Rio Grande County, Colorado · 2025

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

104 lenders acted on 381 mortgage applications for properties in Rio Grande County in 2025. 16.5% were denied (Colorado: 15.6%). Median rate on closed loans 6.50%; median loan $225,000; median property value $365,000.

381Applications
16.5%Denial ratestate 15.6%
6.50%Median ratestate 6.63%
$225,000Median loan
$365,000Median property value

Largest lenders in Rio Grande County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 4531 22.2%6.63%
2 United Shore Financial Services B 2419 4.2%6.13%
3 Guild Mortgage A 189 5.6%6.56%
4 Freedom Mortgage B 149 7.1%6.25%
5 Mortgage Research Center C 137 15.4%6.50%
6 Guaranteed Rate B 128 8.3%6.50%
7 Loandepot.Com D 127 33.3%6.50%
8 ENT Credit Union B 93 11.1%7.25%
9 Broker Solutions D 91 0.0%6.38%
10 Vanderbilt Mortgage and Finance F 91 33.3%11.25%
11 Network Funding C 82 25.0%7.00%
12 Fairway Independent Mortgage B 76 0.0%6.63%
13 Navy Federal Credit Union D 73 42.9%6.25%
14 AmeriSave Mortgage D 60 100.0%
15 New Day Financial F 60 16.7%
16 Newrez D 63 0.0%5.75%
17 American Financing D 62 33.3%6.13%
18 Coastal Community Bank C 61 0.0%9.49%
19 Village Capital & Investment C 52 0.0%5.87%
20 NBH Bank C 52 0.0%6.93%
21 Spring Eq D 53 20.0%7.70%
22 Mortgage Solutions of Colorado C 51 0.0%6.63%
23 Sunflower Bank B 52 20.0%5.75%

What Rio Grande County borrowers applied for

By loan purpose

Home purchase 160 42% · 12.5% denied
Refinance 64 17% · 10.9% denied
Cash-out refinance 102 27% · 22.6% denied
Home improvement 21 6% · 23.8% denied
Other / HELOC 34 9% · 23.5% denied

By loan type

Conventional 246 65% · 20.3% denied
FHA 77 20% · 10.4% denied
VA 58 15% · 8.6% denied

Why applications were denied

Collateral 17 27%
Credit history 13 21%
Debt-to-income ratio 11 17%
Incomplete application 10 16%
Other 5 8%
Unverifiable information 5 8%
Employment history 2 3%

Rio Grande County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202325210319.1%6.99%$185,000
202426413723.9%6.99%$195,000
202538119116.5%6.50%$225,000

Frequently asked questions

16.5% of applications in Rio Grande County were denied in 2025, against 15.6% statewide in Colorado.

Rocket Mortgage, with 45 applications in 2025 and a denial rate of 22.2%.

The median mortgage application in Rio Grande County in 2025 was for $225,000; the median property value on originated loans was $365,000.