Summit Funding in Colorado vs the state
6.8%Denial rate-8.83 pts vs state
9.4%Decision denial rate-10.23 pts vs state
64.3%Origination rate+4.27 pts vs state
6.88%Median rate+0.25 pts vs state
0.48Rate spread (pts)+0.33 pts vs state
$132kMedian applicant income
189Loans originated
20Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 247 | 181 | 2.4% | 6.75% | #148 |
| 2024 | 180 | 126 | 7.2% | 6.88% | #169 |
| 2025 | 294 | 189 | 6.8% | 6.88% | #148 |
What Summit Funding lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most Summit Funding applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Weld County | 64 | 46 | 1 | 1.6% |
| Adams County | 62 | 29 | 5 | 8.1% |
| Denver County | 36 | 27 | 4 | 11.1% |
| Larimer County | 31 | 19 | 3 | 9.7% |
| Arapahoe County | 25 | 17 | 2 | 8.0% |
| Boulder County | 25 | 18 | 2 | 8.0% |
| Jefferson County | 24 | 15 | 1 | 4.2% |
| Douglas County | 8 | 8 | 0 | 0.0% |
| Morgan County | 5 | 2 | 0 | 0.0% |
| Broomfield County | 3 | 1 | 0 | 0.0% |
Other large lenders in Colorado
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| United Shore Financial Services | B | 23,111 | 8.8% | 6.13% |
| ENT Credit Union | B | 13,238 | 20.9% | 7.50% |
| Rocket Mortgage | C | 11,486 | 15.7% | 6.61% |
| Guild Mortgage | A | 6,232 | 3.1% | 6.62% |
| Bellco Credit Union | F | 5,863 | 40.9% | 8.00% |
| U.S. Bank | D | 4,978 | 36.0% | 7.95% |
| American Financing | D | 4,937 | 41.3% | 6.38% |
| FirstBank | C | 4,929 | 15.6% | 7.00% |
| Canvas Credit Union | C | 4,889 | 13.7% | 7.89% |
| Elevations | C | 4,426 | 10.8% | 6.88% |
Frequently asked questions
Colorado: 294 applications in 2025, of which 189 were originated and 20 denied.
6.8% of all applications, or 9.4% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans Summit Funding originated in Colorado in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are Summit Funding'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