Finance of America Reverse in New Mexico vs the state
9.2%Denial rate-9.37 pts vs state
13.3%Decision denial rate-11.33 pts vs state
58.5%Origination rate+5.12 pts vs state
6.25%Median rate-0.38 pts vs state
—Rate spread (pts)
$27kMedian applicant income
38Loans originated
6Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 72 | 47 | 15.3% | 7.58% | #106 |
| 2024 | 69 | 41 | 11.6% | 7.12% | #113 |
| 2025 | 65 | 38 | 9.2% | 6.25% | #128 |
What Finance of America Reverse lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Finance of America Reverse applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 15 | 6 | 3 | 20.0% |
| Santa Fe County | 15 | 11 | 0 | 0.0% |
| Sandoval County | 9 | 7 | 1 | 11.1% |
| Valencia County | 5 | 1 | 0 | 0.0% |
| Doña Ana County | 5 | 4 | 1 | 20.0% |
| Lincoln County | 3 | 2 | 0 | 0.0% |
| Grant County | 2 | 1 | 0 | 0.0% |
| Chaves County | 2 | 1 | 0 | 0.0% |
| Rio Arriba County | 2 | 1 | 0 | 0.0% |
| Curry 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: 65 applications in 2025, of which 38 were originated and 6 denied.
9.2% of all applications, or 13.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Finance of America Reverse originated in New Mexico in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Finance of America Reverse'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