Equitable Savings & Loan Assoc
Sterling, CO
Equitable Savings & Loan Assoc processed 161 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 114 loans with a 9.3% denial rate. Home Purchase was the primary loan purpose. Based in Sterling, CO. The approval rate of 70.8% 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. Equitable Savings & Loan Assoc processed 161 HMDA-reported mortgage applications in 2024, originating 114 loans and denying 15 for a denial rate of 9.3% (applicants themselves withdrew 15 files before a decision). The average loan amount was $210,963. The lender reports under LEI 549300KLGM1W030VUP23 from Sterling, 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several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Equitable Savings & Loan Assoc's 70.8% origination rate tells you how often an application turned into funded money; the 9.3% denial rate is a separate read on underwriting strictness. Most activity concentrated in Conventional loans (141 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.
Lending Activity
| Type | Applications | Originated | Denied | Avg Loan |
|---|---|---|---|---|
| Conventional | 141 | 98 | 12 | $227,411 |
| FHA | 10 | 9 | 1 | $17,000 |
| USDA | 10 | 7 | 2 | $173,000 |
Top loan types — Equitable Savings & Loan Assoc
Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2023 LAR — application-level mortgage data for Equitable Savings & Loan Assoc (LEI: 549300KLGM1W030VUP23) · 2023 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.
Loan Purpose Breakdown
| Purpose | Applications | Originated | Avg Loan |
|---|---|---|---|
| Home Purchase | 77 | 45 | $322,403 |
| Home Improvement | 32 | 27 | $50,938 |
| Other | 22 | 18 | $63,636 |
| Cash-out Refinancing | 21 | 17 | $177,857 |
| Refinancing | 9 | 7 | $263,889 |
Geographic Coverage — Lending by Race
Derived race categories as reported under HMDA. Source: CFPB.
| Race | Applications | Approval Rate | Denial Rate |
|---|---|---|---|
| White | 139 | 79.9% | 9.3% |
| Joint | 3 | 66.7% | 33.3% |
| American Indian or Alaska Native | 2 | 0.0% | 50.0% |
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 | 116 | 78.5% | 10.3% |
| Hispanic or Latino | 14 | 71.4% | 14.3% |
| Joint | 13 | 84.6% | 7.7% |
Nearby Lenders in CO
Other HMDA-reporting lenders in CO with similar activity. Compare any two side-by-side.
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ENT CREDIT UNION (68671)
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BELLCO CREDIT UNION
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Mortgage Solutions of Colorado
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Mortgage Lending Guides
Frequently Asked Questions
How many mortgage applications did Equitable Savings & Loan Assoc process?
What is Equitable Savings & Loan Assoc's mortgage approval rate?
What is the average loan amount at Equitable Savings & Loan Assoc?
What types of mortgage loans does Equitable Savings & Loan Assoc offer?
What loan purposes does Equitable Savings & Loan Assoc serve?
Where is Equitable Savings & Loan Assoc located?
How does Equitable Savings & Loan Assoc compare in lending across racial demographics?
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.