Churchill Mortgage · New Mexico · 2025

Churchill Mortgage in New Mexico: approval rate, denial rate and rates (2025)

Churchill Mortgage took 40 mortgage applications in New Mexico in 2025, ranking #164 of 599 lenders active in the state. It originated 62.5% of them and denied 5.0% (6.9% of the applications it decided), against a statewide denial rate of 18.6%.

40Applicationsin NM
6.9%Decision denial ratestate 24.7%
6.75%Median ratestate 6.63%
$230,000Median loanstate $205,000
$6.7MVolume14 counties

Churchill Mortgage in New Mexico vs the state

5.0%Denial rate-13.60 pts vs state
6.9%Decision denial rate-17.76 pts vs state
62.5%Origination rate+9.16 pts vs state
6.75%Median rate+0.13 pts vs state
0.43Rate spread (pts)+0.04 pts vs state
$116kMedian applicant income
25Loans originated
2Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023251620.0%6.87%#169
202439185.1%7.13%#154
202540255.0%6.75%#164

What Churchill Mortgage lends in New Mexico

By loan purpose

Home purchase 25 63% · 8.0% denied
Refinance 8 20% · 0.0% denied
Cash-out refinance 7 18% · 0.0% denied

By loan type

Conventional 27 68% · 0.0% denied
FHA 4 10% · 50.0% denied
VA 9 23% · 0.0% denied

Why it denied New Mexico applicants

Credit history 2 100%

Where in New Mexico

Counties with the most Churchill Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 810 0.0%
Santa Fe County 640 0.0%
Curry County 550 0.0%
San Juan County 321 33.3%
Colfax County 310 0.0%
Chaves County 220 0.0%
McKinley County 220 0.0%
Rio Arriba County 210 0.0%
Sandoval County 220 0.0%
Doña Ana County 220 0.0%

Other large lenders in New Mexico

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 4,44020.5%6.75%
21st MortgageF 3,99245.5%9.60%
United Shore Financial ServicesB 3,25112.8%6.13%
Guild MortgageA 3,1864.3%6.63%
NusendaD 2,96213.7%8.00%
Waterstone MortgageC 2,7403.2%6.88%
Vanderbilt Mortgage and FinanceF 2,08546.4%9.99%
Sunward Federal Credit UnionB 1,7659.1%6.50%
Mortgage Research CenterC 1,68315.9%6.25%
Primary Residential MortgageC 1,4974.9%6.63%

Frequently asked questions

New Mexico: 40 applications in 2025, of which 25 were originated and 2 denied.

5.0% of all applications, or 6.9% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Churchill Mortgage originated in New Mexico in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Churchill 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