Investor Mortgage Finance in New Mexico vs the state
38.9%Denial rate+20.29 pts vs state
41.2%Decision denial rate+16.52 pts vs state
55.6%Origination rate+2.22 pts vs state
7.85%Median rate+1.22 pts vs state
—Rate spread (pts)
—Median applicant income
20Loans originated
14Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 52 | 36 | 1.9% | 7.48% | #131 |
| 2025 | 36 | 20 | 38.9% | 7.85% | #169 |
What Investor Mortgage Finance lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Other large lenders in New Mexico
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 4,440 | 20.5% | 6.75% |
| 21st Mortgage | F | 3,992 | 45.5% | 9.60% |
| United Shore Financial Services | B | 3,251 | 12.8% | 6.13% |
| Guild Mortgage | A | 3,186 | 4.3% | 6.63% |
| Nusenda | D | 2,962 | 13.7% | 8.00% |
| Waterstone Mortgage | C | 2,740 | 3.2% | 6.88% |
| Vanderbilt Mortgage and Finance | F | 2,085 | 46.4% | 9.99% |
| Sunward Federal Credit Union | B | 1,765 | 9.1% | 6.50% |
| Mortgage Research Center | C | 1,683 | 15.9% | 6.25% |
| Primary Residential Mortgage | C | 1,497 | 4.9% | 6.63% |
Frequently asked questions
New Mexico: 36 applications in 2025, of which 20 were originated and 14 denied.
38.9% of all applications, or 41.2% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Investor Mortgage Finance originated in New Mexico in 2025 was 7.85%, against a statewide median of 6.63%.
About this data. Figures are Investor Mortgage Finance'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