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Network Capital Funding Corporation in Colorado

HMDA record for properties in Colorado, calendar year 2024. National record · Colorado overview

LEI 549300GQDT484LGI9C04
Reporting agency Department of Housing and Urban Development
State Colorado

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.

In Colorado, Network Capital Funding Corporation reported 161 applications and 19 originations for 2024, $6.5m in all.

Its denial rate in the state was 55.3%, above the Colorado rate of 21.6% across all lenders and compared with the lender's national rate of 60.4%.

Applications in the state were down 43% on 2023.

161applications in CO, 20241.3% of the lender's total
19loans originated$6.5m
55.3%denial rateCO all lenders 21.6%
—median rate spreadCO 0.3 pp

Compared with the state and the lender's national record

MeasureIn ColoradoColorado, all lendersNetwork Capital Funding Corporation, all statesUnited States
Denial rate55.3%21.6%60.4%24.3%
Median rate spread, pp—0.30.20.3
Originations with spread of 1.5 pp or more—14.7%5.3%15.6%
Average originated loan—$416k$345k$329k
Home purchase share0.0%55.7%5.5%57.0%
FHA-insured share15.8%12.3%22.3%13.4%
VA-guaranteed share26.3%9.7%19.4%7.9%

Trend by year

ApplicationsOriginations

0726.51,4532022: 1,453 Applications2023: 283 Applications2024: 161 Applications2022: 70 Originations2023: 19 Originations2024: 19 Originations202220232024
Network Capital Funding Corporation in Colorado: applications and originations, 2022–2024

This lender in stateColorado, all lenders

0%42.7%85.4%2022: 85.4% This lender in state2023: 82.1% This lender in state2024: 55.3% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Colorado

By purpose

Refinancing 26% (5)Cash-out refinancing 74% (14)

By type

Conventional 58% (11)FHA 16% (3)VA 26% (5)

Denial reasons as coded

Credit history88.5%
Debt-to-income ratio7.7%
Employment history3.8%
Collateral0%
Insufficient cash (downpayment, closing costs)0%
Unverifiable information0%
Credit application incomplete0%
Mortgage insurance denied0%
Other0%

Share of 26 denials in Colorado by first denial reason coded (outlined bar: all lenders in the state).

Counties in Colorado

CountyApplicationsOriginationsAmountDenial rate
El Paso County315$1.7m—

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Network Capital Funding Corporation originate in Colorado in 2024?

19 loans totalling $6.5m, from 161 applications reported for properties in Colorado.

What is Network Capital Funding Corporation's denial rate in Colorado?

55.3% of decided applications in Colorado were denied, against 21.6% for all lenders in the state and 60.4% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Colorado counties does Network Capital Funding Corporation lend in most?

By originations: El Paso County (5).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Colorado. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.