Enterprise Bank & Trust in New Mexico vs the state
15.4%Denial rate-3.22 pts vs state
17.8%Decision denial rate-6.88 pts vs state
65.4%Origination rate+12.04 pts vs state
—Median rate
—Rate spread (pts)
$172kMedian applicant income
34Loans originated
8Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 71 | 49 | 7.0% | 6.75% | #107 |
| 2024 | 64 | 36 | 17.2% | — | #118 |
| 2025 | 52 | 34 | 15.4% | — | #150 |
What Enterprise Bank & Trust lends in New Mexico
By loan purpose
By loan type
Where in New Mexico
Counties with the most Enterprise Bank & Trust applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Los Alamos County | 22 | 15 | 3 | 13.6% |
| Santa Fe County | 20 | 11 | 5 | 25.0% |
| Bernalillo County | 7 | 5 | 0 | 0.0% |
| Rio Arriba County | 1 | 1 | 0 | 0.0% |
| Taos County | 1 | 1 | 0 | 0.0% |
| Sandoval County | 1 | 1 | 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: 52 applications in 2025, of which 34 were originated and 8 denied.
15.4% of all applications, or 17.8% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Enterprise Bank & Trust'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