Hometrust Mortgage · New Mexico · 2025

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

Hometrust Mortgage took 269 mortgage applications in New Mexico in 2025, ranking #66 of 599 lenders active in the state. It originated 58.0% of them and denied 7.4% (11.2% of the applications it decided), against a statewide denial rate of 18.6%.

269Applicationsin NM
11.2%Decision denial ratestate 24.7%
6.50%Median ratestate 6.63%
$295,000Median loanstate $205,000
$49MVolume9 counties

Hometrust Mortgage in New Mexico vs the state

7.4%Denial rate-11.17 pts vs state
11.2%Decision denial rate-13.49 pts vs state
58.0%Origination rate+4.65 pts vs state
6.50%Median rate-0.13 pts vs state
0.19Rate spread (pts)-0.19 pts vs state
$104kMedian applicant income
156Loans originated
20Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232251458.0%6.75%#69
20242711738.9%6.63%#60
20252691567.4%6.50%#66

What Hometrust Mortgage lends in New Mexico

By loan purpose

Home purchase 243 90% · 6.6% denied
Refinance 16 6% · 18.8% denied
Cash-out refinance 10 4% · 10.0% denied

By loan type

Conventional 155 58% · 5.8% denied
FHA 93 35% · 11.8% denied
VA 21 8% · 0.0% denied

Why it denied New Mexico applicants

Credit history 9 45%
Debt-to-income ratio 5 25%
Other 2 10%
Collateral 2 10%
Unverifiable information 1 5%
Insufficient cash 1 5%

Where in New Mexico

Counties with the most Hometrust Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 19211710 5.2%
Sandoval County 41253 7.3%
Valencia County 1675 31.3%
Santa Fe County 731 14.3%
Torrance County 620 0.0%
San Miguel County 310 0.0%
Doña Ana County 201 50.0%
Colfax County 100 0.0%
San Juan 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: 269 applications in 2025, of which 156 were originated and 20 denied.

7.4% of all applications, or 11.2% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Hometrust Mortgage originated in New Mexico in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Hometrust 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