Barrington Bank & Trust Company · New Mexico · 2025

Barrington Bank & Trust Company in New Mexico: approval rate, denial rate and rates (2025)

Barrington Bank & Trust Company took 53 mortgage applications in New Mexico in 2025, ranking #148 of 599 lenders active in the state. It originated 56.6% of them and denied 9.4% (14.3% of the applications it decided), against a statewide denial rate of 18.6%.

53Applicationsin NM
14.3%Decision denial ratestate 24.7%
6.75%Median ratestate 6.63%
$235,000Median loanstate $205,000
$9.1MVolume17 counties

Barrington Bank & Trust Company in New Mexico vs the state

9.4%Denial rate-9.17 pts vs state
14.3%Decision denial rate-10.37 pts vs state
56.6%Origination rate+3.26 pts vs state
6.75%Median rate+0.13 pts vs state
0.30Rate spread (pts)-0.09 pts vs state
$90kMedian applicant income
30Loans originated
5Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023603415.0%6.75%#114
202457357.0%6.38%#123
202553309.4%6.75%#148

What Barrington Bank & Trust Company lends in New Mexico

By loan purpose

Home purchase 27 51% · 7.4% denied
Refinance 9 17% · 0.0% denied
Cash-out refinance 16 30% · 18.8% denied
Other / HELOC 1 2% · 0.0% denied

By loan type

Conventional 21 40% · 4.8% denied
FHA 5 9% · 20.0% denied
VA 27 51% · 11.1% denied

Why it denied New Mexico applicants

Debt-to-income ratio 3 60%
Credit history 1 20%
Insufficient cash 1 20%

Where in New Mexico

Counties with the most Barrington Bank & Trust Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 1552 13.3%
Sandoval County 750 0.0%
Valencia County 541 20.0%
San Juan County 430 0.0%
Eddy County 320 0.0%
Luna County 301 33.3%
Santa Fe County 330 0.0%
Otero County 201 50.0%
Doña Ana County 210 0.0%
San Miguel County 210 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: 53 applications in 2025, of which 30 were originated and 5 denied.

9.4% of all applications, or 14.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Barrington Bank & Trust Company originated in New Mexico in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Barrington Bank & Trust Company'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