Mortgageone · New Mexico · 2025

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

Mortgageone took 8 mortgage applications in New Mexico in 2025, ranking #269 of 599 lenders active in the state. It originated 50.0% of them and denied 25.0% (33.3% of the applications it decided), against a statewide denial rate of 18.6%.

8Applicationsin NM
33.3%Decision denial ratestate 24.7%
6.31%Median ratestate 6.63%
$240,000Median loanstate $205,000
$880kVolume5 counties

Mortgageone in New Mexico vs the state

25.0%Denial rate+6.40 pts vs state
33.3%Decision denial rate+8.67 pts vs state
50.0%Origination rate-3.34 pts vs state
6.31%Median rate-0.31 pts vs state
-0.08Rate spread (pts)-0.46 pts vs state
$59kMedian applicant income
4Loans originated
2Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023550.0%7.38%#292
20241160.0%6.19%#242
20258425.0%6.31%#269

What Mortgageone lends in New Mexico

By loan purpose

Home purchase 6 75% · 33.3% denied
Refinance 1 13% · 0.0% denied
Cash-out refinance 1 13% · 0.0% denied

By loan type

Conventional 1 13% · 0.0% denied
FHA 2 25% · 100.0% denied
VA 5 63% · 0.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 1 50%
Employment history 1 50%

Where in New Mexico

Counties with the most Mortgageone applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 311 33.3%
Sandoval County 211 50.0%
Curry County 110 0.0%
Otero County 110 0.0%
Chaves 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: 8 applications in 2025, of which 4 were originated and 2 denied.

25.0% of all applications, or 33.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Mortgageone originated in New Mexico in 2025 was 6.31%, against a statewide median of 6.63%.

About this data. Figures are Mortgageone'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