JPMorgan Chase Bank in New Mexico vs the state
7.7%Denial rate-10.89 pts vs state
10.4%Decision denial rate-14.31 pts vs state
64.4%Origination rate+11.07 pts vs state
6.50%Median rate-0.13 pts vs state
0.09Rate spread (pts)-0.30 pts vs state
$105kMedian applicant income
543Loans originated
65Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 368 | 262 | 5.7% | 6.56% | #45 |
| 2024 | 742 | 524 | 6.9% | 6.49% | #23 |
| 2025 | 843 | 543 | 7.7% | 6.50% | #22 |
What JPMorgan Chase Bank lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most JPMorgan Chase Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 378 | 260 | 26 | 6.9% |
| Sandoval County | 105 | 70 | 7 | 6.7% |
| Santa Fe County | 85 | 44 | 12 | 14.1% |
| Doña Ana County | 80 | 56 | 7 | 8.8% |
| Valencia County | 48 | 30 | 1 | 2.1% |
| Curry County | 18 | 12 | 0 | 0.0% |
| Lea County | 18 | 14 | 2 | 11.1% |
| Taos County | 15 | 5 | 4 | 26.7% |
| Otero County | 15 | 7 | 1 | 6.7% |
| Chaves County | 10 | 4 | 0 | 0.0% |
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: 843 applications in 2025, of which 543 were originated and 65 denied.
7.7% of all applications, or 10.4% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans JPMorgan Chase Bank originated in New Mexico in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are JPMorgan Chase Bank'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