# COLORAMO

> **Canonical URL:** https://saferate.com/lenders/coloramo


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


COLORAMO is a credit union, headquartered in Grand Junction, CO, with 19 loans originated in the most recent reporting period.

**At a Glance:**
- **Approval Rate:** Ranks in the top 59% for loan approval success

## Overview

- **Institution Type:** Credit Union
- **LEI (Legal Entity Identifier):** 549300VEXSWLQB1TM843
- **Headquarters:** Grand Junction, CO
- **Geographic Reach:** Single State
- **States Served:** 1
- **State List:** CO
- **Markets (MSAs):** 1
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pull Through: Sound ☺️
- Score: 41/100
- Rating: ●●●○○ (3/5)


### Lending Volume
- **Total Loans:** 19
- **Dollar Volume:** $4 million
- **Applications Received:** 26
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $212,368
- **Average Borrower Income:** $104,632
- **Average Property Value:** $565,625

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 27/100 | 19 | +0.616% | $3,872 | Acceptable 🙂 |

### Product Performance by Purpose

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Refinance | 43/100 | 15 | $3M | +0.738% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| CO | 19 | 0.02% | 56/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Grand Junction, CO | CO | 18 | 63/100 |

## Where This Lender Ranks

COLORAMO appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Grand Junction, CO for Conventional Loans (Credit Unions)
  - [View Full Rankings](https://saferate.com/grand-junction-co/best-mortgage-lenders/credit-unions/conventional-loans)

## Frequently Asked Questions

### What loan types does COLORAMO offer?

COLORAMO offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does COLORAMO offer mortgages?

COLORAMO offers mortgages in 1 states: CO.

### What type of lender is COLORAMO?

COLORAMO is a member-owned financial cooperative that typically offers competitive rates to its members, headquartered in Grand Junction, CO.

### What is COLORAMO's loan approval success rate?

COLORAMO has a pull-through score of 41/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/coloramo

### How to Cite

> "COLORAMO Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/coloramo

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**[View Interactive Profile →](https://saferate.com/lenders/coloramo)**