American Pacific Mortgage · New Mexico · 2025

American Pacific Mortgage in New Mexico: approval rate, denial rate and rates (2025)

American Pacific Mortgage took 318 mortgage applications in New Mexico in 2025, ranking #61 of 599 lenders active in the state. It originated 64.2% of them and denied 12.9% (16.7% of the applications it decided), against a statewide denial rate of 18.6%.

318Applicationsin NM
16.7%Decision denial ratestate 24.7%
6.63%Median ratestate 6.63%
$215,000Median loanstate $205,000
$41MVolume18 counties

American Pacific Mortgage in New Mexico vs the state

12.9%Denial rate-5.71 pts vs state
16.7%Decision denial rate-7.93 pts vs state
64.2%Origination rate+10.81 pts vs state
6.63%Median rate0.00 pts vs state
0.48Rate spread (pts)+0.10 pts vs state
$83kMedian applicant income
204Loans originated
41Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232081229.6%6.75%#71
20241781128.4%6.75%#74
202531820412.9%6.63%#61

What American Pacific Mortgage lends in New Mexico

By loan purpose

Home purchase 279 88% · 12.2% denied
Refinance 11 3% · 18.2% denied
Cash-out refinance 28 9% · 17.9% denied

By loan type

Conventional 188 59% · 13.8% denied
FHA 106 33% · 11.3% denied
VA 22 7% · 13.6% denied
USDA / RHS 2 1% · 0.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 14 34%
Incomplete application 13 32%
Credit history 7 17%
Insufficient cash 3 7%
Unverifiable information 2 5%
Collateral 2 5%

Where in New Mexico

Counties with the most American Pacific Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 885712 13.6%
Sandoval County 55328 14.5%
Doña Ana County 38301 2.6%
Eddy County 35242 5.7%
Valencia County 25161 4.0%
Santa Fe County 19123 15.8%
Torrance County 1265 41.7%
San Juan County 1036 60.0%
Lincoln County 622 33.3%
Curry County 640 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: 318 applications in 2025, of which 204 were originated and 41 denied.

12.9% of all applications, or 16.7% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans American Pacific Mortgage originated in New Mexico in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are American Pacific 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