Clearedge Lending · New Mexico · 2025

Clearedge Lending in New Mexico: approval rate, denial rate and rates (2025)

Clearedge Lending took 8 mortgage applications in New Mexico in 2025, ranking #279 of 599 lenders active in the state. It originated 75.0% of them and denied 25.0% (25.0% of the applications it decided), against a statewide denial rate of 18.6%.

8Applicationsin NM
25.0%Decision denial ratestate 24.7%
7.94%Median ratestate 6.63%
$300,000Median loanstate $205,000
$2.1MVolume4 counties

Clearedge Lending in New Mexico vs the state

25.0%Denial rate+6.40 pts vs state
25.0%Decision denial rate+0.34 pts vs state
75.0%Origination rate+21.66 pts vs state
7.94%Median rate+1.31 pts vs state
2.35Rate spread (pts)+1.97 pts vs state
$228kMedian applicant income
6Loans originated
2Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236333.3%9.13%#281
20258625.0%7.94%#279

What Clearedge Lending lends in New Mexico

By loan purpose

Home purchase 7 88% · 28.6% denied
Cash-out refinance 1 13% · 0.0% denied

By loan type

Conventional 8 100% · 25.0% denied

Why it denied New Mexico applicants

Other 1 50%
Debt-to-income ratio 1 50%

Where in New Mexico

Counties with the most Clearedge Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 431 25.0%
Sandoval County 211 50.0%
Valencia County 110 0.0%
Doña Ana County 110 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: 8 applications in 2025, of which 6 were originated and 2 denied.

25.0% of all applications, or 25.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Clearedge Lending originated in New Mexico in 2025 was 7.94%, against a statewide median of 6.63%.

About this data. Figures are Clearedge Lending'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