21st Mortgage in New Mexico vs the state
45.5%Denial rate+26.89 pts vs state
68.3%Decision denial rate+43.61 pts vs state
19.6%Origination rate-33.73 pts vs state
9.60%Median rate+2.97 pts vs state
3.81Rate spread (pts)+3.43 pts vs state
$71kMedian applicant income
783Loans originated
1,816Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,840 | 732 | 47.6% | 9.15% | #1 |
| 2024 | 4,255 | 811 | 44.8% | 9.43% | #1 |
| 2025 | 3,992 | 783 | 45.5% | 9.60% | #2 |
What 21st Mortgage lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most 21st Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Doña Ana County | 505 | 96 | 258 | 51.1% |
| Bernalillo County | 477 | 75 | 236 | 49.5% |
| Lea County | 408 | 47 | 172 | 42.2% |
| Santa Fe County | 306 | 62 | 141 | 46.1% |
| San Juan County | 277 | 44 | 143 | 51.6% |
| Otero County | 267 | 68 | 93 | 34.8% |
| Valencia County | 217 | 46 | 88 | 40.6% |
| Eddy County | 214 | 36 | 100 | 46.7% |
| Rio Arriba County | 160 | 43 | 59 | 36.9% |
| Sandoval County | 159 | 35 | 77 | 48.4% |
Other large lenders in New Mexico
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 4,440 | 20.5% | 6.75% |
| United Shore Financial Services | B | 3,251 | 12.8% | 6.13% |
| Guild Mortgage | A | 3,186 | 4.3% | 6.63% |
| Nusenda | D | 2,962 | 13.7% | 8.00% |
| Waterstone Mortgage | C | 2,740 | 3.2% | 6.88% |
| Vanderbilt Mortgage and Finance | F | 2,085 | 46.4% | 9.99% |
| Sunward Federal Credit Union | B | 1,765 | 9.1% | 6.50% |
| Mortgage Research Center | C | 1,683 | 15.9% | 6.25% |
| Primary Residential Mortgage | C | 1,497 | 4.9% | 6.63% |
| Loandepot.Com | D | 1,441 | 24.6% | 6.75% |
Frequently asked questions
New Mexico: 3,992 applications in 2025, of which 783 were originated and 1,816 denied.
45.5% of all applications, or 68.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans 21st Mortgage originated in New Mexico in 2025 was 9.60%, against a statewide median of 6.63%.
About this data. Figures are 21st Mortgage's own HMDA filing for properties located in New Mexico, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology