Largest lenders in Montrose County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Guild Mortgage | A | 247 | 197 | 0.8% | 6.63% |
| 2 | United Shore Financial Services | B | 101 | 72 | 16.8% | 6.00% |
| 3 | The Central Trust Bank | C | 94 | 72 | 0.0% | 6.50% |
| 4 | Rocket Mortgage | C | 93 | 70 | 14.0% | 6.75% |
| 5 | Alpine Bank | B | 86 | 61 | 16.3% | 8.13% |
| 6 | Bank of Colorado | C | 70 | 43 | 20.0% | 7.25% |
| 7 | U.S. Bank | D | 53 | 22 | 35.9% | 7.15% |
| 8 | Cornerstone Capital Bank | A | 52 | 44 | 1.9% | 6.88% |
| 9 | 21st Mortgage | F | 51 | 7 | 54.9% | 9.24% |
| 10 | Broker Solutions | D | 39 | 25 | 7.7% | 6.75% |
| 11 | Spring Eq | D | 35 | 12 | 45.7% | 8.68% |
| 12 | BMO Bank | F | 33 | 12 | 33.3% | 8.11% |
| 13 | Triad Financial Services | D | 31 | 11 | 22.6% | 8.67% |
| 14 | NextMortgage | C | 28 | 18 | 3.6% | 6.56% |
| 15 | Newrez | D | 26 | 6 | 3.9% | 7.63% |
| 16 | Mortgage Research Center | C | 25 | 9 | 20.0% | 6.25% |
| 17 | Freedom Mortgage | B | 24 | 8 | 25.0% | 5.75% |
| 18 | The Mortgage Link | B | 24 | 23 | 0.0% | 6.75% |
| 19 | Pennymac Loan Services | C | 23 | 14 | 17.4% | 6.62% |
| 20 | Bellco Credit Union | F | 21 | 9 | 42.9% | 8.00% |
| 21 | Fairway Independent Mortgage | B | 19 | 15 | 5.3% | 6.63% |
| 22 | Nationstar Mortgage | C | 19 | 13 | 26.3% | 6.99% |
| 23 | Loandepot.Com | D | 19 | 8 | 47.4% | 6.12% |
| 24 | Navy Federal Credit Union | D | 17 | 9 | 23.5% | 5.88% |
| 25 | Paramount Residential Mortgage Group | B | 16 | 4 | 12.5% | 6.31% |
Best approval odds in Montrose County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | The Central Trust Bank | 72 | 0.0% |
| 2 | Guild Mortgage | 210 | 1.0% |
| 3 | Rocket Mortgage | 87 | 14.9% |
| 4 | Alpine Bank | 81 | 17.3% |
| 5 | United Shore Financial Services | 90 | 18.9% |
| 6 | Bank of Colorado | 59 | 23.7% |
What Montrose County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Montrose County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 1,515 | 888 | 15.3% | 7.00% | $215,000 |
| 2024 | 1,580 | 934 | 17.1% | 6.99% | $245,000 |
| 2025 | 1,791 | 1,076 | 16.6% | 6.75% | $255,000 |
Frequently asked questions
16.6% of applications in Montrose County were denied in 2025, against 15.6% statewide in Colorado.
Guild Mortgage, with 247 applications in 2025 and a denial rate of 0.8%.
The median mortgage application in Montrose County in 2025 was for $255,000; the median property value on originated loans was $455,000.