States › Colorado
Colorado mortgage lending
Every HMDA reporter's applications, originations and denial rate for properties in Colorado, with all 64 counties.
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. Record year 2024.
Colorado had 241,546 HMDA-reported mortgage applications and 143,205 originations ($60bn) in 2024, from 377 lenders with at least 25 applications in the state.
The statewide denial rate was 21.6% (national 24.3%) and the median rate spread 0.3 percentage points (national 0.3). Originations ran at 60.3 per 1,000 households, against 48.0 nationally.
Originations in the state went from 231,043 in 2018 to 143,205 in 2024; the denial rate moved from 20.8% to 21.6%.
The most active lenders by originations were United Wholesale Mortgage (15,733), Ent Credit Union (68671) (7,858) and Rocket Mortgage (7,250).
Most active lenders in Colorado
| # | Lender | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|---|
| 1 | United Wholesale Mortgage | 20,126 | 15,733 | $7.3bn | 10.2% | -0.0 |
| 2 | Ent Credit Union (68671) | 12,481 | 7,858 | $1.5bn | 23.2% | 0.6 |
| 3 | Rocket Mortgage | 9,601 | 7,250 | $2.5bn | 15.7% | 0.3 |
| 4 | Bellco Credit Union | 8,123 | 4,136 | $498m | 41.3% | — |
| 5 | Guild Mortgage Company | 5,407 | 3,713 | $1.4bn | 4.0% | 0.3 |
| 6 | FirstBank | 4,929 | 3,073 | $1.3bn | 17.2% | 0.4 |
| 7 | Elevation Credit Union | 4,474 | 2,938 | $1.1bn | 18.1% | 0.4 |
| 8 | Canvas Credit Union | 4,746 | 2,786 | $523m | 15.4% | 1.2 |
| 9 | Fairway Independent Mort Corp | 3,509 | 2,605 | $1.0bn | 5.5% | 0.4 |
| 10 | Us Bank, N.A. | 5,344 | 2,526 | $883m | 42.2% | 0.9 |
| 11 | Crosscountry Mortgage, LLC | 3,303 | 2,219 | $1.1bn | 1.6% | 0.4 |
| 12 | Loandepot.com, LLC | 3,260 | 2,016 | $740m | 21.8% | -0.0 |
| 13 | Guaranteed Rate, Inc. | 2,491 | 1,596 | $699m | 5.5% | 0.0 |
| 14 | Lennar Mortgage, LLC | 1,983 | 1,566 | $797m | 7.8% | -1.4 |
| 15 | Pennymac Loan Services LLC | 2,818 | 1,535 | $637m | 18.3% | 0.2 |
| 16 | Navy Federal Credit Union | 3,326 | 1,497 | $385m | 33.0% | 0.9 |
| 17 | JPMorgan Chase Bank, NA | 2,373 | 1,482 | $1.4bn | 11.8% | 0.0 |
| 18 | Credit Union of Colorado, A Federal Credit Union | 2,386 | 1,472 | $186m | 21.1% | -0.1 |
| 19 | New American Funding, LLC. | 2,823 | 1,416 | $502m | 14.1% | 0.5 |
| 20 | Freedom Mortgage Corporation | 2,664 | 1,345 | $601m | 12.8% | -0.2 |
| 21 | American Financing Corporation | 4,569 | 1,316 | $422m | 55.4% | 0.1 |
| 22 | HomeAmerican Mortgage Corporation | 1,648 | 1,272 | $657m | 11.1% | -1.2 |
| 23 | V.I.P. Mortgage, Inc. | 1,557 | 1,263 | $608m | 1.6% | 0.3 |
| 24 | Newrez LLC | 3,121 | 1,254 | $463m | 29.2% | 0.4 |
| 25 | CMG Mortgage Inc | 1,826 | 1,228 | $604m | 4.2% | 0.2 |
| 26 | Alpine Bank | 1,650 | 1,211 | $485m | 13.3% | 1.1 |
| 27 | Mortgage Research Center | 2,469 | 1,198 | $521m | 23.1% | -0.3 |
| 28 | Lower, LLC | 1,641 | 1,178 | $458m | 9.1% | 0.4 |
| 29 | Bank of Colorado | 1,697 | 1,153 | $444m | 14.3% | 0.5 |
| 30 | Zions Bancorporation, N.A. | 1,988 | 1,131 | $401m | 28.4% | 0.6 |
| 31 | Spring Eq, LLC | 3,198 | 1,055 | $105m | 60.9% | 3.7 |
| 32 | Nationstar Mortgage | 1,550 | 1,051 | $225m | 15.1% | 3.2 |
| 33 | The Loan Store, Inc | 1,583 | 1,047 | $411m | 9.2% | 0.2 |
| 34 | Movement Mortgage, LLC | 1,434 | 989 | $445m | 2.5% | 0.4 |
| 35 | Security Service | 1,669 | 969 | $153m | 22.6% | -0.3 |
| 36 | Huntington National Bank | 1,701 | 963 | $478m | 32.7% | 0.2 |
| 37 | Figure Lending LLC | 2,103 | 962 | $79m | 30.9% | 3.7 |
| 38 | Westerra Credit Union | 1,458 | 880 | $205m | 24.3% | 1.1 |
| 39 | DHI Mortgage Company, LTD. | 1,227 | 858 | $412m | 13.9% | -1.0 |
| 40 | Bank of America NA | 2,030 | 837 | $555m | 40.0% | 0.4 |
| 41 | Primary Residential Mortgage, INC. | 1,021 | 817 | $223m | 3.0% | 0.3 |
| 42 | Discover Bank | 4,478 | 791 | $75m | 73.6% | 2.3 |
| 43 | Bokf NA | 1,191 | 773 | $374m | 17.6% | 0.3 |
| 44 | The Central Trust Bank | 1,037 | 749 | $325m | 3.8% | 0.2 |
| 45 | Synergy One Lending, Inc. | 954 | 725 | $297m | 5.5% | 0.2 |
| 46 | BMO Harris Bank NA | 1,773 | 713 | $339m | 44.8% | 0.6 |
| 47 | Paramount Residential Mortgage | 1,074 | 682 | $226m | 3.4% | 0.3 |
| 48 | NFM, Inc | 861 | 675 | $298m | 0.7% | 0.3 |
| 49 | Ark-La-Tex Financial Services LLC | 948 | 670 | $252m | 2.0% | 0.4 |
| 50 | Mutual of Omaha Mortgage | 902 | 661 | $267m | 16.1% | 0.1 |
| 51 | Bay Equity LLC | 962 | 635 | $285m | 4.0% | 0.3 |
| 52 | Credit Union of Denver | 868 | 634 | $82m | 22.0% | -0.7 |
| 53 | Luminate Home Loans, Inc. | 959 | 618 | $287m | 1.4% | 0.4 |
| 54 | First Western Trust Bank | 799 | 618 | $355m | 0.3% | 0.0 |
| 55 | Inspire Home Loans Inc. | 709 | 595 | $322m | 6.8% | -1.0 |
| 56 | Climb Credit Union | 1,009 | 584 | $82m | 18.1% | 1.0 |
| 57 | First National Bank of Omaha | 978 | 575 | $138m | 28.9% | 0.4 |
| 58 | PNC Bank N.A. | 1,203 | 566 | $534m | 34.7% | 0.9 |
| 59 | Premier Members Credit Union | 802 | 557 | $60m | 19.6% | 0.9 |
| 60 | Cornerstone Capital Bank, Ssb | 693 | 543 | $199m | 2.7% | 0.2 |
Top 60 of 377 lenders with at least 25 applications in the state, by originations. 219 lenders have 100 or more applications here and link to a state-specific page.
Compared with the nation
| Measure | Colorado | United States |
|---|---|---|
| Denial rate | 21.6% | 24.3% |
| Median rate spread, pp | 0.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 14.7% | 15.6% |
| Average originated loan | $416k | $329k |
| Originations per 1,000 households | 60.3 | 48.0 |
| Home purchase share of originations | 55.7% | 57.0% |
| FHA-insured share | 12.3% | 13.4% |
| VA-guaranteed share | 9.7% | 7.9% |
Trend, 2018–2024
ApplicationsOriginations
ColoradoUnited States
FHA share of originationsVA share
| Year | Applications | Originations | Amount | Denial rate | FHA | VA | Refinance share |
|---|---|---|---|---|---|---|---|
| 2018 | 376,436 | 231,043 | $68bn | 20.8% | 10.9% | 8.8% | 33.2% |
| 2019 | 472,571 | 303,917 | $100bn | 16.3% | 11.3% | 11.4% | 48.6% |
| 2020 | 725,139 | 480,615 | $163bn | 12.7% | 7.5% | 11.7% | 66.4% |
| 2021 | 662,033 | 444,355 | $163bn | 12.4% | 7.3% | 9.9% | 60.2% |
| 2022 | 364,043 | 222,025 | $90bn | 18.3% | 8.5% | 7.8% | 29.5% |
| 2023 | 228,985 | 135,410 | $53bn | 21.7% | 11.4% | 7.9% | 16.1% |
| 2024 | 241,546 | 143,205 | $60bn | 21.6% | 12.3% | 9.7% | 23.3% |
Yearly figures from the HMDA Data Browser aggregations for the state (all reporters).
Loan purpose and loan type, 2024
By purpose
Home purchase 56% (79,809)Home improvement 9% (13,080)Refinancing 11% (15,900)Cash-out refinancing 12% (17,435)Other purpose 12% (16,958)
By type
Conventional 78% (111,653)FHA 12% (17,596)VA 10% (13,836)USDA 0% (120)
Counties
| County | Applications | Originations | Per 1,000 households | Denial rate | Median spread | Lenders |
|---|---|---|---|---|---|---|
| El Paso County | 33,472 | 20,349 | 70.1 | 18.9% | 0.1 | 135 |
| Arapahoe County | 25,141 | 14,708 | 57.2 | 22.8% | 0.3 | 134 |
| Denver County | 23,370 | 14,181 | 42.3 | 20.1% | 0.2 | 142 |
| Jefferson County | 22,907 | 13,975 | 57.8 | 20.1% | 0.3 | 138 |
| Adams County | 24,248 | 13,341 | 70.7 | 27.8% | 0.2 | 129 |
| Douglas County | 18,584 | 11,823 | 84.5 | 17.5% | 0.2 | 112 |
| Weld County | 18,101 | 10,405 | 83.7 | 24.8% | 0.3 | 109 |
| Larimer County | 14,225 | 8,751 | 56.7 | 19.4% | 0.3 | 86 |
| Boulder County | 9,716 | 6,081 | 44.4 | 18.3% | 0.2 | 73 |
| Mesa County | 7,391 | 4,345 | 66.0 | 20.3% | 0.5 | 63 |
| Pueblo County | 7,486 | 4,243 | 61.9 | 23.5% | 0.4 | 53 |
| Broomfield County | 2,495 | 1,580 | 49.7 | 18.9% | 0.2 | 28 |
| Garfield County | 2,777 | 1,484 | 63.4 | 28.2% | 0.6 | 22 |
| Elbert County | 2,208 | 1,310 | 130.9 | 21.5% | -0.1 | 21 |
| Summit County | 2,069 | 1,243 | 99.1 | 19.5% | 0.3 | 19 |
| Eagle County | 2,122 | 1,239 | 56.2 | 21.2% | 0.3 | 19 |
| La Plata County | 2,033 | 1,212 | 49.7 | 20.4% | 0.3 | 15 |
| Fremont County | 1,971 | 1,087 | 60.5 | 24.6% | 0.4 | 17 |
| Montrose County | 1,580 | 934 | 51.7 | 21.4% | 0.4 | 13 |
| Teller County | 1,547 | 922 | 77.7 | 19.5% | 0.4 | 10 |
| Grand County | 1,482 | 888 | 118.8 | 21.9% | 0.3 | 13 |
| Park County | 1,516 | 826 | 91.9 | 24.8% | 0.4 | 11 |
| Delta County | 1,269 | 690 | 53.2 | 23.4% | 0.4 | 10 |
| Routt County | 1,028 | 626 | 55.5 | 18.5% | 0.3 | 8 |
| Morgan County | 1,035 | 591 | 53.4 | 23.5% | 0.5 | 6 |
| Chaffee County | 909 | 562 | 57.0 | 19.3% | 0.1 | 6 |
| Pitkin County | 840 | 501 | 54.4 | 20.3% | 0.2 | 5 |
| Logan County | 665 | 408 | 49.7 | 20.8% | 0.5 | 6 |
| Archuleta County | 694 | 400 | 67.6 | 19.7% | 0.4 | 4 |
| Gunnison County | 687 | 390 | 45.9 | 20.6% | 0.4 | 4 |
| Montezuma County | 680 | 376 | 33.4 | 25.8% | 0.4 | 5 |
| Otero County | 566 | 300 | 39.6 | 25.6% | 0.5 | 6 |
| Moffat County | 500 | 285 | 52.9 | 22.3% | 0.7 | 5 |
| Clear Creek County | 499 | 266 | 56.9 | 28.0% | 0.5 | 2 |
| Lake County | 396 | 218 | 72.2 | 24.8% | 0.4 | 1 |
| Gilpin County | 345 | 207 | 66.3 | 22.1% | 0.4 | 1 |
| San Miguel County | 360 | 204 | 44.3 | 16.7% | 0.5 | 1 |
| Las Animas County | 405 | 183 | 28.1 | 30.3% | 0.6 | 1 |
| Custer County | 304 | 176 | 65.9 | 24.8% | 0.3 | 0 |
| Alamosa County | 307 | 139 | 20.9 | 32.8% | 0.4 | 1 |
| Huerfano County | 285 | 139 | 44.8 | 31.2% | 0.5 | 0 |
| Rio Grande County | 264 | 137 | 26.7 | 30.0% | 0.6 | 0 |
| Ouray County | 210 | 130 | 49.6 | 18.3% | 0.4 | 0 |
| Prowers County | 251 | 129 | 27.3 | 30.7% | 0.9 | 2 |
| Rio Blanco County | 221 | 117 | 41.7 | 24.4% | 0.5 | 0 |
| Yuma County | 178 | 106 | 26.0 | 21.8% | 0.8 | 2 |
| Kit Carson County | 174 | 94 | 32.5 | 26.5% | 0.7 | 0 |
| Saguache County | 211 | 94 | 27.7 | 34.6% | 0.4 | 0 |
| Washington County | 144 | 92 | 44.4 | 19.1% | 0.7 | 0 |
| Lincoln County | 145 | 81 | 41.1 | 28.2% | 0.4 | 0 |
| Phillips County | 125 | 68 | 34.8 | 29.6% | 0.7 | 0 |
| Costilla County | 138 | 59 | 35.7 | 36.1% | 0.4 | 0 |
| Conejos County | 102 | 55 | 17.4 | 24.4% | 0.6 | 0 |
| Crowley County | 104 | 48 | 35.9 | 38.1% | 0.8 | 0 |
| Sedgwick County | 73 | 43 | 42.1 | 23.7% | 0.6 | 0 |
| Bent County | 91 | 40 | 21.3 | 31.8% | 1.0 | 0 |
| Cheyenne County | 48 | 28 | 35.7 | 26.8% | — | 0 |
| Mineral County | 43 | 27 | 69.9 | 25.0% | — | 0 |
| Baca County | 48 | 26 | 15.7 | 34.9% | — | 0 |
| Dolores County | 51 | 24 | 19.1 | 39.0% | — | 0 |
| San Juan County | 44 | 24 | 60.2 | 31.4% | — | 0 |
| Hinsdale County | 42 | 22 | 43.1 | 32.4% | — | 0 |
| Jackson County | 30 | 18 | 27.4 | — | — | 0 |
| Kiowa County | 22 | 9 | 15.4 | — | — | 0 |
By originations. Lenders: those with at least 25 applications in the county.
VA-guaranteed loans by month
VA publishes lender volume nationally, not by state; see the Aug 2026 VA lender table and the monthly series. The VA-guaranteed share of Colorado originations by year is charted above from HMDA.
Questions and answers
Which mortgage lenders are most active in Colorado?
By 2024 originations: United Wholesale Mortgage (15,733), Ent Credit Union (68671) (7,858), Rocket Mortgage (7,250), Bellco Credit Union (4,136), Guild Mortgage Company (3,713). 377 lenders had at least 25 applications in the state.
What is the mortgage denial rate in Colorado?
21.6% of decided applications were denied in 2024, against 24.3% nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
How has mortgage lending in Colorado changed since 2018?
Originations went from 231,043 in 2018 to 143,205 in 2024; the denial rate moved from 20.8% to 21.6%.
Where does this data come from?
From the public HMDA loan/application register (FFIEC and CFPB) for 2024, the HMDA Data Browser aggregations for 2018–2024, and Census Bureau household estimates.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 and Data Browser aggregations 2018–2024 (FFIEC and CFPB, public domain); households from the Census Bureau ACS 2024 five-year estimates. Built 30 Sep 2026; data through 1 Aug 2026.