A&D Mortgage · New Mexico · 2025

A&D Mortgage in New Mexico: approval rate, denial rate and rates (2025)

A&D Mortgage took 58 mortgage applications in New Mexico in 2025, ranking #137 of 599 lenders active in the state. It originated 48.3% of them and denied 12.1% (20.0% of the applications it decided), against a statewide denial rate of 18.6%.

58Applicationsin NM
20.0%Decision denial ratestate 24.7%
6.75%Median ratestate 6.63%
$330,000Median loanstate $205,000
$10MVolume11 counties

A&D Mortgage in New Mexico vs the state

12.1%Denial rate-6.53 pts vs state
20.0%Decision denial rate-4.66 pts vs state
48.3%Origination rate-5.06 pts vs state
6.75%Median rate+0.13 pts vs state
0.15Rate spread (pts)-0.23 pts vs state
$182kMedian applicant income
28Loans originated
7Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202410330.0%9.88%#254
2025582812.1%6.75%#137

What A&D Mortgage lends in New Mexico

By loan purpose

Home purchase 41 71% · 2.4% denied
Refinance 3 5% · 33.3% denied
Cash-out refinance 14 24% · 35.7% denied

By loan type

Conventional 55 95% · 12.7% denied
FHA 1 2% · 0.0% denied
VA 2 3% · 0.0% denied

Why it denied New Mexico applicants

Collateral 3 43%
Other 2 29%
Unverifiable information 1 14%
Debt-to-income ratio 1 14%

Where in New Mexico

Counties with the most A&D Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 22132 9.1%
Taos County 842 25.0%
Lincoln County 850 0.0%
Santa Fe County 712 28.6%
Sandoval County 520 0.0%
Doña Ana County 210 0.0%
Rio Arriba County 210 0.0%
Curry County 100 0.0%
Eddy County 110 0.0%
Valencia County 100 0.0%

Other large lenders in New Mexico

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 4,44020.5%6.75%
21st MortgageF 3,99245.5%9.60%
United Shore Financial ServicesB 3,25112.8%6.13%
Guild MortgageA 3,1864.3%6.63%
NusendaD 2,96213.7%8.00%
Waterstone MortgageC 2,7403.2%6.88%
Vanderbilt Mortgage and FinanceF 2,08546.4%9.99%
Sunward Federal Credit UnionB 1,7659.1%6.50%
Mortgage Research CenterC 1,68315.9%6.25%
Primary Residential MortgageC 1,4974.9%6.63%

Frequently asked questions

New Mexico: 58 applications in 2025, of which 28 were originated and 7 denied.

12.1% of all applications, or 20.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans A&D Mortgage originated in New Mexico in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are A&D 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