Chaffee County, Colorado · 2025

Mortgage lenders in Chaffee County, CO: denial rates and top lenders (2025)

193 lenders acted on 1,088 mortgage applications for properties in Chaffee County in 2025. 13.2% were denied (Colorado: 15.6%). Median rate on closed loans 6.50%; median loan $395,000; median property value $725,000.

1.1kApplications
13.2%Denial ratestate 15.6%
6.50%Median ratestate 6.63%
$395,000Median loan
$725,000Median property value

Largest lenders in Chaffee County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 High Country Bank A 149120 4.7%6.13%
2 United Shore Financial Services B 7760 5.2%6.38%
3 Rocket Mortgage C 7157 11.3%6.50%
4 Glacier Bank D 6034 21.7%7.43%
5 Union Home Mortgage B 5645 1.8%6.50%
6 The Loan Store B 2622 0.0%6.52%
7 Pennymac Loan Services C 2520 12.0%6.50%
8 Fairway Independent Mortgage B 2317 4.4%6.38%
9 ENT Credit Union B 2216 22.7%7.38%
10 BMO Bank F 217 42.9%9.03%
11 Crosscountry Mortgage B 1711 5.9%6.88%
12 U.S. Bank D 1612 12.5%7.50%
13 Freedom Mortgage B 142 21.4%6.25%
14 JPMorgan Chase Bank B 136 23.1%6.50%
15 Triad Financial Services D 135 30.8%8.95%
16 Newrez D 123 16.7%6.88%
17 American Financing D 123 25.0%5.99%
18 Guaranteed Rate B 118 9.1%6.41%
19 Spring Eq D 115 45.5%10.58%
20 Bank of America F 103 10.0%5.50%
21 Guild Mortgage A 107 0.0%6.25%
22 CMG Mortgage A 96 0.0%6.48%
23 Blue Federal Credit Union C 93 22.2%6.99%
24 Kind Lending C 84 37.5%7.25%
25 Loandepot.Com D 84 50.0%8.00%

Best approval odds in Chaffee County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1High Country Bank1275.5%
2United Shore Financial Services676.0%
3Rocket Mortgage6612.1%

What Chaffee County borrowers applied for

By loan purpose

Home purchase 520 48% · 7.9% denied
Refinance 194 18% · 8.8% denied
Cash-out refinance 187 17% · 18.7% denied
Home improvement 81 7% · 30.9% denied
Other / HELOC 106 10% · 24.5% denied

By loan type

Conventional 982 90% · 13.4% denied
FHA 61 6% · 18.0% denied
VA 44 4% · 2.3% denied
USDA / RHS 1 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 53 37%
Incomplete application 30 21%
Collateral 28 20%
Credit history 12 8%
Other 12 8%
Unverifiable information 7 5%
Employment history 1 1%

Chaffee County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202386853715.2%6.63%$355,000
202490956215.6%6.75%$395,000
20251,08870413.2%6.50%$395,000

Frequently asked questions

13.2% of applications in Chaffee County were denied in 2025, against 15.6% statewide in Colorado.

High Country Bank, with 149 applications in 2025 and a denial rate of 4.7%.

The median mortgage application in Chaffee County in 2025 was for $395,000; the median property value on originated loans was $725,000.