BOKF in New Mexico vs the state
17.1%Denial rate-1.50 pts vs state
22.6%Decision denial rate-2.02 pts vs state
57.4%Origination rate+4.06 pts vs state
6.63%Median rate0.00 pts vs state
0.27Rate spread (pts)-0.11 pts vs state
$104kMedian applicant income
772Loans originated
230Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 1,621 | 924 | 26.2% | 6.88% | #8 |
| 2024 | 1,657 | 944 | 20.3% | 6.88% | #10 |
| 2025 | 1,345 | 772 | 17.1% | 6.63% | #12 |
What BOKF lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most BOKF applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 796 | 471 | 131 | 16.5% |
| Sandoval County | 216 | 127 | 31 | 14.4% |
| Santa Fe County | 109 | 63 | 14 | 12.8% |
| Valencia County | 51 | 28 | 12 | 23.5% |
| Los Alamos County | 25 | 13 | 4 | 16.0% |
| McKinley County | 22 | 16 | 2 | 9.1% |
| Doña Ana County | 21 | 8 | 4 | 19.0% |
| Rio Arriba County | 15 | 8 | 2 | 13.3% |
| Lea County | 14 | 3 | 8 | 57.1% |
| Torrance County | 10 | 8 | 1 | 10.0% |
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: 1,345 applications in 2025, of which 772 were originated and 230 denied.
17.1% of all applications, or 22.6% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans BOKF originated in New Mexico in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are BOKF'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