States › Colorado › Garfield County
Garfield 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.
Garfield County, Colorado, saw 2,777 HMDA-reported applications and 1,484 originations ($640m) in 2024.
That is 63.4 originations per 1,000 households, against 60.3 for Colorado and 48.0 nationally.
The county's denial rate was 28.2%, above the state rate of 21.6%. The median rate spread on originated loans was 0.6 percentage points and 14.6% of originations were 1.5 points or more above the average prime offer rate.
22 lenders reached 25 applications in the county; the most active by originations were Alpine Bank (262), Bay Equity LLC (172) and United Wholesale Mortgage (106).
Originations were up 15% on 2023.
Most active lenders
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | Alpine Bank | 378 | 262 | $71m | 18.2% | — |
| 2 | Bay Equity LLC | 248 | 172 | $78m | 4.9% | — |
| 3 | United Wholesale Mortgage | 141 | 106 | $55m | 11.6% | — |
| 4 | ANB Bank | 162 | 94 | $37m | 22.4% | — |
| 5 | Rocket Mortgage | 87 | 62 | $22m | 23.8% | — |
| 6 | Bank of Colorado | 64 | 51 | $14m | 10.2% | — |
| 7 | T2 Financial LLC | 66 | 50 | $26m | 8.8% | — |
| 8 | FirstBank | 72 | 45 | $44m | 14.8% | — |
| 9 | Fairway Independent Mort Corp | 60 | 40 | $14m | 13.0% | — |
| 10 | Guild Mortgage Company | 56 | 35 | $10m | 2.4% | — |
| 11 | Paramount Residential Mortgage | 37 | 26 | $13m | 0.0% | — |
| 12 | Canvas Credit Union | 47 | 23 | $3.5m | 30.3% | — |
| 13 | Us Bank, N.A. | 72 | 22 | $8.6m | 64.5% | — |
| 14 | 21st Mortgage | 126 | 18 | $1.9m | 79.8% | — |
| 15 | Discover Bank | 54 | 15 | $1.6m | 61.5% | — |
| 16 | Newrez LLC | 34 | 13 | $5.9m | — | — |
| 17 | New American Funding, LLC. | 29 | 13 | $6.0m | — | — |
| 18 | Figure Lending LLC | 26 | 12 | $890k | 20.0% | — |
| 19 | Spring Eq, LLC | 44 | 9 | $855k | 74.3% | — |
| 20 | Bank of America NA | 28 | 6 | $2.5m | — | — |
| 21 | Vanderbilt Mortgage and Finance, Inc | 77 | 5 | $495k | 91.2% | — |
| 22 | Triad Financial Services, Inc. | 61 | 3 | $305k | 70.5% | — |
Lenders with at least 25 applications in the county, by originations; up to 40 shown of 22. Denial rate is denials over decided applications in this county.
Compared with Colorado and the nation
| Measure | This county | Colorado | United States |
|---|---|---|---|
| Denial rate | 28.2% | 21.6% | 24.3% |
| Median rate spread, pp | 0.6 | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 14.6% | 14.7% | 15.6% |
| Average originated loan | $431k | $416k | $329k |
| Originations per 1,000 households | 63.4 | 60.3 | 48.0 |
| Home purchase share of originations | 53.6% | 55.7% | 57.0% |
| FHA-insured share | 14.8% | 12.3% | 13.4% |
| VA-guaranteed share | 3.6% | 9.7% | 7.9% |
Rate spread distribution
Share of 1,338 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 54% (796)Home improvement 12% (182)Refinancing 14% (205)Cash-out refinancing 10% (150)Other purpose 10% (151)
By type
Conventional 81% (1,209)FHA 15% (220)VA 4% (53)USDA 0% (2)
Trend by year
ApplicationsOriginations
This countyColorado
Questions and answers
Which lenders are most active in Garfield County, CO?
By 2024 originations: Alpine Bank (262), Bay Equity LLC (172), United Wholesale Mortgage (106), ANB Bank (94), Rocket Mortgage (62). 22 lenders had at least 25 applications in the county.
What is the mortgage denial rate in Garfield County?
28.2% of decided applications were denied in 2024, against 21.6% across Colorado and 24.3% nationally.
How many mortgages were originated in Garfield County in 2024?
1,484 loans totalling $640m, from 2,777 applications; 63.4 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 08045; households and population from the U.S. Census Bureau (ACS 2024 five-year estimates; Vintage 2024 population estimates). Built 1 Oct 2026; data through 1 Aug 2026. See methodology and corrections.