Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for El Paso County, Colorado
Every institution that decided a 1–4 unit mortgage application in El Paso County, home to Colorado Springs, between 2023 and 2025: 70,141 applications, 54,625 loans actually funded, across 8 kinds of borrowing.
El Paso County at a glance
70,141Applications decided
2023–2025
54,625Loans funded
78% of decisions
167Census tracts
36 ZIP codes
736,008People
ACS 2023
What the data shows
The typical purchase mortgage here is $415K.
Investment home improvement is the hardest money to get here: lenders approved 62% of 778 applications.
Lending by loan type in El Paso County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 91.8% | 37,254 | $415K | 95% | 546 |
| Home improvement loans | 72.5% | 8,515 | $75K | 88% | 151 |
| Cash-out refinance | 69.1% | 9,377 | $275K | 91% | 294 |
| Refinance | 82.0% | 10,382 | $415K | 89% | 315 |
| Investment property purchase | 88.2% | 2,378 | $295K | 93% | 265 |
| Investment cash-out refinance | 67.8% | 739 | $235K | 90% | 151 |
| Investment refinance | 75.6% | 718 | $275K | 87% | 150 |
| Investment home improvement | 62.5% | 778 | $105K | 86% | 64 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.