AMERICA FIRST Federal Credit Union in New Mexico vs the state
33.0%Denial rate+14.37 pts vs state
36.1%Decision denial rate+11.48 pts vs state
52.8%Origination rate-0.59 pts vs state
6.99%Median rate+0.37 pts vs state
0.45Rate spread (pts)+0.07 pts vs state
$117kMedian applicant income
48Loans originated
30Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 24 | 12 | 25.0% | 7.49% | #171 |
| 2024 | 44 | 24 | 31.8% | 7.62% | #143 |
| 2025 | 91 | 48 | 33.0% | 6.99% | #106 |
What AMERICA FIRST Federal Credit Union lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most AMERICA FIRST Federal Credit Union applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 28 | 17 | 10 | 35.7% |
| Sandoval County | 20 | 11 | 3 | 15.0% |
| San Juan County | 7 | 5 | 2 | 28.6% |
| Union County | 5 | 1 | 3 | 60.0% |
| Eddy County | 4 | 1 | 3 | 75.0% |
| Curry County | 4 | 3 | 0 | 0.0% |
| Doña Ana County | 4 | 4 | 0 | 0.0% |
| Valencia County | 4 | 0 | 2 | 50.0% |
| Santa Fe County | 2 | 0 | 1 | 50.0% |
| Catron County | 2 | 0 | 2 | 100.0% |
Other large lenders in New Mexico
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 4,440 | 20.5% | 6.75% |
| 21st Mortgage | F | 3,992 | 45.5% | 9.60% |
| 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% |
Frequently asked questions
New Mexico: 91 applications in 2025, of which 48 were originated and 30 denied.
33.0% of all applications, or 36.1% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans AMERICA FIRST Federal Credit Union originated in New Mexico in 2025 was 6.99%, against a statewide median of 6.63%.
About this data. Figures are AMERICA FIRST Federal Credit Union'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