The Mortgage Record
Lender report card · New Jersey

Mortgage Solutions Of Colorado

Colorado Springs, CO · What the federal mortgage record shows about how Mortgage Solutions Of Colorado treated New Jersey applicants, 2018–2025 — 257 reported decisions. This is historical behavior, not a prediction about your loan.

Approval rate
92.6%
238 approved
Denial rate
7.4%
19 denied
Decisions
257
2018–2025
Avg. rate spread
+0.81 pp
vs. market benchmark
92.6% approved
7.4% denied

Share of 257 New Jersey applications Mortgage Solutions Of Colorado approved vs. denied. Excludes loans it merely purchased on the secondary market, and applications withdrawn or left incomplete.

Approval rate by loan type

Conventional95.8% of 48 · NJ 87%FHA93.5% of 92 · NJ 79%VA90.6% of 117 · NJ 80%

“NJ” = the statewide average approval rate for that loan type, for comparison.

Approval rate over time

74%80%86%92%98%78%86%98%88%81%92%100%97%20182019202020212022202320242025

Pricing

Adjusting for its loan-type mix, Mortgage Solutions Of Colorado’s rates ran +0.41 pp higher than the typical New Jersey lender (average rate spread +0.81 pp above the market benchmark). Rate spread is APR minus the average prime offer rate; positive means costlier than the low-risk benchmark.

Who Mortgage Solutions Of Colorado approves

By income
Under $50k90.0% · 40$50–75k89.6% · 48$75–100k91.1% · 45$100–150k91.0% · 67$150–250k100.0% · 45
By debt-to-income
Under 36%93.1% · 7236–43%96.6% · 5843–50%94.1% · 51Over 50%87.9% · 66
By down payment (LTV)
20%+ down96.6% · 117Under 3% down90.0% · 70

Why Mortgage Solutions Of Colorado denied applications

Other47% of denialsCredit history42% of denialsDebt-to-income ratio26% of denialsCollateral (value/type)21% of denialsInsufficient cash to close11% of denials

Where Mortgage Solutions Of Colorado lends in NJ

CountyDecisionsApproval
Burlington County3290.6%
Ocean County27100.0%

Fees & closing costs

Median total loan costs
$7,826
home purchase
As % of loan
3.08%
NJ median 1.93%
Priced originations
63
with fee data

Median lender and third-party costs (the Loan Estimate’s “total loan costs”) on Mortgage Solutions Of Colorado’s home-purchase originations — 1.14 points higher than the 1.93% New Jersey median. Typical lender credit toward costs: $246. Excludes prepaid taxes/insurance and escrow deposits. Fees are reported on roughly two-thirds of originations (small lenders are exempt). Methodology →

Compare Mortgage Solutions Of Colorado to other lenders for your profile

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Source: CFPB HMDA loan-level data, 2018–2025 · first-lien, closed-end mortgages on 1–4 family homes in New Jersey reported by Mortgage Solutions Of Colorado (LEI 549300PBTV7FCWLSMM53). Rates describe past reported outcomes for the lender’s applicant pool and are not a prediction for any individual. Methodology →