Intercap Lending · New Mexico · 2025

Intercap Lending in New Mexico: approval rate, denial rate and rates (2025)

Intercap Lending took 14 mortgage applications in New Mexico in 2025, ranking #230 of 599 lenders active in the state. It originated 92.9% of them and denied 0.0% (0.0% of the applications it decided), against a statewide denial rate of 18.6%.

14Applicationsin NM
0.0%Decision denial ratestate 24.7%
6.00%Median ratestate 6.63%
$385,000Median loanstate $205,000
$4.9MVolume5 counties

Intercap Lending in New Mexico vs the state

0.0%Denial rate-18.60 pts vs state
0.0%Decision denial rate-24.66 pts vs state
92.9%Origination rate+39.52 pts vs state
6.00%Median rate-0.63 pts vs state
-0.04Rate spread (pts)-0.42 pts vs state
$125kMedian applicant income
13Loans originated
0Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023960.0%7.25%#252
202421160.0%6.63%#198
202514130.0%6.00%#230

What Intercap Lending lends in New Mexico

By loan purpose

Home purchase 11 79% · 0.0% denied
Refinance 3 21% · 0.0% denied

By loan type

Conventional 7 50% · 0.0% denied
FHA 3 21% · 0.0% denied
VA 4 29% · 0.0% denied

Where in New Mexico

Counties with the most Intercap Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sandoval County 660 0.0%
Bernalillo County 440 0.0%
San Juan County 210 0.0%
Grant County 110 0.0%
Valencia 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: 14 applications in 2025, of which 13 were originated and 0 denied.

0.0% of all applications, or 0.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Intercap Lending originated in New Mexico in 2025 was 6.00%, against a statewide median of 6.63%.

About this data. Figures are Intercap Lending'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