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El Paso County, Colorado
Mortgage lending record for properties in the county, calendar year 2024.
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.
Lenders reported 33,472 mortgage applications in El Paso County, Colorado, for 2024, and originated 20,349 loans worth $7.5bn.
That is 70.1 originations per 1,000 households, against 60.3 for Colorado and 48.0 nationally.
The county's denial rate was 18.9%, below the state rate of 21.6%. The median rate spread on originated loans was 0.1 percentage points and 16.5% of originations were 1.5 points or more above the average prime offer rate.
135 lenders reached 25 applications in the county; the most active by originations were Ent Credit Union (68671) (4,102), United Wholesale Mortgage (2,816) and Rocket Mortgage (960).
Originations were up 7% on 2023.
Most active lenders
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 135. Denial rate is denials over decided applications in this county.
Compared with Colorado and the nation
| Measure | This county | Colorado | United States |
|---|---|---|---|
| Denial rate | 18.9% | 21.6% | 24.3% |
| Median rate spread, pp | 0.1 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 16.5% | 14.7% | 15.6% |
| Average originated loan | $368k | $416k | $329k |
| Originations per 1,000 households | 70.1 | 60.3 | 48.0 |
| Home purchase share of originations | 55.7% | 55.7% | 57.0% |
| FHA-insured share | 9.9% | 12.3% | 13.4% |
| VA-guaranteed share | 30.1% | 9.7% | 7.9% |
Rate spread distribution
Share of 18,857 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 56% (11,343)Home improvement 9% (1,819)Refinancing 14% (2,802)Cash-out refinancing 10% (2,058)Other purpose 11% (2,324)
By type
Conventional 60% (12,211)FHA 10% (2,022)VA 30% (6,115)USDA 0% (1)
Trend by year
ApplicationsOriginations
This countyColorado
Questions and answers
Which lenders are most active in El Paso County, CO?
By 2024 originations: Ent Credit Union (68671) (4,102), United Wholesale Mortgage (2,816), Rocket Mortgage (960), Mortgage Research Center (451), Navy Federal Credit Union (424). 135 lenders had at least 25 applications in the county.
What is the mortgage denial rate in El Paso County?
18.9% of decided applications were denied in 2024, against 21.6% across Colorado and 24.3% nationally.
How many mortgages were originated in El Paso County in 2024?
20,349 loans totalling $7.5bn, from 33,472 applications; 70.1 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 08041; 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.