Moria Development · New Mexico · 2025

Moria Development in New Mexico: approval rate, denial rate and rates (2025)

Moria Development took 20 mortgage applications in New Mexico in 2025, ranking #204 of 599 lenders active in the state. It originated 55.0% of them and denied 5.0% (8.3% of the applications it decided), against a statewide denial rate of 18.6%.

20Applicationsin NM
8.3%Decision denial ratestate 24.7%
6.50%Median ratestate 6.63%
$275,000Median loanstate $205,000
$3.1MVolume8 counties

Moria Development in New Mexico vs the state

5.0%Denial rate-13.60 pts vs state
8.3%Decision denial rate-16.33 pts vs state
55.0%Origination rate+1.66 pts vs state
6.50%Median rate-0.13 pts vs state
0.45Rate spread (pts)+0.07 pts vs state
$84kMedian applicant income
11Loans originated
1Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023770.0%6.63%#260
202436268.3%6.62%#162
202520115.0%6.50%#204

What Moria Development lends in New Mexico

By loan purpose

Home purchase 14 70% · 7.1% denied
Refinance 6 30% · 0.0% denied

By loan type

Conventional 11 55% · 9.1% denied
FHA 9 45% · 0.0% denied

Why it denied New Mexico applicants

Credit history 1 100%

Where in New Mexico

Counties with the most Moria Development applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 961 11.1%
Sandoval County 310 0.0%
Santa Fe County 310 0.0%
Taos County 100 0.0%
Doña Ana County 100 0.0%
Grant County 110 0.0%
Lea County 110 0.0%
Hidalgo County 110 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: 20 applications in 2025, of which 11 were originated and 1 denied.

5.0% of all applications, or 8.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Moria Development originated in New Mexico in 2025 was 6.50%, against a statewide median of 6.63%.

About this data. Figures are Moria Development'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