NFM in New Mexico vs the state
0.0%Denial rate-18.60 pts vs state
0.0%Decision denial rate-24.66 pts vs state
80.0%Origination rate+26.66 pts vs state
7.31%Median rate+0.68 pts vs state
0.24Rate spread (pts)-0.14 pts vs state
$74kMedian applicant income
4Loans originated
0Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 10 | 7 | 0.0% | 6.63% | #243 |
| 2024 | 8 | 5 | 0.0% | 6.25% | #263 |
| 2025 | 5 | 4 | 0.0% | 7.31% | #318 |
What NFM lends in New Mexico
By loan purpose
By loan type
Where in New Mexico
Counties with the most NFM applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 1 | 1 | 0 | 0.0% |
| Santa Fe County | 1 | 0 | 0 | 0.0% |
| Lincoln County | 1 | 1 | 0 | 0.0% |
| Doña Ana County | 1 | 1 | 0 | 0.0% |
| Sandoval County | 1 | 1 | 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: 5 applications in 2025, of which 4 were originated and 0 denied.
0.0% of all applications, or 0.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans NFM originated in New Mexico in 2025 was 7.31%, against a statewide median of 6.63%.
About this data. Figures are NFM'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