Dhi Mortgage Company · New Mexico · 2025

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

Dhi Mortgage Company took 720 mortgage applications in New Mexico in 2025, ranking #26 of 599 lenders active in the state. It originated 60.0% of them and denied 20.1% (25.0% of the applications it decided), against a statewide denial rate of 18.6%.

720Applicationsin NM
25.0%Decision denial ratestate 24.7%
4.99%Median ratestate 6.63%
$365,000Median loanstate $205,000
$154MVolume4 counties

Dhi Mortgage Company in New Mexico vs the state

20.1%Denial rate+1.54 pts vs state
25.0%Decision denial rate+0.38 pts vs state
60.0%Origination rate+6.66 pts vs state
4.99%Median rate-1.63 pts vs state
-1.53Rate spread (pts)-1.91 pts vs state
$94kMedian applicant income
432Loans originated
145Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20235994386.5%5.50%#25
20246244319.1%4.99%#28
202572043220.1%4.99%#26

What Dhi Mortgage Company lends in New Mexico

By loan purpose

Home purchase 715 99% · 20.3% denied
Refinance 1 0% · 0.0% denied
Cash-out refinance 4 1% · 0.0% denied

By loan type

Conventional 175 24% · 15.4% denied
FHA 395 55% · 21.3% denied
VA 120 17% · 15.8% denied
USDA / RHS 30 4% · 50.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 91 63%
Credit history 32 22%
Insufficient cash 10 7%
Other 8 6%
Unverifiable information 4 3%

Where in New Mexico

Counties with the most Dhi Mortgage Company applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 24415741 16.8%
Sandoval County 23313843 18.5%
Valencia County 1468437 25.3%
Santa Fe County 975324 24.7%

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: 720 applications in 2025, of which 432 were originated and 145 denied.

20.1% 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 Dhi Mortgage Company originated in New Mexico in 2025 was 4.99%, against a statewide median of 6.63%.

About this data. Figures are Dhi Mortgage Company'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