Nusenda at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the D grade breaks down
Each component is a percentile rank among 581 mid-size mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
26th18.4% deniedPricingmedian rate spread over APOR, weight 30%
4th1.26 ptsProcesswithdrawn + incomplete share, weight 15%
32nd20.4%Closing coststotal loan costs ÷ loan amount, weight 10%
7th4.41% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 3,059 | 1,867 | 15.3% | 19.4% | 8.13% | $279M |
| 2024 | 3,080 | 1,930 | 15.5% | 19.5% | 8.38% | $271M |
| 2025 | 3,033 | 1,896 | 14.6% | 18.4% | 8.00% | $282M |
What Nusenda lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 504 home-equity lines, 0 reverse mortgages, 5 manufactured homes, 93 investment properties.
Why Nusenda denies applications
Primary reason reported for each of the 443 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Nusenda
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 437 | 147 | 50.6% |
| $50k – $100k | 1,180 | 735 | 18.8% |
| $100k – $150k | 639 | 463 | 9.1% |
| $150k – $250k | 483 | 356 | 4.9% |
| Over $250k | 232 | 158 | 9.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under 25 | 40 | 26 | 16.1% |
| 25–34 | 383 | 230 | 18.2% |
| 35–44 | 689 | 410 | 19.7% |
| 45–54 | 663 | 423 | 18.6% |
| 55–64 | 614 | 377 | 21.4% |
| 65–74 | 446 | 298 | 15.1% |
| Over 74 | 189 | 125 | 12.4% |
Where Nusenda lends
8 states and 40 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Mexico | 2,962 | 1,881 | 13.7% | 8.00% | #5 |
| Texas | 60 | 15 | 45.0% | 6.70% | #673 |
Frequently asked questions
Nusenda denied 18.4% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 26th percentile of mid-size mortgage lenders.
The most common reason Nusenda gave in 2025 was "debt-to-income ratio", cited on 44.9% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Nusenda originated in 2025 was 8.00%, and its median rate spread over the average prime offer rate was 1.26 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 18% of its applications were for home purchases, 27% for refinancing (including cash-out), and 55% for home improvement or other purposes. By loan type: 96% conventional, 2% FHA, 1% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.