U.S. Bank · Colorado · 2025

U.S. Bank in Colorado: approval rate, denial rate and rates (2025)

U.S. Bank took 4,978 mortgage applications in Colorado in 2025, ranking #6 of 1,114 lenders active in the state. It originated 45.7% of them and denied 36.0% (43.3% of the applications it decided), against a statewide denial rate of 15.6%.

5.0kApplicationsin CO
43.3%Decision denial ratestate 19.7%
7.95%Median ratestate 6.63%
$125,000Median loanstate $325,000
$776MVolume56 counties

U.S. Bank in Colorado vs the state

36.0%Denial rate+20.41 pts vs state
43.3%Decision denial rate+23.65 pts vs state
45.7%Origination rate-14.28 pts vs state
7.95%Median rate+1.33 pts vs state
0.88Rate spread (pts)+0.73 pts vs state
$132kMedian applicant income
2,277Loans originated
1,794Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236,0472,89936.6%8.45%#5
20245,3442,52635.5%8.40%#6
20254,9782,27736.0%7.95%#6

What U.S. Bank lends in Colorado

By loan purpose

Home purchase 966 19% · 16.1% denied
Refinance 385 8% · 14.0% denied
Cash-out refinance 679 14% · 23.9% denied
Home improvement 1,356 27% · 44.5% denied
Other / HELOC 1,592 32% · 51.4% denied

By loan type

Conventional 4,909 99% · 36.4% denied
FHA 50 1% · 14.0% denied
VA 19 0% · 5.3% denied

Why it denied Colorado applicants

Debt-to-income ratio 903 50%
Collateral 426 24%
Credit history 309 17%
Other 82 5%
Unverifiable information 58 3%
Insufficient cash 6 0%
Incomplete application 5 0%
Employment history 5 0%

Where in Colorado

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 604293197 32.6%
Denver County 543244202 37.2%
Arapahoe County 535247192 35.9%
Douglas County 519260158 30.4%
El Paso County 494216188 38.1%
Adams County 363138166 45.7%
Larimer County 24912573 29.3%
Weld County 24411785 34.8%
Pueblo County 2299891 39.7%
Mesa County 2139583 39.0%

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%
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%
Pennymac Loan ServicesC 3,97010.5%6.38%

Frequently asked questions

Colorado: 4,978 applications in 2025, of which 2,277 were originated and 1,794 denied.

36.0% of all applications, or 43.3% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans U.S. Bank originated in Colorado in 2025 was 7.95%, against a statewide median of 6.63%.

About this data. Figures are U.S. 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