NBKC Bank · New Mexico · 2025

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

NBKC Bank took 142 mortgage applications in New Mexico in 2025, ranking #91 of 599 lenders active in the state. It originated 66.2% of them and denied 9.2% (12.2% of the applications it decided), against a statewide denial rate of 18.6%.

142Applicationsin NM
12.2%Decision denial ratestate 24.7%
6.13%Median ratestate 6.63%
$325,000Median loanstate $205,000
$34MVolume19 counties

NBKC Bank in New Mexico vs the state

9.2%Denial rate-9.45 pts vs state
12.2%Decision denial rate-12.51 pts vs state
66.2%Origination rate+12.86 pts vs state
6.13%Median rate-0.50 pts vs state
-0.23Rate spread (pts)-0.61 pts vs state
$137kMedian applicant income
94Loans originated
13Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023136955.9%6.13%#85
2024141955.0%6.13%#84
2025142949.2%6.13%#91

What NBKC Bank lends in New Mexico

By loan purpose

Home purchase 86 61% · 7.0% denied
Refinance 29 20% · 13.8% denied
Cash-out refinance 16 11% · 18.8% denied
Other / HELOC 11 8% · 0.0% denied

By loan type

Conventional 92 65% · 10.9% denied
FHA 11 8% · 18.2% denied
VA 39 27% · 2.6% denied

Why it denied New Mexico applicants

Unverifiable information 4 31%
Debt-to-income ratio 4 31%
Collateral 3 23%
Employment history 1 8%
Credit history 1 8%

Where in New Mexico

Counties with the most NBKC Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 49335 10.2%
Santa Fe County 19103 15.8%
Otero County 14110 0.0%
Curry County 1270 0.0%
Sandoval County 1172 18.2%
Doña Ana County 1070 0.0%
Los Alamos County 541 20.0%
San Juan County 531 20.0%
Lea County 320 0.0%
Taos 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: 142 applications in 2025, of which 94 were originated and 13 denied.

9.2% of all applications, or 12.2% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans NBKC Bank originated in New Mexico in 2025 was 6.13%, against a statewide median of 6.63%.

About this data. Figures are NBKC Bank'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