Calcon Mutual Mortgage in New Mexico vs the state
1.9%Denial rate-16.75 pts vs state
2.5%Decision denial rate-22.18 pts vs state
72.2%Origination rate+18.88 pts vs state
6.25%Median rate-0.38 pts vs state
0.16Rate spread (pts)-0.22 pts vs state
$102kMedian applicant income
234Loans originated
6Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 286 | 204 | 4.2% | 7.13% | #59 |
| 2024 | 275 | 198 | 3.6% | 6.63% | #58 |
| 2025 | 324 | 234 | 1.9% | 6.25% | #58 |
What Calcon Mutual 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 Calcon Mutual Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Sandoval County | 124 | 97 | 1 | 0.8% |
| Bernalillo County | 99 | 62 | 2 | 2.0% |
| Valencia County | 65 | 49 | 3 | 4.6% |
| McKinley County | 20 | 15 | 0 | 0.0% |
| Torrance County | 5 | 5 | 0 | 0.0% |
| Santa Fe County | 3 | 1 | 0 | 0.0% |
| Cibola County | 3 | 2 | 0 | 0.0% |
| Sierra County | 1 | 0 | 0 | 0.0% |
| Doña Ana County | 1 | 1 | 0 | 0.0% |
| Taos County | 1 | 0 | 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 234 were originated and 6 denied.
1.9% of all applications, or 2.5% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Calcon Mutual Mortgage originated in New Mexico in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Calcon Mutual 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