Peak Financial LLC Mortgage Lending & HMDA Data, 2019
In 2019, Peak Financial LLC of Denver, CO reported 131 mortgage applications totaling $37.0 million, down 19% from 2018. The average application was for $282,404, and applicants reported an average income of $91,412. 50% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Denver-Aurora-Lakewood, CO (66), Cheyenne, WY (11) and Colorado Springs, CO (8) (applications in parentheses).
| Mortgage Company & Address | Peak Financial LLC 1780 S Bellaire St Ste 780 Denver, CO 80222 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2019 2018 |
| Total Number of Mortgage Applications | 131 |
| Total Mortgage Loan Application Amount | $36,995,000 |
| Average Mortgage Loan Application Amount | $282,404 |
| Highest Mortgage Loan Application Amount | $1,355,000 |
| Average Applicant Income | $91,412 |
| Highest Applicant Income | $540,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Peak Financial LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
Mortgage Loan Application Detail Totals for Peak Financial LLC in 2019
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 |
|---|---|---|---|---|---|---|
| Home Purchase | 58 | $15,370,000 | $265,000 | $845,000 | $94,000 | $540,000 |
| Cash-out Refinancing | 55 | $15,935,000 | $289,000 | $745,000 | $89,000 | $255,000 |
| Refinancing | 17 | $5,615,000 | $330,000 | $1,355,000 | $93,000 | $310,000 |
| Other Purpose | 1 | $75,000 | $75,000 | $75,000 | $47,000 | $47,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 109 | $30,425,000 | $279,000 | $845,000 | $93,000 | $540,000 |
| Black or African American | 11 | $3,015,000 | $274,000 | $405,000 | $52,000 | $156,000 |
| Hispanic | 10 | $3,280,000 | $328,000 | $1,355,000 | $102,000 | $310,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 60 | $14,510,000 | $241,000 | $535,000 | $66,000 | $204,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 59 | $18,335,000 | $310,000 | $1,355,000 | $114,000 | $540,000 |
| VA-guaranteed (Veterans Administration) | 12 | $4,150,000 | $345,000 | $745,000 | $104,000 | $243,000 |
| 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 |
|---|---|---|---|---|---|---|
| Loan Originated | 66 | $18,550,000 | $281,000 | $745,000 | $94,000 | $287,000 |
| Application Withdrawn By Applicant | 58 | $16,780,000 | $289,000 | $1,355,000 | $93,000 | $540,000 |
| Application Denied By Financial Institution | 5 | $1,355,000 | $271,000 | $375,000 | $44,000 | $72,000 |
| File Closed For Incompleteness | 2 | $310,000 | $155,000 | $195,000 | $52,000 | $67,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 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 | 126 | $35,640,000 | $282,000 | $1,355,000 | $93,000 | $540,000 |
| Credit History | 3 | $855,000 | $285,000 | $375,000 | $45,000 | $72,000 |
| Debt-To-Income Ratio | 1 | $285,000 | $285,000 | $285,000 | $18,000 | $18,000 |
| Collateral | 1 | $215,000 | $215,000 | $215,000 | $65,000 | $65,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Peak Financial LLC's 2019 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 Peak Financial LLC'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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About