LoanUnited.com · New Mexico · 2025

LoanUnited.com in New Mexico: approval rate, denial rate and rates (2025)

LoanUnited.com took 61 mortgage applications in New Mexico in 2025, ranking #131 of 599 lenders active in the state. It originated 29.5% of them and denied 4.9% (14.3% of the applications it decided), against a statewide denial rate of 18.6%.

61Applicationsin NM
14.3%Decision denial ratestate 24.7%
5.87%Median ratestate 6.63%
$325,000Median loanstate $205,000
$6.3MVolume16 counties

LoanUnited.com in New Mexico vs the state

4.9%Denial rate-13.68 pts vs state
14.3%Decision denial rate-10.37 pts vs state
29.5%Origination rate-23.83 pts vs state
5.87%Median rate-0.75 pts vs state
-0.22Rate spread (pts)-0.61 pts vs state
$107kMedian applicant income
18Loans originated
3Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2024900.0%#255
202561184.9%5.87%#131

What LoanUnited.com lends in New Mexico

By loan purpose

Home purchase 20 33% · 15.0% denied
Refinance 41 67% · 0.0% denied

By loan type

Conventional 5 8% · 20.0% denied
FHA 20 33% · 0.0% denied
VA 36 59% · 5.6% denied

Why it denied New Mexico applicants

Credit history 2 67%
Unverifiable information 1 33%

Where in New Mexico

Counties with the most LoanUnited.com applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 1631 6.3%
Sandoval County 1051 10.0%
Otero County 820 0.0%
Doña Ana County 750 0.0%
Santa Fe County 500 0.0%
Valencia County 310 0.0%
San Juan County 301 33.3%
Luna County 100 0.0%
Roosevelt County 110 0.0%
Lincoln County 100 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: 61 applications in 2025, of which 18 were originated and 3 denied.

4.9% of all applications, or 14.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans LoanUnited.com originated in New Mexico in 2025 was 5.87%, against a statewide median of 6.63%.

About this data. Figures are LoanUnited.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