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Centennial Lending, LLC

Firestone, CO

Centennial Lending, LLC processed 318 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 88 loans with a 36.5% denial rate. Home Purchase was the primary loan purpose. Based in Firestone, CO. The approval rate of 27.7% reflects originated loans as a share of all applications. Below you will find a breakdown by loan type, loan purpose, denial reasons, and demographic lending patterns as required by the Home Mortgage Disclosure Act.

Portfolio scale. Centennial Lending, LLC processed 318 HMDA-reported mortgage applications in 2024, originating 88 loans and denying 116 for a denial rate of 36.5% (applicants themselves withdrew 85 files before a decision). The average loan amount was $238,931 at a 5.601% average note rate, and applicants self-reported an average income of $39,000. The lender reports under LEI 549300J3YLW53W0K4T67 from Firestone, CO.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% — HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Centennial Lending, LLC's 27.7% origination rate tells you how often an application turned into funded money; the 36.5% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (217 applications).

How to read this page. These figures are aggregate HMDA disclosures — they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting — it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

318
Applications
88
Originated
36.5%
Denial Rate
$238,931
Avg Loan Amount
Avg Interest Rate: 5.601% Avg Applicant Income: $39,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 217 53 78 $231,590
FHA 78 25 32 $257,692
VA 23 10 6 $244,565

Top loan types — Centennial Lending, LLC

Top loan types — Centennial Lending, LLC Horizontal bar chart of the top 3 items by value (applications). Top loan types — Centennial Lending, LLC Top 3 1. Conventional 217 2. FHA 78 3. VA 23 Top 5 loan types by application volume at Centennial Lending, LLC (HMDA 2023). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Centennial Lending, LLC (LEI: 549300J3YLW53W0K4T67) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
73
Credit history
53
Collateral
16
Employment history
9
Unverifiable information
5
Insufficient cash
1
Other
1

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 183 71 $259,590
Cash-out Refinancing 108 17 $201,389
Refinancing 27 0 $249,074

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 236 30.5% 34.3%
Asian 11 18.2% 27.3%
American Indian or Alaska Native 9 11.1% 66.7%
Black or African American 6 0.0% 83.3%
Joint 4 25.0% 75.0%
2 or more minority races 1 0.0% 100.0%

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 208 32.2% 33.2%
Hispanic or Latino 47 12.8% 46.8%
Joint 13 15.4% 69.2%

Nearby Lenders in CO

Other HMDA-reporting lenders in CO with similar activity. Compare any two side-by-side.

Pulte Mortgage LLC

Englewood, CO

28,004 apps 19,692 originated 10.9% denied

AMERICAN FINANCING CORPORATION

AURORA, CO

25,138 apps 4,785 originated 52.0% denied

ENT CREDIT UNION (68671)

COLORADO SPRINGS, CO

12,486 apps 7,861 originated 23.0% denied

BELLCO CREDIT UNION

GREENWOOD VILLAGE, CO

9,877 apps 4,150 originated 30.7% denied

Mortgage Solutions of Colorado

Colorado Springs, CO

9,759 apps 5,786 originated 3.7% denied
Compare Centennial Lending, LLC vs Pulte Mortgage LLC →

Mortgage Lending Guides

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Common denial reasons and how to improve your chances
Comparing Mortgage Lenders
What to look for when choosing a mortgage lender
Getting the Best Mortgage Rate
Strategies for securing the lowest interest rate
Understanding HMDA Data
How to read and interpret mortgage disclosure data
Denial Rates by Demographics
Demographic patterns in mortgage approval and denial

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Frequently Asked Questions

How many mortgage applications did Centennial Lending, LLC process?
Centennial Lending, LLC processed 318 mortgage applications in the 2023 HMDA reporting year. Of these, 88 were originated (approved and funded), 85 were withdrawn by the applicant, and 116 were denied.
What is Centennial Lending, LLC's mortgage approval rate?
Centennial Lending, LLC has an approval (origination) rate of 27.7%, meaning 27.7% of all applications resulted in a funded mortgage. The denial rate is 36.5%.
What is the average loan amount at Centennial Lending, LLC?
The average mortgage loan amount at Centennial Lending, LLC is $238,931. The average interest rate is 5.601%. The average applicant income is $39,000.
What are the most common reasons for mortgage denial at Centennial Lending, LLC?
The most common reasons for mortgage denial at Centennial Lending, LLC are: Debt-to-income ratio, Credit history, Collateral. In total, 116 applications were denied out of 318 total applications.
What types of mortgage loans does Centennial Lending, LLC offer?
Centennial Lending, LLC processes Conventional, FHA, VA loans. The most common type is Conventional with 217 applications and an average loan amount of $231,590.
What loan purposes does Centennial Lending, LLC serve?
Centennial Lending, LLC serves the following loan purposes: Home Purchase (183 applications), Cash-out Refinancing (108 applications), Refinancing (27 applications). Home Purchase is the most common purpose.
Where is Centennial Lending, LLC located?
Centennial Lending, LLC is headquartered in Firestone, CO. The lender is identified by LEI 549300J3YLW53W0K4T67 in HMDA data.
How does Centennial Lending, LLC compare in lending across racial demographics?
Centennial Lending, LLC reports demographic lending data under HMDA requirements. White applicants have an approval rate of 30.5% and denial rate of 34.3%; Asian applicants have an approval rate of 18.2% and denial rate of 27.3%; American Indian or Alaska Native applicants have an approval rate of 11.1% and denial rate of 66.7%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

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