Broker Solutions in New Mexico vs the state
10.3%Denial rate-8.34 pts vs state
23.6%Decision denial rate-1.10 pts vs state
32.5%Origination rate-20.85 pts vs state
6.88%Median rate+0.25 pts vs state
0.73Rate spread (pts)+0.35 pts vs state
$78kMedian applicant income
323Loans originated
102Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 530 | 158 | 11.5% | 6.75% | #28 |
| 2024 | 878 | 312 | 9.1% | 7.13% | #20 |
| 2025 | 994 | 323 | 10.3% | 6.88% | #18 |
What Broker Solutions lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Broker Solutions applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 216 | 60 | 19 | 8.8% |
| Doña Ana County | 152 | 54 | 13 | 8.6% |
| Sandoval County | 111 | 37 | 13 | 11.7% |
| Chaves County | 95 | 50 | 6 | 6.3% |
| Eddy County | 65 | 27 | 2 | 3.1% |
| Santa Fe County | 61 | 22 | 11 | 18.0% |
| San Juan County | 45 | 12 | 8 | 17.8% |
| Otero County | 38 | 19 | 2 | 5.3% |
| Valencia County | 37 | 8 | 5 | 13.5% |
| Lea County | 27 | 4 | 6 | 22.2% |
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: 994 applications in 2025, of which 323 were originated and 102 denied.
10.3% of all applications, or 23.6% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Broker Solutions originated in New Mexico in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are Broker Solutions'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