Garfield County, Colorado · 2025

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

231 lenders acted on 3,062 mortgage applications for properties in Garfield County in 2025. 18.7% were denied (Colorado: 15.6%). Median rate on closed loans 6.99%; median loan $295,000; median property value $690,000.

3.1kApplications
18.7%Denial ratestate 15.6%
6.99%Median ratestate 6.63%
$295,000Median loan
$690,000Median property value

Largest lenders in Garfield County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Alpine Bank B 524366 12.6%8.13%
2 United Shore Financial Services B 144108 9.7%6.31%
3 21st Mortgage F 12518 48.8%10.36%
4 Triad Financial Services D 11725 48.7%9.60%
5 Rocket Mortgage C 11279 17.0%6.75%
6 Bay Equity B 11066 6.4%6.88%
7 Vanderbilt Mortgage and Finance F 1076 41.1%10.12%
8 ANB Bank C 9847 24.5%6.50%
9 FirstBank C 9770 11.3%7.00%
10 Guild Mortgage A 9670 5.2%6.56%
11 T2 Financial B 8261 4.9%6.75%
12 Guaranteed Rate B 8035 12.5%6.43%
13 Bank of Colorado C 7050 14.3%7.13%
14 Canvas Credit Union C 5131 15.7%8.14%
15 U.S. Bank D 5021 50.0%7.95%
16 Newrez D 4516 20.0%6.25%
17 Fairway Independent Mortgage B 4427 6.8%6.63%
18 Pennymac Loan Services C 4023 5.0%7.00%
19 Spring Eq D 335 66.7%7.19%
20 Paramount Residential Mortgage Group B 3325 0.0%6.38%
21 Freedom Mortgage B 3211 6.3%6.25%
22 Nationstar Mortgage C 2716 18.5%7.31%
23 Crosscountry Mortgage B 2615 3.9%6.75%
24 American Financing D 266 30.8%6.13%
25 Bank of America F 246 41.7%5.87%

Best approval odds in Garfield County

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

#LenderDecidedDecision denial rate
1T2 Financial695.8%
2Guild Mortgage796.3%
3Bay Equity749.5%
4United Shore Financial Services12311.4%
5FirstBank8213.4%
6Alpine Bank46814.1%
7Bank of Colorado6315.9%
8Rocket Mortgage10318.5%
9ANB Bank7233.3%
10Triad Financial Services11649.1%

What Garfield County borrowers applied for

By loan purpose

Home purchase 1,469 48% · 18.4% denied
Refinance 561 18% · 13.4% denied
Cash-out refinance 413 13% · 20.8% denied
Home improvement 306 10% · 19.0% denied
Other / HELOC 313 10% · 26.2% denied

By loan type

Conventional 2,631 86% · 19.2% denied
FHA 345 11% · 16.8% denied
VA 81 3% · 8.6% denied
USDA / RHS 5 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 247 43%
Credit history 130 23%
Incomplete application 61 11%
Collateral 57 10%
Other 35 6%
Unverifiable information 27 5%
Insufficient cash 8 1%
Employment history 6 1%

Garfield County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20232,4661,29419.6%7.13%$255,000
20242,7771,48422.4%7.08%$275,000
20253,0621,66618.7%6.99%$295,000

Frequently asked questions

18.7% of applications in Garfield County were denied in 2025, against 15.6% statewide in Colorado.

Alpine Bank, with 524 applications in 2025 and a denial rate of 12.6%.

The median mortgage application in Garfield County in 2025 was for $295,000; the median property value on originated loans was $690,000.