Plaza Home Mortgage in New Mexico vs the state
18.9%Denial rate+0.26 pts vs state
20.1%Decision denial rate-4.57 pts vs state
72.8%Origination rate+19.47 pts vs state
6.50%Median rate-0.13 pts vs state
0.20Rate spread (pts)-0.18 pts vs state
$114kMedian applicant income
166Loans originated
43Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 195 | 134 | 7.2% | 6.75% | #72 |
| 2024 | 184 | 131 | 16.3% | 6.75% | #72 |
| 2025 | 228 | 166 | 18.9% | 6.50% | #72 |
What Plaza Home Mortgage lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Plaza Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 83 | 55 | 20 | 24.1% |
| Sandoval County | 47 | 40 | 3 | 6.4% |
| Santa Fe County | 47 | 39 | 5 | 10.6% |
| Torrance County | 9 | 7 | 2 | 22.2% |
| Valencia County | 9 | 6 | 3 | 33.3% |
| Rio Arriba County | 7 | 4 | 1 | 14.3% |
| San Juan County | 4 | 3 | 1 | 25.0% |
| Eddy County | 4 | 3 | 1 | 25.0% |
| Taos County | 4 | 2 | 2 | 50.0% |
| Doña Ana County | 4 | 1 | 2 | 50.0% |
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: 228 applications in 2025, of which 166 were originated and 43 denied.
18.9% of all applications, or 20.1% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Plaza Home Mortgage originated in New Mexico in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Plaza Home Mortgage'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