Mutual of Omaha Mortgage in New Mexico vs the state
21.2%Denial rate+2.58 pts vs state
29.3%Decision denial rate+4.60 pts vs state
48.0%Origination rate-5.35 pts vs state
6.25%Median rate-0.38 pts vs state
0.22Rate spread (pts)-0.16 pts vs state
$70kMedian applicant income
179Loans originated
79Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 186 | 98 | 26.9% | 7.00% | #75 |
| 2024 | 279 | 142 | 26.9% | 6.63% | #57 |
| 2025 | 373 | 179 | 21.2% | 6.25% | #50 |
What Mutual of Omaha Mortgage lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Mutual of Omaha Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 113 | 61 | 22 | 19.5% |
| Sandoval County | 62 | 31 | 11 | 17.7% |
| Santa Fe County | 38 | 19 | 4 | 10.5% |
| Doña Ana County | 30 | 22 | 5 | 16.7% |
| Valencia County | 17 | 4 | 8 | 47.1% |
| Otero County | 14 | 6 | 4 | 28.6% |
| San Juan County | 11 | 5 | 1 | 9.1% |
| Chaves County | 10 | 3 | 2 | 20.0% |
| Lea County | 10 | 1 | 5 | 50.0% |
| Taos County | 9 | 3 | 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: 373 applications in 2025, of which 179 were originated and 79 denied.
21.2% of all applications, or 29.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Mutual of Omaha Mortgage originated in New Mexico in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are Mutual of Omaha 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