Lenders › Lower, LLC › Colorado
Lower, LLC in Colorado
HMDA record for properties in Colorado, calendar year 2024. National record · Colorado overview
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, Lower, LLC reported 1,641 applications and 1,178 originations for 2024, $458m in all.
Its denial rate in the state was 9.1%, below the Colorado rate of 21.6% across all lenders and compared with the lender's national rate of 12.7%.
The median rate spread on its Colorado originations was 0.4 percentage points (state median 0.3).
Applications in the state were up 693% on 2023.
Compared with the state and the lender's national record
| Measure | In Colorado | Colorado, all lenders | Lower, LLC, all states | United States |
|---|---|---|---|---|
| Denial rate | 9.1% | 21.6% | 12.7% | 24.3% |
| Median rate spread, pp | 0.4 | 0.3 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 1.9% | 14.7% | 7.3% | 15.6% |
| Average originated loan | $389k | $416k | $310k | $329k |
| Home purchase share | 88.7% | 55.7% | 81.3% | 57.0% |
| FHA-insured share | 34.6% | 12.3% | 26.1% | 13.4% |
| VA-guaranteed share | 5.7% | 9.7% | 8.2% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateColorado, all lenders
Loan purpose and loan type in Colorado
By purpose
Home purchase 89% (1,045)Refinancing 5% (59)Cash-out refinancing 6% (74)
By type
Conventional 60% (703)FHA 35% (407)VA 6% (67)USDA 0% (1)
Denial reasons as coded
Share of 120 denials in Colorado by first denial reason coded (outlined bar: all lenders in the state).
Counties in Colorado
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Arapahoe County | 236 | 172 | $72m | 8.9% |
| El Paso County | 184 | 137 | $55m | 6.7% |
| Denver County | 166 | 128 | $46m | 7.1% |
| Jefferson County | 160 | 121 | $56m | 7.6% |
| Pueblo County | 163 | 117 | $29m | 11.7% |
| Adams County | 159 | 107 | $45m | 15.5% |
| Weld County | 134 | 95 | $35m | 9.3% |
| Douglas County | 110 | 80 | $40m | 3.5% |
| Larimer County | 48 | 35 | $14m | 7.9% |
| Boulder County | 51 | 34 | $15m | 16.7% |
| Elbert County | 28 | 21 | $10m | — |
| Mesa County | 33 | 20 | $6.5m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Lower, LLC originate in Colorado in 2024?
1,178 loans totalling $458m, from 1,641 applications reported for properties in Colorado.
What is Lower, LLC's denial rate in Colorado?
9.1% of decided applications in Colorado were denied, against 21.6% for all lenders in the state and 12.7% 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 Lower, LLC lend in most?
By originations: Arapahoe County (172), El Paso County (137), Denver County (128), Jefferson County (121), Pueblo County (117).
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.