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2024 data HMDA 2024 disclosure official source

Broomfield County

2,798 mortgage applications, 13.7% denial rate. Verify FIPS 08014 with U.S. Census Bureau →

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Colorado · FIPS 08014

Local mortgage market. Broomfield County, Colorado saw 2,798 HMDA-reported mortgage applications in 2024. Lenders originated 1,577 of those loans and denied 383, producing a denial rate of 13.7% and an approval (origination) rate of 56.4%. The average loan amount was $399,039 at an average note rate of 7.21%, with applicants self-reporting average annual income of $38K. 196 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 10.5x, meaning typical borrowers took on mortgages of about 10.5 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 08014 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

2,798
Applications
1,577
Originated
13.7%
Denial Rate
56.4%
Approval Rate
$399,039
Avg Loan Amount
7.21%
Avg Interest Rate
$38K
Avg Applicant Income
10.5x
Loan-to-Income Ratio

Nearby Lenders in Broomfield County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 United Wholesale Mortgage 151 9.6%
2 Elevation Credit Union 108 6.8%
3 Loandepot.Com, LLC 102 6.5%
4 Rocket Mortgage 89 5.6%
5 Bellco Credit Union 58 3.7%
Compare United Wholesale Mortgage vs Elevation Credit Union →

Frequently Asked Questions

How many mortgage applications were filed in Broomfield County?
In the 2024 HMDA reporting year, 2,798 mortgage applications were filed in Broomfield County, Colorado. Of these, 1,577 were originated (approved and funded), while 383 were denied, resulting in a denial rate of 13.7%.
What is the mortgage denial rate in Broomfield County?
The mortgage denial rate in Broomfield County is 13.7%. The approval (origination) rate is 56.4%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Broomfield County?
The average mortgage loan amount in Broomfield County is $399,039. The average interest rate is 7.205%. The average applicant income is $38K.
What is the loan-to-income ratio in Broomfield County?
The average loan-to-income ratio in Broomfield County is 10.5x, meaning borrowers took on loans averaging 10.5 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Broomfield County?
The top mortgage lenders in Broomfield County by origination volume are United Wholesale Mortgage, Elevation Credit Union, Loandepot.Com, LLC. In total, 196 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.