Carrington Mortgage Services in New Mexico vs the state
40.2%Denial rate+21.56 pts vs state
51.0%Decision denial rate+26.35 pts vs state
27.1%Origination rate-26.21 pts vs state
6.63%Median rate0.00 pts vs state
0.66Rate spread (pts)+0.28 pts vs state
$92kMedian applicant income
102Loans originated
151Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 275 | 89 | 44.4% | 6.38% | #63 |
| 2024 | 319 | 80 | 42.6% | 6.50% | #53 |
| 2025 | 376 | 102 | 40.2% | 6.63% | #49 |
What Carrington Mortgage Services lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Carrington Mortgage Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 129 | 43 | 45 | 34.9% |
| Sandoval County | 43 | 13 | 14 | 32.6% |
| Doña Ana County | 39 | 11 | 18 | 46.2% |
| San Juan County | 26 | 5 | 12 | 46.2% |
| Otero County | 24 | 5 | 9 | 37.5% |
| Santa Fe County | 17 | 3 | 9 | 52.9% |
| Lea County | 16 | 6 | 8 | 50.0% |
| Valencia County | 16 | 3 | 7 | 43.8% |
| McKinley County | 11 | 2 | 4 | 36.4% |
| Curry County | 9 | 1 | 7 | 77.8% |
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: 376 applications in 2025, of which 102 were originated and 151 denied.
40.2% of all applications, or 51.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Carrington Mortgage Services originated in New Mexico in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Carrington Mortgage Services'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