Colten Mortgage Rates, Fees & Info

Englewood, CO

LEI: 549300YBQQ97B6Y7LE69

Tax ID: 82-0758546

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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    • Review & Overview

    Colten Mortgage is a smaller mortgage company specializing in Refi and Home Purchase loans. Colten Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Denver, Charlotte, Nashville, Charleston, and Colorado Springs among others. We have data for 183 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Colten Mortgage 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. Colten Mortgage 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 6.83% 3/24/24
    30 Year Conventional Refi 6.58% 3/24/24
    30 Year Cash-out Refi 6.96% 3/24/24
    30 Year FHA Purchase 7.60% 3/24/24
    30 Year FHA Refi 7.04% 3/24/24
    30 Year VA Purchase 6.46% 3/24/24
    30 Year USDA Purchase 6.99% 3/24/24
    30 Year USDA Refi 6.64% 3/24/24
    15 Year Conventional Purchase 6.44% 3/24/24
    15 Year Conventional Refi 6.18% 3/24/24
    15 Year Cash-out Refi 6.18% 3/24/24
    15 Year VA Refi 6.03% 3/24/24
    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.

    Colten Mortgage Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Colten Mortgage. 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

    1,853

    Origination Dollar Volume (All Markets)

    $513,895,000
    Show all (13) awards

    Top 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) 504 $184,420,000 $365,913 $5,960 3.13%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 239 $60,505,000 $253,159 $4,622 3.24%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 159 $45,715,000 $287,516 $4,871 3.16%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 133 $30,565,000 $229,812 $5,039 3.21%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 65 $18,715,000 $287,923 $5,457 3.08%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 52 $13,030,000 $250,577 $5,519 2.93%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 49 $10,625,000 $216,837 $4,464 3.12%
    Outside of Metro Areas 40 $8,370,000 $209,250 $4,432 3.20%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 33 $8,005,000 $242,576 $5,348 2.89%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 23 $5,675,000 $246,739 $4,540 3.08%
    GREELEY, CO (FHA|USDA|VA) 19 $5,325,000 $280,263 $4,317 3.49%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 19 $5,095,000 $268,158 $6,621 3.13%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 19 $4,625,000 $243,421 $4,977 3.05%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 16 $4,480,000 $280,000 $4,723 2.86%
    FORT COLLINS, CO (FHA|USDA|VA) 13 $4,015,000 $308,846 $6,068 3.02%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 15 $3,945,000 $263,000 $6,363 2.96%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 20 $3,780,000 $189,000 $3,657 3.06%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 14 $3,590,000 $256,429 $4,676 2.98%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 14 $2,940,000 $210,000 $4,545 3.11%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 13 $2,845,000 $218,846 $5,101 3.00%
    RALEIGH-CARY, NC (FHA|USDA|VA) 11 $2,655,000 $241,364 $3,994 3.11%
    COLUMBIA, SC (FHA|USDA|VA) 13 $2,425,000 $186,538 $4,503 3.26%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 8 $2,130,000 $266,250 $3,625 3.19%
    KNOXVILLE, TN (FHA|USDA|VA) 9 $2,105,000 $233,889 $5,569 3.10%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $2,060,000 $515,000 $8,568 3.28%
    RENO, NV (FHA|USDA|VA) 6 $2,050,000 $341,667 $3,214 2.75%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 7 $2,015,000 $287,857 $6,448 3.16%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 5 $1,855,000 $371,000 $3,944 2.92%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 7 $1,785,000 $255,000 $4,265 3.02%
    ASHEVILLE, NC (FHA|USDA|VA) 6 $1,700,000 $283,333 $4,650 2.98%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $1,660,000 $276,667 $4,773 3.00%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 6 $1,500,000 $250,000 $4,181 3.31%
    LOUISVILLE, KY (FHA|USDA|VA) 9 $1,475,000 $163,889 $3,296 2.88%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 8 $1,440,000 $180,000 $4,609 2.98%
    BOULDER, CO (FHA|USDA|VA) 3 $1,375,000 $458,333 $3,082 3.16%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 5 $1,335,000 $267,000 $3,779 2.95%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $1,290,000 $215,000 $5,064 3.19%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 7 $1,265,000 $180,714 $4,763 3.01%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 5 $1,225,000 $245,000 $3,561 2.87%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 7 $1,115,000 $159,286 $3,820 2.89%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $1,105,000 $368,333 $3,338 2.90%
    SPARTANBURG, SC (FHA|USDA|VA) 7 $1,105,000 $157,857 $4,373 3.13%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $1,075,000 $358,333 $6,275 2.96%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 5 $1,045,000 $209,000 $4,650 2.92%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 6 $1,030,000 $171,667 $3,697 3.25%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $990,000 $247,500 $5,250 2.84%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 4 $960,000 $240,000 $5,542 3.34%
    Breckenridge, CO (FHA|USDA|VA) 2 $930,000 $465,000 $3,703 2.94%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 5 $915,000 $183,000 $3,085 3.27%
    Crossville, TN (FHA|USDA|VA) 5 $905,000 $181,000 $3,190 2.90%
    Fernley, NV (FHA|USDA|VA) 3 $865,000 $288,333 $4,501 3.38%
    YUBA CITY, CA (FHA|USDA|VA) 3 $835,000 $278,333 $4,988 3.38%
    STOCKTON, CA (FHA|USDA|VA) 3 $815,000 $271,667 $2,445 2.63%
    PUEBLO, CO (FHA|USDA|VA) 3 $805,000 $268,333 $5,191 2.96%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 4 $780,000 $195,000 $4,569 2.90%
    TALLAHASSEE, FL (FHA|USDA|VA) 3 $725,000 $241,667 $5,200 3.04%
    JACKSON, TN (FHA|USDA|VA) 5 $715,000 $143,000 $4,089 3.33%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $710,000 $355,000 $2,525 2.56%
    ODESSA, TX (FHA|USDA|VA) 3 $675,000 $225,000 $5,724 2.75%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 4 $670,000 $167,500 $4,489 3.47%
    WILMINGTON, NC (FHA|USDA|VA) 2 $650,000 $325,000 $6,296 2.68%
    MIDLAND, TX (FHA|USDA|VA) 3 $645,000 $215,000 $4,342 3.12%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 2 $640,000 $320,000 $5,893 2.68%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 4 $630,000 $157,500 $3,962 3.75%
    Shelby, NC (FHA|USDA|VA) 4 $630,000 $157,500 $3,704 3.41%
    TUCSON, AZ (FHA|USDA|VA) 3 $585,000 $195,000 $3,701 3.46%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $580,000 $290,000 $3,904 2.94%
    Jefferson, GA (FHA|USDA|VA) 3 $575,000 $191,667 $4,451 3.46%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $570,000 $285,000 $3,042 3.38%
    VALDOSTA, GA (FHA|USDA|VA) 3 $565,000 $188,333 $3,285 2.88%
    BOWLING GREEN, KY (FHA|USDA|VA) 4 $560,000 $140,000 $5,193 3.38%
    Nogales, AZ (FHA|USDA|VA) 3 $515,000 $171,667 $4,546 3.04%
    TYLER, TX (FHA|USDA|VA) 3 $515,000 $171,667 $4,980 2.71%
    Albemarle, NC (FHA|USDA|VA) 2 $510,000 $255,000 $6,375 3.00%
    Georgetown, SC (FHA|USDA|VA) 2 $500,000 $250,000 $6,432 3.56%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $490,000 $245,000 $5,009 2.56%
    WACO, TX (FHA|USDA|VA) 2 $480,000 $240,000 $9,386 3.63%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $475,000 $475,000 $3,336 3.99%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $470,000 $235,000 $4,232 3.00%
    BAKERSFIELD, CA (FHA|USDA|VA) 3 $465,000 $155,000 $3,609 3.04%
    Lewisburg, TN (FHA|USDA|VA) 2 $450,000 $225,000 $5,740 3.06%
    Del Rio, TX (FHA|USDA|VA) 1 $445,000 $445,000 $5,454 3.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $440,000 $220,000 $3,927 2.88%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $425,000 $141,667 $3,721 3.50%
    FAYETTEVILLE, NC (FHA|USDA|VA) 2 $420,000 $210,000 $3,236 2.44%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 2 $410,000 $205,000 $6,556 3.25%
    GRAND JUNCTION, CO (FHA|USDA|VA) 2 $410,000 $205,000 $4,836 3.06%
    Cookeville, TN (FHA|USDA|VA) 3 $405,000 $135,000 $4,145 3.33%
    EL CENTRO, CA (FHA|USDA|VA) 2 $400,000 $200,000 $5,692 2.94%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $390,000 $195,000 $4,675 2.94%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $375,000 $375,000 $3,696 3.00%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $375,000 $375,000 $6,345 3.25%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 2 $370,000 $185,000 $2,735 2.56%
    Orangeburg, SC (FHA|USDA|VA) 2 $360,000 $180,000 $3,315 3.00%
    OWENSBORO, KY (FHA|USDA|VA) 3 $355,000 $118,333 $4,952 3.54%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $350,000 $175,000 $3,960 3.00%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $340,000 $170,000 $5,107 3.69%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $335,000 $335,000 $2,812 3.00%
    Moses Lake, WA (FHA|USDA|VA) 2 $330,000 $165,000 $3,608 2.94%
    Brevard, NC (FHA|USDA|VA) 1 $325,000 $325,000 $4,421 3.63%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $325,000 $325,000 $1,226 2.38%
    JOHNSON CITY, TN (FHA|USDA|VA) 2 $320,000 $160,000 $5,148 3.38%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 2 $310,000 $155,000 $4,848 3.31%
    Sevierville, TN (FHA|USDA|VA) 2 $300,000 $150,000 $3,861 3.31%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $295,000 $295,000 $2,895 3.38%
    YAKIMA, WA (FHA|USDA|VA) 1 $295,000 $295,000 $2,693 2.63%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 2 $290,000 $145,000 $3,880 2.69%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $280,000 $140,000 $3,020 3.31%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $275,000 $275,000 $5,989 3.00%
    Eureka-Arcata, CA (FHA|USDA|VA) 1 $275,000 $275,000 $1,831 2.75%
    Kerrville, TX (FHA|USDA|VA) 1 $275,000 $275,000 $6,629 2.63%
    FORT WAYNE, IN (FHA|USDA|VA) 1 $275,000 $275,000 $3,203 3.00%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $265,000 $265,000 $5,039 3.38%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $265,000 $265,000 $4,931 3.25%
    Mineral Wells, TX (FHA|USDA|VA) 1 $265,000 $265,000 $8,221 2.25%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $265,000 $265,000 $2,820 3.38%
    EL PASO, TX (FHA|USDA|VA) 1 $265,000 $265,000 $6,496 2.75%
    Martin, TN (FHA|USDA|VA) 1 $255,000 $255,000 $5,315 3.13%
    Edwards, CO (FHA|USDA|VA) 1 $255,000 $255,000 $3,430 3.13%
    FRESNO, CA (FHA|USDA|VA) 1 $255,000 $255,000 $3,132 2.99%
    MERCED, CA (FHA|USDA|VA) 1 $255,000 $255,000 $2,931 2.88%
    LUBBOCK, TX (FHA|USDA|VA) 1 $255,000 $255,000 $6,398 2.75%
    SAVANNAH, GA (FHA|USDA|VA) 1 $235,000 $235,000 $3,680 3.00%
    VISALIA, CA (FHA|USDA|VA) 1 $235,000 $235,000 $3,771 3.38%
    SALEM, OR (FHA|USDA|VA) 1 $235,000 $235,000 $4,578 3.00%
    Boone, NC (FHA|USDA|VA) 2 $230,000 $115,000 $3,240 2.56%
    Elko, NV (FHA|USDA|VA) 1 $225,000 $225,000 $4,639 2.75%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $225,000 $225,000 $4,794 3.00%
    Fredericksburg, TX (FHA|USDA|VA) 1 $215,000 $215,000 $3,224 3.00%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $215,000 $215,000 $6,094 3.38%
    Clearlake, CA (FHA|USDA|VA) 1 $215,000 $215,000 $4,047 3.00%
    Craig, CO (FHA|USDA|VA) 1 $215,000 $215,000 $3,756 3.38%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $215,000 $215,000 $5,973 2.75%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $215,000 $215,000 $5,584 2.88%
    Seymour, IN (FHA|USDA|VA) 1 $215,000 $215,000 $2,724 3.38%
    Red Bluff, CA (FHA|USDA|VA) 1 $215,000 $215,000 $4,104 2.88%
    REDDING, CA (FHA|USDA|VA) 1 $205,000 $205,000 $3,947 3.63%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $205,000 $205,000 $3,642 3.63%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $205,000 $205,000 $2,971 2.88%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $205,000 $205,000 $5,854 3.13%
    WARNER ROBINS, GA (FHA|USDA|VA) 1 $205,000 $205,000 $3,134 3.13%
    ALBANY, GA (FHA|USDA|VA) 1 $195,000 $195,000 $4,858 2.88%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $195,000 $195,000 $4,691 3.13%
    LAREDO, TX (FHA|USDA|VA) 1 $195,000 $195,000 $5,135 2.50%
    GAINESVILLE, GA (FHA|USDA|VA) 1 $195,000 $195,000 $4,233 3.13%
    VICTORIA, TX (FHA|USDA|VA) 1 $185,000 $185,000 $5,367 2.63%
    Crescent City, CA (FHA|USDA|VA) 1 $175,000 $175,000 $4,985 3.75%
    Payson, AZ (FHA|USDA|VA) 1 $175,000 $175,000 $4,262 2.88%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $175,000 $175,000 $3,511 3.00%
    Henderson, NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,919 2.75%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $175,000 $175,000 $3,662 2.63%
    Morehead City, NC (FHA|USDA|VA) 1 $175,000 $175,000 $2,075 2.63%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $175,000 $175,000 $4,835 2.88%
    DALTON, GA (FHA|USDA|VA) 1 $175,000 $175,000 $4,565 2.88%
    Cadillac, MI (FHA|USDA|VA) 1 $165,000 $165,000 $4,142 2.38%
    Shelton, WA (FHA|USDA|VA) 1 $165,000 $165,000 $3,581 3.50%
    Kendallville, IN (FHA|USDA|VA) 1 $165,000 $165,000 $3,614 2.50%
    OCALA, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,795 3.25%
    Forest City, NC (FHA|USDA|VA) 1 $165,000 $165,000 $4,198 3.38%
    CLEVELAND, TN (FHA|USDA|VA) 1 $165,000 $165,000 $3,815 3.88%
    Calhoun, GA (FHA|USDA|VA) 1 $165,000 $165,000 $3,913 3.63%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $165,000 $165,000 $5,727 3.38%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,634 3.50%
    North Wilkesboro, NC (FHA|USDA|VA) 1 $145,000 $145,000 $3,355 2.88%
    Seneca, SC (FHA|USDA|VA) 1 $145,000 $145,000 $3,528 3.88%
    Statesboro, GA (FHA|USDA|VA) 1 $145,000 $145,000 $3,591 2.75%
    St. Marys, GA (FHA|USDA|VA) 1 $145,000 $145,000 $3,741 3.75%
    GREENVILLE, NC (FHA|USDA|VA) 1 $145,000 $145,000 $3,876 3.13%
    Greeneville, TN (FHA|USDA|VA) 1 $145,000 $145,000 $3,410 3.50%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $145,000 $145,000 $3,638 3.25%
    Mount Sterling, KY (FHA|USDA|VA) 1 $135,000 $135,000 $3,765 2.63%
    Glasgow, KY (FHA|USDA|VA) 1 $135,000 $135,000 $4,062 2.50%
    Warsaw, IN (FHA|USDA|VA) 1 $135,000 $135,000 $3,295 3.00%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $135,000 $135,000 $7,051 3.75%
    KOKOMO, IN (FHA|USDA|VA) 1 $135,000 $135,000 $3,331 3.13%
    Shelbyville, TN (FHA|USDA|VA) 1 $125,000 $125,000 $2,719 2.75%
    TERRE HAUTE, IN (FHA|USDA|VA) 1 $125,000 $125,000 $3,269 3.13%
    Murray, KY (FHA|USDA|VA) 1 $125,000 $125,000 $3,212 3.63%
    Middlesborough, KY (FHA|USDA|VA) 1 $125,000 $125,000 $3,157 3.50%
    THE VILLAGES, FL (FHA|USDA|VA) 1 $125,000 $125,000 $3,584 3.00%
    Thomaston, GA (FHA|USDA|VA) 1 $125,000 $125,000 $3,541 2.75%
    PEORIA, IL (FHA|USDA|VA) 1 $115,000 $115,000 $4,532 3.00%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $115,000 $115,000 $3,058 3.50%
    Colten Mortgage's top markets include Denver, Charlotte, Nashville, Charleston, and Colorado Springs among others.

    Their top states include:
  • Colorado (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)

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    We use machine learning to identify the top lenders compared against Colten Mortgage based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,127 $325,365,000 $288,700 $4,004 3.15%
    FHA 405 $110,375,000 $272,531 $8,094 3.16%
    USDA 186 $32,800,000 $176,344 $4,257 3.10%
    VA 135 $45,355,000 $335,963 $6,125 2.88%

    For 2020, Colten Mortgage's most frequently originated type of loan was Conventional, with 1,127 originations. Their 2nd most popular type was FHA, with 405 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 985 $249,745,000 $253,548 $4,168 3.03%
    Home Purchase 726 $226,730,000 $312,300 $6,433 3.24%
    Cash Out Refi 140 $36,950,000 $263,929 $4,468 3.26%
    Home Improvement 2 $470,000 $235,000 $6,940 4.00%

    For 2020, Colten Mortgage's most frequently cited loan purpose was Refi, with 985 originations. The 2nd most popular reason was Home Purchase, with 726 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,738 $486,310,000 $279,810 $5,175 3.15%
    15 Year 72 $15,790,000 $219,306 $3,566 2.74%
    Other 24 $6,970,000 $290,417 $3,677 3.02%
    20 Year 15 $3,965,000 $264,333 $3,981 2.93%
    10 Year 4 $860,000 $215,000 $3,271 3.16%

    For 2020, Colten Mortgage's most frequently cited loan duration was 30 Year, with 1,738 originations. The 2nd most popular length was 15 Year, with 72 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,099 $318,055,000 $289,404
    $<1k 381 $89,095,000 $233,845
    $2k-3k 172 $42,850,000 $249,128
    $3k-4k 92 $25,740,000 $279,783
    $5k+ 58 $22,510,000 $388,103
    $4k-5k 51 $15,645,000 $306,765

    Colten Mortgage's average total fees were $5,175, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,099 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 831 $233,235,000 $280,668
    3-4% 807 $219,215,000 $271,642
    <2.5% 148 $45,220,000 $305,541
    4-5% 63 $15,005,000 $238,175
    5-6% 4 $1,220,000 $305,000

    During 2020, Colten Mortgage's average interest rate for loans was 3.15%, while their most frequently originated rate bucket for loans was 2.5-3%, with 831 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,091 $308,015,000 $282,324 $5,245 3.10%
    $100k-200k 465 $74,005,000 $159,151 $4,077 3.19%
    $400k-600k 262 $124,030,000 $473,397 $5,998 3.08%
    $100,000 or less 27 $2,185,000 $80,926 $3,974 3.54%
    $600k-1MM 7 $4,635,000 $662,143 $15,406 3.29%
    $1MM+ 1 $1,025,000 $1,025,000 $9,021 3.50%

    2020 saw Colten Mortgage place emphasis on $200k-400k loans with 1,091 originations, totaling $308,015,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 394 $96,880,000 $245,888 $5,315 3.18%
    $50k or less 369 $80,555,000 $218,306 $5,235 3.09%
    $75k-100k 326 $97,230,000 $298,252 $5,468 3.12%
    $100k-150k 322 $109,330,000 $339,534 $5,079 3.15%
    $150k-250k 172 $63,400,000 $368,605 $4,683 3.16%
    $250k+ 44 $17,070,000 $387,955 $5,033 3.13%

    Colten Mortgage lent most frequently to those with incomes in the $50k-75k range, with 394 originations. The second most popular income band? $50k or less, with 369 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 346 $98,090,000 $283,497 $4,184 3.11%
    >60% 273 $66,915,000 $245,110 $4,785 2.95%
    30-36% 248 $71,190,000 $287,056 $4,620 3.16%
    <20% 181 $38,375,000 $212,017 $3,999 3.01%
    50-60% 106 $35,030,000 $330,472 $10,140 3.24%
    44% 78 $23,410,000 $300,128 $5,137 3.24%
    43% 64 $17,660,000 $275,938 $5,047 3.19%
    39% 63 $18,345,000 $291,190 $4,860 3.19%
    41% 60 $17,600,000 $293,333 $5,471 3.23%
    36% 55 $15,975,000 $290,455 $5,078 3.17%
    40% 53 $15,735,000 $296,887 $4,857 3.16%
    42% 49 $15,355,000 $313,367 $5,609 3.22%
    49% 48 $13,910,000 $289,792 $5,220 3.22%
    38% 46 $13,650,000 $296,739 $4,900 3.25%
    37% 44 $13,380,000 $304,091 $5,606 3.15%
    47% 44 $12,570,000 $285,682 $5,435 3.28%
    45% 37 $10,035,000 $271,216 $6,468 3.27%
    46% 32 $8,840,000 $276,250 $6,283 3.19%
    48% 26 $7,830,000 $301,154 $5,495 3.20%

    Colten Mortgage lent most frequently to those with DTI ratios of 20-30%, with 346 originations. The next most common DTI ratio? >60%, with 273 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not provided 955 $244,085,000 $255,586 $4,855 3.12%
    White 742 $226,100,000 $304,717 $5,111 3.14%
    Black 102 $27,220,000 $266,863 $6,705 3.15%
    Asian 42 $12,460,000 $296,667 $5,015 3.12%
    American Indian 7 $2,585,000 $369,286 $8,775 2.93%
    Native Hawaiian or Islander 2 $600,000 $300,000 $7,674 3.63%
    Not applicable 2 $540,000 $270,000 $4,165 2.56%
    Other Asian 1 $305,000 $305,000 $3,041 2.88%

    Approval Rates

    Total approvals of all applications
    96.42%

    Colten Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    48.68%

    Colten Mortgage 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
    1964.05 1 $395,000 $395,000
    NA 1,852 $513,500,000 $277,268

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 8 $1,840,000 $230,000
    Single Family (1-4 Units):Site-Built 1,845 $512,055,000 $277,537

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 39 $8,615,000 $220,897 $3,600 2.90%
    40-60% 144 $37,700,000 $261,806 $3,765 2.90%
    60-80% 525 $148,215,000 $282,314 $4,003 3.17%
    80-100% 1,113 $308,355,000 $277,049 $5,628 3.15%
    Over 100% 30 $10,720,000 $357,333 $11,898 2.96%
    Under 20% 2 $290,000 $145,000 $3,904 3.31%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    Colten Mortgage, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    Colten Mortgage, LLC FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%