American Heritage Lending in New Mexico vs the state
6.1%Denial rate-12.54 pts vs state
8.3%Decision denial rate-16.33 pts vs state
57.6%Origination rate+4.24 pts vs state
9.88%Median rate+3.25 pts vs state
6.29Rate spread (pts)+5.91 pts vs state
$246kMedian applicant income
38Loans originated
4Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 30 | 15 | 3.3% | 10.25% | #154 |
| 2024 | 48 | 39 | 0.0% | 11.25% | #136 |
| 2025 | 66 | 38 | 6.1% | 9.88% | #127 |
What American Heritage Lending 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 Heritage Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 26 | 18 | 3 | 11.5% |
| Doña Ana County | 7 | 5 | 0 | 0.0% |
| Santa Fe County | 6 | 4 | 1 | 16.7% |
| Los Alamos County | 6 | 1 | 0 | 0.0% |
| Sandoval County | 4 | 4 | 0 | 0.0% |
| Chaves County | 4 | 0 | 0 | 0.0% |
| San Juan County | 3 | 1 | 0 | 0.0% |
| Otero County | 2 | 0 | 0 | 0.0% |
| McKinley County | 2 | 2 | 0 | 0.0% |
| Lea County | 2 | 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: 66 applications in 2025, of which 38 were originated and 4 denied.
6.1% of all applications, or 8.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans American Heritage Lending originated in New Mexico in 2025 was 9.88%, against a statewide median of 6.63%.
About this data. Figures are American Heritage Lending'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