Summit Mortgage in Colorado vs the state
2.4%Denial rate-13.22 pts vs state
2.9%Decision denial rate-16.80 pts vs state
81.9%Origination rate+21.91 pts vs state
6.38%Median rate-0.25 pts vs state
0.09Rate spread (pts)-0.06 pts vs state
$88kMedian applicant income
68Loans originated
2Denied
Trend in Colorado
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 146 | 107 | 1.4% | 6.50% | #180 |
| 2024 | 168 | 131 | 2.4% | 6.63% | #174 |
| 2025 | 83 | 68 | 2.4% | 6.38% | #245 |
What Summit Mortgage lends in Colorado
By loan purpose
By loan type
Why it denied Colorado applicants
Where in Colorado
Counties with the most Summit Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Denver County | 31 | 24 | 0 | 0.0% |
| Arapahoe County | 26 | 22 | 0 | 0.0% |
| Adams County | 12 | 10 | 2 | 16.7% |
| Jefferson County | 7 | 7 | 0 | 0.0% |
| Grand County | 3 | 3 | 0 | 0.0% |
| El Paso County | 2 | 1 | 0 | 0.0% |
| Boulder County | 1 | 1 | 0 | 0.0% |
| Weld County | 1 | 0 | 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: 83 applications in 2025, of which 68 were originated and 2 denied.
2.4% of all applications, or 2.9% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.
The median rate on loans Summit Mortgage originated in Colorado in 2025 was 6.38%, against a statewide median of 6.63%.
About this data. Figures are Summit 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