CMG Mortgage · New Mexico · 2025

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

CMG Mortgage took 1,225 mortgage applications in New Mexico in 2025, ranking #15 of 599 lenders active in the state. It originated 66.9% of them and denied 5.3% (6.7% of the applications it decided), against a statewide denial rate of 18.6%.

1.2kApplicationsin NM
6.7%Decision denial ratestate 24.7%
6.63%Median ratestate 6.63%
$215,000Median loanstate $205,000
$167MVolume24 counties

CMG Mortgage in New Mexico vs the state

5.3%Denial rate-13.29 pts vs state
6.7%Decision denial rate-18.01 pts vs state
66.9%Origination rate+13.52 pts vs state
6.63%Median rate0.00 pts vs state
0.38Rate spread (pts)0.00 pts vs state
$87kMedian applicant income
819Loans originated
65Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20236584435.0%6.75%#21
20241,0647005.3%6.63%#15
20251,2258195.3%6.63%#15

What CMG Mortgage lends in New Mexico

By loan purpose

Home purchase 1,008 82% · 5.1% denied
Refinance 116 9% · 6.0% denied
Cash-out refinance 86 7% · 1.2% denied
Home improvement 1 0% · 0.0% denied
Other / HELOC 14 1% · 42.9% denied

By loan type

Conventional 415 34% · 3.9% denied
FHA 363 30% · 4.7% denied
VA 110 9% · 1.8% denied
USDA / RHS 337 28% · 8.9% denied

Why it denied New Mexico applicants

Debt-to-income ratio 26 40%
Credit history 11 17%
Other 10 15%
Unverifiable information 8 12%
Collateral 5 8%
Employment history 3 5%
Incomplete application 2 3%

Where in New Mexico

Counties with the most CMG Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 43729019 4.3%
Chaves County 23718110 4.2%
Sandoval County 16612110 6.0%
Doña Ana County 89586 6.7%
Valencia County 68386 8.8%
Santa Fe County 36194 11.1%
Eddy County 32241 3.1%
Cibola County 26172 7.7%
Otero County 23113 13.0%
Taos County 17102 11.8%

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: 1,225 applications in 2025, of which 819 were originated and 65 denied.

5.3% of all applications, or 6.7% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

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

About this data. Figures are CMG 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