Nationstar Mortgage · New Mexico · 2025

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

Nationstar Mortgage took 676 mortgage applications in New Mexico in 2025, ranking #27 of 599 lenders active in the state. It originated 66.7% of them and denied 14.1% (17.1% of the applications it decided), against a statewide denial rate of 18.6%.

676Applicationsin NM
17.1%Decision denial ratestate 24.7%
7.49%Median ratestate 6.63%
$145,000Median loanstate $205,000
$80MVolume26 counties

Nationstar Mortgage in New Mexico vs the state

14.1%Denial rate-4.55 pts vs state
17.1%Decision denial rate-7.60 pts vs state
66.7%Origination rate+13.38 pts vs state
7.49%Median rate+0.87 pts vs state
1.86Rate spread (pts)+1.48 pts vs state
$97kMedian applicant income
451Loans originated
95Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202338824815.0%6.63%#42
202457536617.0%7.49%#30
202567645114.1%7.49%#27

What Nationstar Mortgage lends in New Mexico

By loan purpose

Home purchase 77 11% · 3.9% denied
Refinance 84 12% · 19.1% denied
Cash-out refinance 205 30% · 18.1% denied
Home improvement 49 7% · 12.2% denied
Other / HELOC 261 39% · 12.6% denied

By loan type

Conventional 529 78% · 12.3% denied
FHA 82 12% · 25.6% denied
VA 65 10% · 13.9% denied

Why it denied New Mexico applicants

Collateral 33 35%
Debt-to-income ratio 20 21%
Incomplete application 13 14%
Other 10 11%
Unverifiable information 8 8%
Credit history 6 6%
Insufficient cash 4 4%
Employment history 1 1%

Where in New Mexico

Counties with the most Nationstar Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 26418728 10.6%
Sandoval County 956616 16.8%
Doña Ana County 614013 21.3%
Santa Fe County 47264 8.5%
San Juan County 28174 14.3%
Valencia County 25175 20.0%
Curry County 22134 18.2%
Lincoln County 17132 11.8%
Lea County 16102 12.5%
Chaves County 1582 13.3%

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: 676 applications in 2025, of which 451 were originated and 95 denied.

14.1% of all applications, or 17.1% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Nationstar Mortgage originated in New Mexico in 2025 was 7.49%, against a statewide median of 6.63%.

About this data. Figures are Nationstar 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