Builders Choice Mortgage in New Mexico vs the state
3.7%Denial rate-14.90 pts vs state
4.8%Decision denial rate-19.88 pts vs state
73.8%Origination rate+20.43 pts vs state
6.63%Median rate0.00 pts vs state
0.37Rate spread (pts)-0.01 pts vs state
$110kMedian applicant income
239Loans originated
12Denied
What Builders Choice Mortgage lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Builders Choice Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 160 | 117 | 9 | 5.6% |
| Sandoval County | 92 | 65 | 2 | 2.2% |
| Valencia County | 31 | 24 | 0 | 0.0% |
| Santa Fe County | 14 | 13 | 1 | 7.1% |
| Taos County | 8 | 6 | 0 | 0.0% |
| Torrance County | 3 | 3 | 0 | 0.0% |
| Sierra County | 3 | 3 | 0 | 0.0% |
| Colfax County | 2 | 2 | 0 | 0.0% |
| Los Alamos County | 2 | 2 | 0 | 0.0% |
| Doña Ana County | 2 | 2 | 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: 324 applications in 2025, of which 239 were originated and 12 denied.
3.7% of all applications, or 4.8% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Builders Choice Mortgage originated in New Mexico in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Builders Choice 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