Loandepot.Com in New Mexico vs the state
24.6%Denial rate+6.04 pts vs state
30.4%Decision denial rate+5.73 pts vs state
54.8%Origination rate+1.41 pts vs state
6.75%Median rate+0.13 pts vs state
0.76Rate spread (pts)+0.38 pts vs state
$85kMedian applicant income
789Loans originated
355Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 829 | 422 | 30.0% | 6.50% | #16 |
| 2024 | 1,045 | 512 | 27.4% | 6.63% | #16 |
| 2025 | 1,441 | 789 | 24.6% | 6.75% | #11 |
What Loandepot.Com lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Loandepot.Com applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 354 | 203 | 77 | 21.8% |
| Chaves County | 185 | 128 | 17 | 9.2% |
| Sandoval County | 151 | 94 | 36 | 23.8% |
| Valencia County | 150 | 80 | 43 | 28.7% |
| Doña Ana County | 112 | 61 | 27 | 24.1% |
| Santa Fe County | 93 | 44 | 27 | 29.0% |
| Otero County | 71 | 42 | 13 | 18.3% |
| San Juan County | 60 | 32 | 19 | 31.7% |
| Eddy County | 46 | 21 | 14 | 30.4% |
| Curry County | 40 | 20 | 10 | 25.0% |
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: 1,441 applications in 2025, of which 789 were originated and 355 denied.
24.6% of all applications, or 30.4% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Loandepot.Com originated in New Mexico in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Loandepot.Com'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