Glacier Bank · New Mexico · 2025

Glacier Bank in New Mexico: approval rate, denial rate and rates (2025)

Glacier Bank took 7 mortgage applications in New Mexico in 2025, ranking #283 of 599 lenders active in the state. It originated 71.4% of them and denied 28.6% (28.6% of the applications it decided), against a statewide denial rate of 18.6%.

7Applicationsin NM
28.6%Decision denial ratestate 24.7%
6.75%Median ratestate 6.63%
$225,000Median loanstate $205,000
$1.4MVolume3 counties

Glacier Bank in New Mexico vs the state

28.6%Denial rate+9.97 pts vs state
28.6%Decision denial rate+3.91 pts vs state
71.4%Origination rate+18.09 pts vs state
6.75%Median rate+0.13 pts vs state
0.21Rate spread (pts)-0.18 pts vs state
$88kMedian applicant income
5Loans originated
2Denied

What Glacier Bank lends in New Mexico

By loan purpose

Home purchase 4 57% · 0.0% denied
Cash-out refinance 2 29% · 100.0% denied
Home improvement 1 14% · 0.0% denied

By loan type

Conventional 4 57% · 0.0% denied
FHA 3 43% · 66.7% denied

Why it denied New Mexico applicants

Collateral 1 50%
Other 1 50%

Where in New Mexico

Counties with the most Glacier Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
San Juan County 532 40.0%
Taos County 110 0.0%
Santa Fe County 110 0.0%

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: 7 applications in 2025, of which 5 were originated and 2 denied.

28.6% of all applications, or 28.6% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Glacier Bank originated in New Mexico in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Glacier Bank'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