Montezuma County, Colorado · 2025

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

147 lenders acted on 819 mortgage applications for properties in Montezuma County in 2025. 17.0% were denied (Colorado: 15.6%). Median rate on closed loans 6.63%; median loan $235,000; median property value $375,000.

819Applications
17.0%Denial ratestate 15.6%
6.63%Median ratestate 6.63%
$235,000Median loan
$375,000Median property value

Largest lenders in Montezuma County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 V.i.p. Mortgage B 10284 0.0%6.63%
2 United Shore Financial Services B 7055 5.7%6.25%
3 Rocket Mortgage C 6648 19.7%6.50%
4 Zions Bancorporation B 3723 24.3%7.85%
5 Mortgage Research Center C 207 25.0%6.25%
6 Vanderbilt Mortgage and Finance F 201 40.0%9.25%
7 Spring Eq D 175 52.9%8.03%
8 Freedom Mortgage B 178 0.0%6.63%
9 Paramount Residential Mortgage Group B 1715 0.0%6.25%
10 Broker Solutions D 144 7.1%6.88%
11 American Financing D 145 21.4%6.38%
12 Credit Union of Colorado, a Federal Credit Union C 149 14.3%7.25%
13 Navy Federal Credit Union D 136 23.1%7.08%
14 21st Mortgage F 122 50.0%9.46%
15 Nationstar Mortgage C 127 16.7%7.75%
16 Newrez D 125 25.0%6.25%
17 Guild Mortgage A 1210 0.0%6.19%
18 Loandepot.Com D 124 50.0%9.44%
19 The Loan Store B 128 8.3%6.88%
20 Union Home Mortgage B 117 18.2%6.13%
21 Lakeview Loan Servicing C 113 54.6%6.13%
22 American Financial Resources B 108 0.0%6.56%
23 Pennymac Loan Services C 96 0.0%6.43%
24 AmeriSave Mortgage D 91 77.8%7.38%
25 Coastal Community Bank C 92 0.0%8.87%

Best approval odds in Montezuma County

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

#LenderDecidedDecision denial rate
1V.i.p. Mortgage850.0%
2United Shore Financial Services596.8%
3Rocket Mortgage6221.0%

What Montezuma County borrowers applied for

By loan purpose

Home purchase 369 45% · 9.5% denied
Refinance 110 13% · 15.5% denied
Cash-out refinance 192 23% · 20.3% denied
Home improvement 51 6% · 37.3% denied
Other / HELOC 97 12% · 29.9% denied

By loan type

Conventional 585 71% · 19.0% denied
FHA 132 16% · 12.1% denied
VA 97 12% · 11.3% denied
USDA / RHS 5 1% · 20.0% denied

Why applications were denied

Debt-to-income ratio 37 27%
Credit history 31 22%
Collateral 26 19%
Incomplete application 21 15%
Other 16 12%
Unverifiable information 4 3%
Employment history 3 2%
Insufficient cash 1 1%

Montezuma County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202358833819.2%6.99%$215,000
202468037620.0%6.75%$215,000
202581947117.0%6.63%$235,000

Frequently asked questions

17.0% of applications in Montezuma County were denied in 2025, against 15.6% statewide in Colorado.

V.i.p. Mortgage, with 102 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in Montezuma County in 2025 was for $235,000; the median property value on originated loans was $375,000.