Homebridge Financial Services · New Mexico · 2025

Homebridge Financial Services in New Mexico: approval rate, denial rate and rates (2025)

Homebridge Financial Services took 174 mortgage applications in New Mexico in 2025, ranking #84 of 599 lenders active in the state. It originated 69.0% of them and denied 20.7% (22.9% of the applications it decided), against a statewide denial rate of 18.6%.

174Applicationsin NM
22.9%Decision denial ratestate 24.7%
7.63%Median ratestate 6.63%
$245,000Median loanstate $205,000
$30MVolume17 counties

Homebridge Financial Services in New Mexico vs the state

20.7%Denial rate+2.09 pts vs state
22.9%Decision denial rate-1.73 pts vs state
69.0%Origination rate+15.63 pts vs state
7.63%Median rate+1.00 pts vs state
0.14Rate spread (pts)-0.24 pts vs state
$118kMedian applicant income
120Loans originated
36Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231468830.8%6.88%#81
202415510421.9%7.06%#79
202517412020.7%7.63%#84

What Homebridge Financial Services lends in New Mexico

By loan purpose

Home purchase 50 29% · 28.0% denied
Refinance 43 25% · 30.2% denied
Cash-out refinance 12 7% · 50.0% denied
Home improvement 34 20% · 8.8% denied
Other / HELOC 35 20% · 0.0% denied

By loan type

Conventional 118 68% · 17.0% denied
FHA 26 15% · 26.9% denied
VA 29 17% · 31.0% denied
USDA / RHS 1 1% · 0.0% denied

Why it denied New Mexico applicants

Unverifiable information 16 44%
Debt-to-income ratio 8 22%
Collateral 4 11%
Insufficient cash 3 8%
Credit history 2 6%
Incomplete application 2 6%
Other 1 3%

Where in New Mexico

Counties with the most Homebridge Financial Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 906419 21.1%
Sandoval County 28205 17.9%
Doña Ana County 1263 25.0%
Santa Fe County 972 22.2%
Valencia County 761 14.3%
Grant County 751 14.3%
Otero County 440 0.0%
Lincoln County 320 0.0%
Quay County 310 0.0%
Taos County 202 100.0%

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: 174 applications in 2025, of which 120 were originated and 36 denied.

20.7% of all applications, or 22.9% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Homebridge Financial Services originated in New Mexico in 2025 was 7.63%, against a statewide median of 6.63%.

About this data. Figures are Homebridge Financial Services'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