The Mortgage · Colorado · 2025

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

The Mortgage took 375 mortgage applications in Colorado in 2025, ranking #127 of 1,114 lenders active in the state. It originated 68.3% of them and denied 2.9% (3.8% of the applications it decided), against a statewide denial rate of 15.6%.

375Applicationsin CO
3.8%Decision denial ratestate 19.7%
6.63%Median ratestate 6.63%
$335,000Median loanstate $325,000
$91MVolume30 counties

The Mortgage in Colorado vs the state

2.9%Denial rate-12.70 pts vs state
3.8%Decision denial rate-15.83 pts vs state
68.3%Origination rate+8.25 pts vs state
6.63%Median rate0.00 pts vs state
0.14Rate spread (pts)-0.01 pts vs state
$114kMedian applicant income
256Loans originated
11Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232231445.4%6.75%#151
20243402574.1%6.63%#119
20253752562.9%6.63%#127

What The Mortgage lends in Colorado

By loan purpose

Home purchase 289 77% · 1.7% denied
Refinance 47 13% · 8.5% denied
Cash-out refinance 39 10% · 5.1% denied

By loan type

Conventional 284 76% · 1.8% denied
FHA 59 16% · 6.8% denied
VA 28 7% · 7.1% denied
USDA / RHS 4 1% · 0.0% denied

Why it denied Colorado applicants

Credit history 4 36%
Debt-to-income ratio 3 27%
Other 2 18%
Employment history 1 9%
Unverifiable information 1 9%

Where in Colorado

Counties with the most The Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Fremont County 132863 2.3%
Arapahoe County 46322 4.3%
Douglas County 39271 2.6%
Denver County 30251 3.3%
Jefferson County 26210 0.0%
Adams County 21151 4.8%
El Paso County 1251 8.3%
Lake County 1050 0.0%
Pueblo County 950 0.0%
Custer County 750 0.0%

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: 375 applications in 2025, of which 256 were originated and 11 denied.

2.9% of all applications, or 3.8% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

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

About this data. Figures are The 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