Partner Colorado Credit Union Mortgage Lending & HMDA Data, 2024

In 2024, Partner Colorado Credit Union of Arvada, CO reported 484 mortgage applications totaling $63.2 million, down 14% from 2023. The average application was for $130,661, and applicants reported an average income of $147,380. 39% of its applications resulted in an originated loan and 43% were denied. Its largest markets were Denver-Aurora-Lakewood, CO (231), Greeley, CO (9) and Boulder, CO (4) (applications in parentheses).

Mortgage Company & Address Partner Colorado Credit Union
6221 Sheridan Blvd
Arvada, CO 80003
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 484
Total Mortgage Loan Application Amount $63,240,000
Average Mortgage Loan Application Amount $130,661
Highest Mortgage Loan Application Amount $975,000
Average Applicant Income $147,380
Highest Applicant Income $3,000,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Partner Colorado Credit Union filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Download the Colorado Lender List

Mortgage Loan Application Detail Totals for Partner Colorado Credit Union in 2024

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Other Purpose 181 $15,565,000 $85,000 $505,000 $127,000 $720,000
Home Improvement 172 $16,050,000 $93,000 $805,000 $175,000 $3,000,000
Refinancing 59 $9,285,000 $157,000 $555,000 $143,000 $565,000
Home Purchase 40 $13,980,000 $349,000 $975,000 $166,000 $380,000
Cash-out Refinancing 32 $8,360,000 $261,000 $575,000 $99,000 $226,000
Not Applicable 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 258 $39,790,000 $154,000 $975,000 $171,000 $1,179,000
Hispanic 116 $11,780,000 $101,000 $575,000 $139,000 $3,000,000
Not Provided 53 $6,405,000 $120,000 $465,000 $99,000 $370,000
Black or African American 37 $2,835,000 $76,000 $255,000 $93,000 $229,000
Asian 12 $1,190,000 $99,000 $255,000 $132,000 $240,000
American Indian or Alaskan Native 5 $525,000 $105,000 $145,000 $72,000 $146,000
Native Hawaiian or Other Pacific Islander 3 $715,000 $238,000 $505,000 $111,000 $188,000
Not applicable 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 481 $62,195,000 $129,000 $975,000 $148,000 $3,000,000
VA-guaranteed (Veterans Administration) 3 $1,045,000 $348,000 $505,000 $70,000 $89,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Application Denied By Financial Institution 210 $21,180,000 $100,000 $805,000 $141,000 $3,000,000
Loan Originated 187 $22,895,000 $122,000 $975,000 $158,000 $1,179,000
Application Withdrawn By Applicant 80 $16,200,000 $202,000 $765,000 $136,000 $482,000
Preapproval Approved but not Accepted 4 $1,480,000 $370,000 $765,000 $146,000 $240,000
File Closed For Incompleteness 3 $1,485,000 $495,000 $655,000 $177,000 $199,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 274 $42,060,000 $153,000 $975,000 $152,000 $1,179,000
Other 120 $11,170,000 $93,000 $805,000 $110,000 $844,000
Collateral 87 $9,645,000 $110,000 $505,000 $188,000 $3,000,000
Credit History 2 $260,000 $130,000 $155,000 $27,000 $29,000
Debt-To-Income Ratio 1 $105,000 $105,000 $105,000 $60,000 $60,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Partner Colorado Credit Union's 2024 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Partner Colorado Credit Union's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Colorado, download the full spreadsheet with aggregated HMDA statistics today.

Download the Colorado Lender List