Nusenda in New Mexico vs the state
13.7%Denial rate-4.89 pts vs state
17.2%Decision denial rate-7.46 pts vs state
63.5%Origination rate+10.16 pts vs state
8.00%Median rate+1.38 pts vs state
1.26Rate spread (pts)+0.87 pts vs state
$94kMedian applicant income
1,881Loans originated
406Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 3,039 | 1,867 | 14.8% | 8.13% | #2 |
| 2024 | 3,053 | 1,923 | 15.2% | 8.38% | #4 |
| 2025 | 2,962 | 1,881 | 13.7% | 8.00% | #5 |
What Nusenda lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Nusenda applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 1,835 | 1,169 | 254 | 13.8% |
| Sandoval County | 383 | 252 | 48 | 12.5% |
| Santa Fe County | 236 | 156 | 26 | 11.0% |
| Valencia County | 175 | 120 | 19 | 10.9% |
| Doña Ana County | 114 | 64 | 17 | 14.9% |
| Taos County | 75 | 36 | 18 | 24.0% |
| Socorro County | 29 | 21 | 3 | 10.3% |
| Rio Arriba County | 14 | 6 | 3 | 21.4% |
| Lincoln County | 10 | 4 | 1 | 10.0% |
| Torrance County | 9 | 5 | 1 | 11.1% |
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% |
| 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% |
| Loandepot.Com | D | 1,441 | 24.6% | 6.75% |
Frequently asked questions
New Mexico: 2,962 applications in 2025, of which 1,881 were originated and 406 denied.
13.7% of all applications, or 17.2% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Nusenda originated in New Mexico in 2025 was 8.00%, against a statewide median of 6.63%.
About this data. Figures are Nusenda'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