First National Bank of America in New Mexico vs the state
20.0%Denial rate+1.40 pts vs state
40.0%Decision denial rate+15.34 pts vs state
30.0%Origination rate-23.34 pts vs state
10.75%Median rate+4.13 pts vs state
5.51Rate spread (pts)+5.13 pts vs state
$83kMedian applicant income
3Loans originated
2Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 7 | 3 | 14.3% | 10.50% | #263 |
| 2024 | 10 | 6 | 10.0% | 8.99% | #251 |
| 2025 | 10 | 3 | 20.0% | 10.75% | #259 |
What First National Bank of 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 First National Bank of America applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Eddy County | 2 | 1 | 1 | 50.0% |
| Lea County | 2 | 1 | 0 | 0.0% |
| Valencia County | 1 | 0 | 1 | 100.0% |
| Sandoval County | 1 | 0 | 0 | 0.0% |
| Luna County | 1 | 0 | 0 | 0.0% |
| Santa Fe County | 1 | 0 | 0 | 0.0% |
| Lincoln County | 1 | 0 | 0 | 0.0% |
| Bernalillo 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: 10 applications in 2025, of which 3 were originated and 2 denied.
20.0% of all applications, or 40.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans First National Bank of America originated in New Mexico in 2025 was 10.75%, against a statewide median of 6.63%.
About this data. Figures are First National Bank of 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