Movement Mortgage · New Mexico · 2025

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

Movement Mortgage took 282 mortgage applications in New Mexico in 2025, ranking #64 of 599 lenders active in the state. It originated 73.1% of them and denied 5.3% (6.0% of the applications it decided), against a statewide denial rate of 18.6%.

282Applicationsin NM
6.0%Decision denial ratestate 24.7%
6.75%Median ratestate 6.63%
$245,000Median loanstate $205,000
$46MVolume18 counties

Movement Mortgage in New Mexico vs the state

5.3%Denial rate-13.28 pts vs state
6.0%Decision denial rate-18.71 pts vs state
73.1%Origination rate+19.71 pts vs state
6.75%Median rate+0.13 pts vs state
0.42Rate spread (pts)+0.04 pts vs state
$85kMedian applicant income
206Loans originated
15Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202373438.2%6.75%#104
202479593.8%6.38%#108
20252822065.3%6.75%#64

What Movement Mortgage lends in New Mexico

By loan purpose

Home purchase 245 87% · 6.1% denied
Refinance 12 4% · 0.0% denied
Cash-out refinance 25 9% · 0.0% denied

By loan type

Conventional 173 61% · 5.8% denied
FHA 79 28% · 6.3% denied
VA 30 11% · 0.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 8 53%
Insufficient cash 3 20%
Other 2 13%
Unverifiable information 1 7%
Collateral 1 7%

Where in New Mexico

Counties with the most Movement Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 128949 7.0%
Sandoval County 65510 0.0%
Doña Ana County 24150 0.0%
Lea County 18101 5.6%
Valencia County 1080 0.0%
Otero County 871 12.5%
Eddy County 742 28.6%
Torrance County 540 0.0%
Santa Fe County 440 0.0%
Lincoln County 220 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: 282 applications in 2025, of which 206 were originated and 15 denied.

5.3% of all applications, or 6.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Movement Mortgage originated in New Mexico in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are Movement Mortgage'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