Morgan Stanley Private Bank in New Mexico vs the state
2.0%Denial rate-16.60 pts vs state
2.4%Decision denial rate-22.28 pts vs state
72.0%Origination rate+18.66 pts vs state
6.05%Median rate-0.58 pts vs state
-0.16Rate spread (pts)-0.54 pts vs state
$235kMedian applicant income
36Loans originated
1Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 53 | 39 | 1.9% | 5.80% | #121 |
| 2024 | 56 | 41 | 3.6% | 6.10% | #125 |
| 2025 | 50 | 36 | 2.0% | 6.05% | #152 |
What Morgan Stanley Private 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 Morgan Stanley Private Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Santa Fe County | 19 | 15 | 0 | 0.0% |
| Bernalillo County | 15 | 9 | 0 | 0.0% |
| Sandoval County | 4 | 2 | 0 | 0.0% |
| Doña Ana County | 3 | 2 | 0 | 0.0% |
| Taos County | 3 | 3 | 0 | 0.0% |
| Los Alamos County | 2 | 2 | 0 | 0.0% |
| Eddy County | 2 | 1 | 1 | 50.0% |
| Colfax County | 2 | 2 | 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: 50 applications in 2025, of which 36 were originated and 1 denied.
2.0% of all applications, or 2.4% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Morgan Stanley Private Bank originated in New Mexico in 2025 was 6.05%, against a statewide median of 6.63%.
About this data. Figures are Morgan Stanley Private 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