New Day Financial in New Mexico vs the state
18.4%Denial rate-0.16 pts vs state
43.6%Decision denial rate+18.92 pts vs state
22.2%Origination rate-31.12 pts vs state
6.75%Median rate+0.13 pts vs state
0.79Rate spread (pts)+0.41 pts vs state
$78kMedian applicant income
94Loans originated
78Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 356 | 60 | 19.7% | 7.50% | #48 |
| 2024 | 482 | 98 | 25.9% | 7.63% | #34 |
| 2025 | 423 | 94 | 18.4% | 6.75% | #45 |
What New Day Financial lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most New Day Financial applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 135 | 30 | 27 | 20.0% |
| Sandoval County | 63 | 19 | 6 | 9.5% |
| Doña Ana County | 42 | 5 | 12 | 28.6% |
| San Juan County | 30 | 9 | 7 | 23.3% |
| Otero County | 26 | 6 | 5 | 19.2% |
| Curry County | 23 | 4 | 2 | 8.7% |
| Santa Fe County | 21 | 7 | 5 | 23.8% |
| Valencia County | 18 | 3 | 2 | 11.1% |
| Rio Arriba County | 9 | 2 | 2 | 22.2% |
| Eddy County | 6 | 1 | 2 | 33.3% |
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: 423 applications in 2025, of which 94 were originated and 78 denied.
18.4% of all applications, or 43.6% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans New Day Financial originated in New Mexico in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are New Day Financial'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