The Northern Trust · Colorado · 2025

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

The Northern Trust took 19 mortgage applications in Colorado in 2025, ranking #424 of 1,114 lenders active in the state. It originated 89.5% of them and denied 5.3% (5.6% of the applications it decided), against a statewide denial rate of 15.6%.

19Applicationsin CO
5.6%Decision denial ratestate 19.7%
Median ratestate 6.63%
$2,005,000Median loanstate $325,000
$62MVolume10 counties

The Northern Trust in Colorado vs the state

5.3%Denial rate-10.37 pts vs state
5.6%Decision denial rate-14.10 pts vs state
89.5%Origination rate+29.45 pts vs state
Median rate
Rate spread (pts)
$1,660kMedian applicant income
17Loans originated
1Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
202316120.0%6.06%#434
2024191310.5%6.50%#404
202519175.3%#424

What The Northern Trust lends in Colorado

By loan purpose

Home purchase 11 58% · 0.0% denied
Refinance 2 11% · 50.0% denied
Other / HELOC 6 32% · 0.0% denied

By loan type

Conventional 19 100% · 5.3% denied

Where in Colorado

Counties with the most The Northern Trust applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Pitkin County 550 0.0%
Eagle County 430 0.0%
Jefferson County 220 0.0%
Denver County 220 0.0%
Garfield County 110 0.0%
Teller County 101 100.0%
Routt County 110 0.0%
Rio Blanco County 110 0.0%
Boulder County 110 0.0%
San Miguel County 110 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: 19 applications in 2025, of which 17 were originated and 1 denied.

5.3% of all applications, or 5.6% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).

About this data. Figures are The Northern Trust'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