American Financial Network in New Mexico vs the state
7.2%Denial rate-11.40 pts vs state
11.5%Decision denial rate-13.12 pts vs state
51.2%Origination rate-2.14 pts vs state
6.75%Median rate+0.13 pts vs state
0.52Rate spread (pts)+0.14 pts vs state
$92kMedian applicant income
64Loans originated
9Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 57 | 26 | 8.8% | 6.94% | #120 |
| 2024 | 79 | 44 | 5.1% | 7.00% | #107 |
| 2025 | 125 | 64 | 7.2% | 6.75% | #98 |
What American Financial Network lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most American Financial Network applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 49 | 24 | 4 | 8.2% |
| Sandoval County | 22 | 9 | 5 | 22.7% |
| Eddy County | 9 | 7 | 0 | 0.0% |
| Doña Ana County | 7 | 2 | 0 | 0.0% |
| Santa Fe County | 7 | 6 | 0 | 0.0% |
| McKinley County | 5 | 2 | 0 | 0.0% |
| Chaves County | 5 | 4 | 0 | 0.0% |
| Lincoln County | 5 | 2 | 0 | 0.0% |
| Valencia County | 5 | 2 | 0 | 0.0% |
| Los Alamos County | 3 | 1 | 0 | 0.0% |
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: 125 applications in 2025, of which 64 were originated and 9 denied.
7.2% of all applications, or 11.5% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans American Financial Network originated in New Mexico in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are American Financial Network'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