Mortgage Approval and Denial Rates in Colorado (2025 HMDA)

Mortgage denial rates in Colorado: lenders acted on 259,724 mortgage applications in Colorado in 2025 and denied 15.6% of them, down from 17.3% in 2024. The national denial rate was 17.7%.

Applications acted on

259,724

Loans originated

156,145

Denial rate

15.6%

Median loan

$325,000

Colorado against the national picture

Colorado denial rate15.6%
National denial rate17.7%
Colorado, 202417.3%

Most-reported denial reason in Colorado: Debt-to-income ratio.

Counties ranked by denial rate

CountyApplicationsDenial rateMedian loan
Costilla County16232.7%$145,000
Conejos County12226.2%$150,000
Huerfano County32324.8%$175,000
Kit Carson County22123.5%$145,000
Alamosa County32122.1%$195,000
Moffat County54222.0%$235,000
Otero County55421.3%$125,000
Washington County18020.6%$195,000
Adams County24,38219.6%$335,000
Lincoln County21519.5%$185,000
Custer County32018.8%$255,000
Saguache County22518.7%$185,000
Garfield County3,06218.6%$295,000
Ouray County30518.4%$425,000
San Miguel County42118.1%$555,000
Prowers County22618.1%$135,000
Park County1,64417.9%$345,000
Fremont County2,25617.7%$215,000
Clear Creek County54117.7%$345,000
Elbert County2,29617.5%$445,000
Pueblo County7,68517.4%$205,000
Morgan County1,11317.3%$255,000
Weld County18,96217.1%$315,000
Las Animas County43817.1%$165,000
Phillips County15217.1%$155,000
Montezuma County81917.0%$235,000
Arapahoe County26,65516.8%$315,000
Montrose County1,79116.6%$255,000
Gilpin County41616.6%$330,000
Rio Grande County38016.6%$225,000
Teller County1,82416.3%$305,000
Gunnison County85016.0%$385,000
Summit County2,43015.8%$505,000
Denver County24,31515.7%$355,000
Rio Blanco County30015.7%$205,000
Logan County68115.6%$175,000
Yuma County18115.5%$165,000
Eagle County2,55515.4%$505,000
Grand County1,60214.9%$455,000
Delta County1,40814.5%$215,000
Archuleta County89514.5%$335,000
El Paso County36,23314.4%$335,000
Mesa County8,23813.8%$245,000
Routt County1,24713.7%$475,000
Jefferson County25,27413.6%$355,000
Douglas County20,55013.6%$445,000
Larimer County15,56713.6%$325,000
La Plata County2,30013.4%$345,000
Chaffee County1,08813.2%$395,000
Pitkin County79713.0%$675,000
Broomfield County2,76412.5%$405,000
Boulder County10,82112.2%$395,000
Lake County36912.2%$365,000

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Reading these numbers

The denial rate counts applications the lender acted on, so withdrawn files do not inflate it. A high rate does not automatically mean strict lenders: counties with many first-time or lower-income applicants tend to show higher denial rates because of debt-to-income and credit-history thresholds, which are the two reasons lenders report most often. Median loan amount and median applicant income are computed from the same application records, so they describe who is applying — not who ends up buying.

Source: Consumer Financial Protection Bureau, HMDA Data Browser (2025 loan application register). Latest observation 2026-08-23.