Equity Prime Mortgage in New Mexico vs the state
6.6%Denial rate-12.01 pts vs state
13.8%Decision denial rate-10.87 pts vs state
41.2%Origination rate-12.13 pts vs state
6.63%Median rate0.00 pts vs state
0.44Rate spread (pts)+0.06 pts vs state
$86kMedian applicant income
75Loans originated
12Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 68 | 40 | 0.0% | 6.75% | #109 |
| 2024 | 92 | 66 | 1.1% | 7.06% | #98 |
| 2025 | 182 | 75 | 6.6% | 6.63% | #83 |
What Equity Prime Mortgage lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Equity Prime Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 51 | 19 | 2 | 3.9% |
| Doña Ana County | 22 | 11 | 3 | 13.6% |
| Sandoval County | 18 | 10 | 0 | 0.0% |
| Torrance County | 14 | 7 | 0 | 0.0% |
| Valencia County | 13 | 4 | 1 | 7.7% |
| Santa Fe County | 11 | 7 | 1 | 9.1% |
| Otero County | 10 | 1 | 0 | 0.0% |
| Eddy County | 9 | 4 | 1 | 11.1% |
| San Juan County | 4 | 2 | 1 | 25.0% |
| Luna County | 4 | 0 | 1 | 25.0% |
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: 182 applications in 2025, of which 75 were originated and 12 denied.
6.6% of all applications, or 13.8% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Equity Prime Mortgage originated in New Mexico in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Equity Prime 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