Westerra Credit Union · Colorado · 2025

Westerra Credit Union in Colorado: approval rate, denial rate and rates (2025)

Westerra Credit Union took 1,640 mortgage applications in Colorado in 2025, ranking #37 of 1,114 lenders active in the state. It originated 56.8% of them and denied 23.5% (28.2% of the applications it decided), against a statewide denial rate of 15.6%.

1.6kApplicationsin CO
28.2%Decision denial ratestate 19.7%
7.99%Median ratestate 6.63%
$135,000Median loanstate $325,000
$220MVolume38 counties

Westerra Credit Union in Colorado vs the state

23.5%Denial rate+7.91 pts vs state
28.2%Decision denial rate+8.56 pts vs state
56.8%Origination rate-3.25 pts vs state
7.99%Median rate+1.37 pts vs state
0.76Rate spread (pts)+0.61 pts vs state
$128kMedian applicant income
931Loans originated
386Denied

Trend in Colorado

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231,62994125.2%8.99%#37
20241,45888020.4%9.24%#43
20251,64093123.5%7.99%#37

What Westerra Credit Union lends in Colorado

By loan purpose

Home purchase 287 18% · 18.5% denied
Refinance 376 23% · 15.2% denied
Cash-out refinance 122 7% · 20.5% denied
Home improvement 489 30% · 24.1% denied
Other / HELOC 366 22% · 36.3% denied

By loan type

Conventional 1,633 100% · 23.6% denied
FHA 3 0% · 33.3% denied
VA 4 0% · 0.0% denied

Why it denied Colorado applicants

Debt-to-income ratio 196 51%
Credit history 71 18%
Other 49 13%
Collateral 46 12%
Incomplete application 18 5%
Unverifiable information 4 1%
Insufficient cash 2 1%

Where in Colorado

Counties with the most Westerra Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Jefferson County 40326965 16.1%
Denver County 33317586 25.8%
Arapahoe County 28616374 25.9%
Douglas County 20011937 18.5%
Adams County 1587853 33.5%
Boulder County 37246 16.2%
Weld County 34197 20.6%
El Paso County 291015 51.7%
Larimer County 1997 36.8%
Park County 1684 25.0%

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: 1,640 applications in 2025, of which 931 were originated and 386 denied.

23.5% of all applications, or 28.2% of the applications it actually decided on. The Colorado statewide average across all lenders was 15.6%.

The median rate on loans Westerra Credit Union originated in Colorado in 2025 was 7.99%, against a statewide median of 6.63%.

About this data. Figures are Westerra Credit Union'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