Magnolia Bank in New Mexico vs the state
13.0%Denial rate-5.56 pts vs state
19.4%Decision denial rate-5.31 pts vs state
54.4%Origination rate+1.01 pts vs state
6.06%Median rate-0.56 pts vs state
-0.12Rate spread (pts)-0.50 pts vs state
$85kMedian applicant income
25Loans originated
6Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 25 | 21 | 8.0% | 6.25% | #165 |
| 2024 | 33 | 19 | 9.1% | 5.88% | #167 |
| 2025 | 46 | 25 | 13.0% | 6.06% | #159 |
What Magnolia 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 Magnolia Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Doña Ana County | 11 | 6 | 2 | 18.2% |
| Bernalillo County | 10 | 6 | 1 | 10.0% |
| Sandoval County | 7 | 4 | 1 | 14.3% |
| Valencia County | 3 | 2 | 0 | 0.0% |
| Santa Fe County | 3 | 0 | 0 | 0.0% |
| Otero County | 2 | 1 | 1 | 50.0% |
| San Juan County | 2 | 1 | 1 | 50.0% |
| Quay County | 2 | 2 | 0 | 0.0% |
| Eddy County | 2 | 2 | 0 | 0.0% |
| Chaves County | 1 | 0 | 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: 46 applications in 2025, of which 25 were originated and 6 denied.
13.0% of all applications, or 19.4% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Magnolia Bank originated in New Mexico in 2025 was 6.06%, against a statewide median of 6.63%.
About this data. Figures are Magnolia 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