Denver County, CO: mortgage lenders, denial rate and originations, 2024

States › Colorado › Denver County

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

Denver County, Colorado, saw 23,370 HMDA-reported applications and 14,181 originations ($7.0bn) in 2024.

That is 42.3 originations per 1,000 households, against 60.3 for Colorado and 48.0 nationally.

The county's denial rate was 20.1%, close to the state rate of 21.6%. The median rate spread on originated loans was 0.2 percentage points and 10.9% of originations were 1.5 points or more above the average prime offer rate.

142 lenders reached 25 applications in the county; the most active by originations were United Wholesale Mortgage (1,627), Rocket Mortgage (683) and Bellco Credit Union (477).

Originations were about level with 2023.

23,370applications, 2024

14,181loans originated$7.0bn

20.1%denial rateCO 21.6% · US 24.3%

42.3originations per 1,000 householdsCO 60.3 · US 48.0

Most active lenders

#	Lender	Applications	Originations	Amount	Denial rate	Median spread
1	United Wholesale Mortgage	2,074	1,627	$769m	10.7%	—
2	Rocket Mortgage	893	683	$273m	15.3%	—
3	Bellco Credit Union	1,024	477	$67m	45.3%	—
4	FirstBank	707	426	$212m	15.5%	—
5	Guild Mortgage Company	535	373	$174m	1.9%	—
6	JPMorgan Chase Bank, NA	480	326	$318m	9.0%	—
7	Fairway Independent Mort Corp	439	319	$140m	6.2%	—
8	Canvas Credit Union	588	317	$86m	17.9%	—
9	Us Bank, N.A.	599	290	$129m	39.4%	—
10	Elevation Credit Union	394	288	$148m	10.7%	—
11	Crosscountry Mortgage, LLC	402	278	$157m	1.1%	—
12	Ent Credit Union (68671)	478	274	$79m	23.0%	—
13	V.I.P. Mortgage, Inc.	267	214	$115m	0.9%	—
14	Huntington National Bank	317	195	$107m	26.0%	—
15	Credit Union of Colorado, A Federal Credit Union	284	191	$25m	19.9%	—
16	Westerra Credit Union	332	187	$31m	27.7%	—
17	Zions Bancorporation, N.A.	285	165	$49m	28.4%	—
18	Guaranteed Rate, Inc.	253	163	$84m	3.5%	—
19	Movement Mortgage, LLC	207	144	$62m	4.6%	—
20	The Loan Store, Inc	211	140	$56m	5.7%	—
21	Synergy One Lending, Inc.	173	140	$60m	4.1%	—
22	Bank of America NA	310	139	$89m	33.9%	—
23	CMG Mortgage Inc	193	136	$65m	2.7%	—
24	American Financing Corporation	477	128	$35m	57.5%	—
25	BMO Harris Bank NA	255	128	$84m	35.8%	—
26	Lower, LLC	166	128	$46m	7.1%	—
27	New American Funding, LLC.	237	120	$46m	12.4%	—
28	Pennymac Loan Services LLC	231	116	$65m	23.1%	—
29	Credit Union of Denver	167	111	$13m	29.3%	—
30	Nest Home Lending, LLC	137	111	$40m	0.0%	—
31	Zillow Home Loans, LLC	144	109	$50m	3.5%	—
32	Sunflower Bank, N.A.	137	102	$52m	1.9%	—
33	SWBC Mortgage Corporation	112	93	$52m	0.0%	—
34	UMB Bank NA	141	91	$52m	27.9%	—
35	Luminate Home Loans, Inc.	132	91	$46m	1.1%	—
36	Navy Federal Credit Union	209	90	$33m	33.1%	—
37	Spring Eq, LLC	288	89	$9.0m	61.4%	—
38	Climb Credit Union	148	85	$14m	22.0%	—
39	Nationstar Mortgage	117	85	$18m	16.3%	—
40	Megastar Finanacial Corp	126	84	$40m	2.3%	—

Lenders with at least 25 applications in the county, by originations; up to 40 shown of 142. Denial rate is denials over decided applications in this county.

Compared with Colorado and the nation

Measure	This county	Colorado	United States
Denial rate	20.1%	21.6%	24.3%
Median rate spread, pp	0.2	0.3	0.3
Originations with spread of 1.5 pp or more	10.9%	14.7%	15.6%
Average originated loan	$495k	$416k	$329k
Originations per 1,000 households	42.3	60.3	48.0
Home purchase share of originations	59.0%	55.7%	57.0%
FHA-insured share	9.2%	12.3%	13.4%
VA-guaranteed share	3.5%	9.7%	7.9%

Rate spread distribution

Below 0 pp35.3%

0 to 0.5 pp29.5%

0.5 to 1 pp16.4%

1 to 1.5 pp7.8%

1.5 to 3 pp6.5%

3 or more pp4.5%

Share of 12,079 originated loans with a reported rate spread, by spread over the average prime offer rate (outlined bar: Colorado). Loans at 1.5 points or more on a first lien are what Regulation C calls higher-priced.

Loan purpose and loan type

By purpose

Home purchase 59% (8,369)Home improvement 9% (1,219)Refinancing 11% (1,522)Cash-out refinancing 11% (1,561)Other purpose 11% (1,510)

By type

Conventional 87% (12,377)FHA 9% (1,306)VA 3% (491)USDA 0% (7)

Trend by year

ApplicationsOriginations

Applications and originations in Denver County, 2022–2024

This countyColorado

Denial rate by year, state rate dashed

Questions and answers

Which lenders are most active in Denver County, CO?

By 2024 originations: United Wholesale Mortgage (1,627), Rocket Mortgage (683), Bellco Credit Union (477), FirstBank (426), Guild Mortgage Company (373). 142 lenders had at least 25 applications in the county.

What is the mortgage denial rate in Denver County?

20.1% of decided applications were denied in 2024, against 21.6% across Colorado and 24.3% nationally.

How many mortgages were originated in Denver County in 2024?

14,181 loans totalling $7.0bn, from 23,370 applications; 42.3 originations per 1,000 households.

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), by property county; households from the Census Bureau American Community Survey 2024 five-year estimates.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records with a property in county FIPS 08031; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.