Coastal Community Bank in New Mexico vs the state
2.7%Denial rate-15.92 pts vs state
3.9%Decision denial rate-20.75 pts vs state
26.3%Origination rate-27.04 pts vs state
10.24%Median rate+3.62 pts vs state
3.08Rate spread (pts)+2.70 pts vs state
$112kMedian applicant income
157Loans originated
16Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 262 | 115 | 0.0% | 14.49% | #64 |
| 2024 | 425 | 112 | 2.1% | 12.12% | #41 |
| 2025 | 597 | 157 | 2.7% | 10.24% | #28 |
What Coastal Community Bank lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Coastal Community Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 217 | 58 | 7 | 3.2% |
| Sandoval County | 87 | 35 | 2 | 2.3% |
| Doña Ana County | 75 | 23 | 2 | 2.7% |
| Santa Fe County | 58 | 12 | 1 | 1.7% |
| Valencia County | 32 | 5 | 0 | 0.0% |
| Eddy County | 21 | 5 | 0 | 0.0% |
| Otero County | 15 | 1 | 0 | 0.0% |
| Chaves County | 14 | 5 | 0 | 0.0% |
| Lea County | 13 | 2 | 1 | 7.7% |
| Curry County | 12 | 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: 597 applications in 2025, of which 157 were originated and 16 denied.
2.7% of all applications, or 3.9% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Coastal Community Bank originated in New Mexico in 2025 was 10.24%, against a statewide median of 6.63%.
About this data. Figures are Coastal Community Bank'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