Partner Colorado Mortgage Rates, Fees & Info
Arvada, COLEI: 5493009OHBOFDUG78546
Tax ID: 84-0187935
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Partner Colorado is a smaller mortgage company specializing in Cash Out Refi, Refi, and Home Purchase loans. Partner Colorado has a high proportion of conventional loans. Their top markets by origination volume include: Denver, Boulder, Greeley, Montrose, and Edwards among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)Partner Colorado has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Partner Colorado is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.41% | 11/17/24 |
| 30 Year Conventional Refi | 6.61% | 11/17/24 |
| 30 Year Cash-out Refi | 6.84% | 11/17/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Partner Colorado Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Partner Colorado. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
101Origination Dollar Volume (All Markets)
$27,055,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 85 | $23,025,000 | $270,882 | $4,912 | 3.06% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $1,750,000 | $875,000 | $5,111 | 3.25% |
| Outside of Metro Areas | 4 | $770,000 | $192,500 | $5,248 | 3.16% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,872 | 2.75% |
| Montrose, CO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,523 | 2.75% |
| Edwards, CO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,060 | 3.75% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,908 | 2.75% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,235 | 3.50% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,891 | 2.88% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,072 | 2.75% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,014 | 3.13% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,095 | 2.50% |
Similar Lenders
We use machine learning to identify the top lenders compared against PARTNER COLORADO based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 882
Similarity Rank: 1344
Similarity Rank: 1540
Similarity Rank: 1830
Similarity Rank: 2432
Similarity Rank: 2528
Similarity Rank: 2604
Similarity Rank: 2604
Similarity Rank: 2700
Similarity Rank: 2730
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 100 | $26,680,000 | $266,800 | $4,776 | 3.05% |
| VA | 1 | $375,000 | $375,000 | $15,675 | 3.13% |
For 2021, Partner Colorado's most frequently originated type of loan was Conventional, with 100 originations. Their 2nd most popular type was VA, with 1 originations.
Loan Reason
For 2021, Partner Colorado's most frequently cited loan purpose was Cash Out Refi, with 47 originations. The 2nd most popular reason was Refi, with 35 originations.
Loan Duration/Length
For 2021, Partner Colorado's most frequently cited loan duration was 30 Year, with 55 originations. The 2nd most popular length was 15 Year, with 20 originations.
Origination Fees/Closing Costs
Partner Colorado's average total fees were $4,915, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 36 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 48 | $16,800,000 | $350,000 |
| 2.5-3% | 42 | $8,660,000 | $206,190 |
| <2.5% | 10 | $1,270,000 | $127,000 |
| 4-5% | 1 | $325,000 | $325,000 |
During 2021, Partner Colorado's average interest rate for loans was 3.17%, while their most frequently originated rate bucket for loans was 3-4%, with 48 originations.
Loan Sizing
2021 saw Partner Colorado place emphasis on $200k-400k loans with 48 originations, totaling $13,530,000 in origination value.
Applicant Income
Partner Colorado lent most frequently to those with incomes in the $50k-75k range, with 36 originations. The second most popular income band? $100k-150k, with 19 originations.
Applicant Debt to Income Ratio
Partner Colorado lent most frequently to those with DTI ratios of 20-30%, with 25 originations. The next most common DTI ratio? 30-36%, with 20 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.31%
Partner Colorado has an average approval rate.
Pick Rate
Approvals leading to origination32.67%
Partner Colorado has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 101 | $27,055,000 | $267,871 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Partners for Payment Relief | Other type of mortgage | Trouble during payment process | 1 | 100.0% |