Jmac Lending · New Mexico · 2025

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

Jmac Lending took 67 mortgage applications in New Mexico in 2025, ranking #126 of 599 lenders active in the state. It originated 68.7% of them and denied 1.5% (2.1% of the applications it decided), against a statewide denial rate of 18.6%.

67Applicationsin NM
2.1%Decision denial ratestate 24.7%
6.50%Median ratestate 6.63%
$235,000Median loanstate $205,000
$13MVolume9 counties

Jmac Lending in New Mexico vs the state

1.5%Denial rate-17.11 pts vs state
2.1%Decision denial rate-22.53 pts vs state
68.7%Origination rate+15.32 pts vs state
6.50%Median rate-0.13 pts vs state
0.34Rate spread (pts)-0.04 pts vs state
$102kMedian applicant income
46Loans originated
1Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202424184.2%6.25%#188
202567461.5%6.50%#126

What Jmac Lending lends in New Mexico

By loan purpose

Home purchase 52 78% · 1.9% denied
Refinance 1 1% · 0.0% denied
Cash-out refinance 14 21% · 0.0% denied

By loan type

Conventional 36 54% · 0.0% denied
FHA 13 19% · 7.7% denied
VA 18 27% · 0.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 1 100%

Where in New Mexico

Counties with the most Jmac Lending applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Doña Ana County 26181 3.8%
Otero County 16110 0.0%
Lea County 13110 0.0%
Santa Fe County 320 0.0%
Bernalillo County 310 0.0%
Valencia County 200 0.0%
Eddy County 220 0.0%
Taos County 100 0.0%
Sandoval 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: 67 applications in 2025, of which 46 were originated and 1 denied.

1.5% of all applications, or 2.1% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

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

About this data. Figures are Jmac 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