Genway Home Mortgage · New Mexico · 2025

Genway Home Mortgage in New Mexico: approval rate, denial rate and rates (2025)

Genway Home Mortgage took 14 mortgage applications in New Mexico in 2025, ranking #229 of 599 lenders active in the state. It originated 35.7% of them and denied 35.7% (50.0% of the applications it decided), against a statewide denial rate of 18.6%.

14Applicationsin NM
50.0%Decision denial ratestate 24.7%
7.38%Median ratestate 6.63%
$230,000Median loanstate $205,000
$855kVolume4 counties

Genway Home Mortgage in New Mexico vs the state

35.7%Denial rate+17.11 pts vs state
50.0%Decision denial rate+25.34 pts vs state
35.7%Origination rate-17.63 pts vs state
7.38%Median rate+0.75 pts vs state
1.28Rate spread (pts)+0.90 pts vs state
$97kMedian applicant income
5Loans originated
5Denied

What Genway Home Mortgage lends in New Mexico

By loan purpose

Home purchase 13 93% · 38.5% denied
Refinance 1 7% · 0.0% denied

By loan type

Conventional 5 36% · 40.0% denied
FHA 7 50% · 28.6% denied
VA 2 14% · 50.0% denied

Why it denied New Mexico applicants

Incomplete application 3 60%
Debt-to-income ratio 2 40%

Where in New Mexico

Counties with the most Genway Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 712 28.6%
Valencia County 422 50.0%
Sandoval County 220 0.0%
Los Alamos County 101 100.0%

Other large lenders in New Mexico

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 4,44020.5%6.75%
21st MortgageF 3,99245.5%9.60%
United Shore Financial ServicesB 3,25112.8%6.13%
Guild MortgageA 3,1864.3%6.63%
NusendaD 2,96213.7%8.00%
Waterstone MortgageC 2,7403.2%6.88%
Vanderbilt Mortgage and FinanceF 2,08546.4%9.99%
Sunward Federal Credit UnionB 1,7659.1%6.50%
Mortgage Research CenterC 1,68315.9%6.25%
Primary Residential MortgageC 1,4974.9%6.63%

Frequently asked questions

New Mexico: 14 applications in 2025, of which 5 were originated and 5 denied.

35.7% of all applications, or 50.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Genway Home Mortgage originated in New Mexico in 2025 was 7.38%, against a statewide median of 6.63%.

About this data. Figures are Genway Home 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