%
Routt County 603 50.0%

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: 302 applications in 2025, of which 184 were originated and 91 denied.

30.1% of all applications, or 32.6% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans SouthState Bank originated in Colorado in 2025 was 7.75%, against a statewide median of 6.63%.

About this data. Figures are SouthState Bank'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