Primelending, a Plainscapital in New Mexico vs the state
7.2%Denial rate-11.42 pts vs state
8.1%Decision denial rate-16.60 pts vs state
72.9%Origination rate+19.51 pts vs state
6.63%Median rate0.00 pts vs state
0.32Rate spread (pts)-0.07 pts vs state
$79kMedian applicant income
416Loans originated
41Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 490 | 359 | 7.8% | 6.75% | #30 |
| 2024 | 838 | 623 | 6.9% | 6.88% | #21 |
| 2025 | 571 | 416 | 7.2% | 6.63% | #30 |
What Primelending, a Plainscapital lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Primelending, a Plainscapital applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Doña Ana County | 215 | 167 | 7 | 3.3% |
| Bernalillo County | 122 | 84 | 12 | 9.8% |
| Lea County | 76 | 55 | 12 | 15.8% |
| Sandoval County | 29 | 20 | 2 | 6.9% |
| Luna County | 24 | 16 | 1 | 4.2% |
| San Juan County | 20 | 11 | 1 | 5.0% |
| Curry County | 15 | 13 | 0 | 0.0% |
| Valencia County | 11 | 7 | 0 | 0.0% |
| Eddy County | 11 | 7 | 3 | 27.3% |
| Santa Fe County | 11 | 9 | 1 | 9.1% |
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% |
| 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: 571 applications in 2025, of which 416 were originated and 41 denied.
7.2% of all applications, or 8.1% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Primelending, a Plainscapital originated in New Mexico in 2025 was 6.63%, against a statewide median of 6.63%.
About this data. Figures are Primelending, a Plainscapital'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