Farm Credit Mid-America in New Mexico vs the state
12.5%Denial rate-6.10 pts vs state
15.8%Decision denial rate-8.87 pts vs state
66.7%Origination rate+13.33 pts vs state
7.13%Median rate+0.50 pts vs state
0.52Rate spread (pts)+0.14 pts vs state
$188kMedian applicant income
16Loans originated
3Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 9 | 3 | 33.3% | 6.88% | #254 |
| 2024 | 26 | 18 | 15.4% | 7.25% | #181 |
| 2025 | 24 | 16 | 12.5% | 7.13% | #189 |
What Farm Credit Mid-America lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Farm Credit Mid-America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Doña Ana County | 7 | 6 | 0 | 0.0% |
| Chaves County | 4 | 2 | 2 | 50.0% |
| Santa Fe County | 4 | 2 | 0 | 0.0% |
| Otero County | 2 | 2 | 0 | 0.0% |
| Rio Arriba County | 2 | 2 | 0 | 0.0% |
| Colfax County | 1 | 0 | 0 | 0.0% |
| Hidalgo County | 1 | 1 | 0 | 0.0% |
| De Baca County | 1 | 0 | 0 | 0.0% |
| Catron County | 1 | 0 | 1 | 100.0% |
| Valencia 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: 24 applications in 2025, of which 16 were originated and 3 denied.
12.5% of all applications, or 15.8% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Farm Credit Mid-America originated in New Mexico in 2025 was 7.13%, against a statewide median of 6.63%.
About this data. Figures are Farm Credit Mid-America'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