Homeamerican Mortgage · New Mexico · 2025

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

Homeamerican Mortgage took 141 mortgage applications in New Mexico in 2025, ranking #92 of 599 lenders active in the state. It originated 71.6% of them and denied 10.6% (11.5% of the applications it decided), against a statewide denial rate of 18.6%.

141Applicationsin NM
11.5%Decision denial ratestate 24.7%
4.50%Median ratestate 6.63%
$425,000Median loanstate $205,000
$42MVolume3 counties

Homeamerican Mortgage in New Mexico vs the state

10.6%Denial rate-7.96 pts vs state
11.5%Decision denial rate-13.21 pts vs state
71.6%Origination rate+18.29 pts vs state
4.50%Median rate-2.13 pts vs state
-1.69Rate spread (pts)-2.07 pts vs state
$120kMedian applicant income
101Loans originated
15Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023382323.7%5.75%#139
2024103745.8%5.19%#93
202514110110.6%4.50%#92

What Homeamerican Mortgage lends in New Mexico

By loan purpose

Home purchase 141 100% · 10.6% denied

By loan type

Conventional 53 38% · 13.2% denied
FHA 60 43% · 8.3% denied
VA 28 20% · 10.7% denied

Why it denied New Mexico applicants

Credit history 15 100%

Where in New Mexico

Counties with the most Homeamerican Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sandoval County 976612 12.4%
Valencia County 38303 7.9%
Bernalillo County 650 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: 141 applications in 2025, of which 101 were originated and 15 denied.

10.6% of all applications, or 11.5% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Homeamerican Mortgage originated in New Mexico in 2025 was 4.50%, against a statewide median of 6.63%.

About this data. Figures are Homeamerican 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