Prosperity Home Mortgage · New Mexico · 2025

Prosperity Home Mortgage in New Mexico: approval rate, denial rate and rates (2025)

Prosperity Home Mortgage took 72 mortgage applications in New Mexico in 2025, ranking #121 of 599 lenders active in the state. It originated 68.1% of them and denied 16.7% (19.7% of the applications it decided), against a statewide denial rate of 18.6%.

72Applicationsin NM
19.7%Decision denial ratestate 24.7%
6.25%Median ratestate 6.63%
$245,000Median loanstate $205,000
$14MVolume11 counties

Prosperity Home Mortgage in New Mexico vs the state

16.7%Denial rate-1.93 pts vs state
19.7%Decision denial rate-4.99 pts vs state
68.1%Origination rate+14.72 pts vs state
6.25%Median rate-0.38 pts vs state
0.21Rate spread (pts)-0.17 pts vs state
$105kMedian applicant income
49Loans originated
12Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231215927.3%6.88%#91
2024966114.6%6.63%#96
2025724916.7%6.25%#121

What Prosperity Home Mortgage lends in New Mexico

By loan purpose

Home purchase 51 71% · 11.8% denied
Refinance 15 21% · 6.7% denied
Cash-out refinance 4 6% · 75.0% denied
Other / HELOC 2 3% · 100.0% denied

By loan type

Conventional 26 36% · 11.5% denied
FHA 26 36% · 23.1% denied
VA 20 28% · 15.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 5 42%
Collateral 5 42%
Credit history 1 8%
Insufficient cash 1 8%

Where in New Mexico

Counties with the most Prosperity Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Eddy County 37277 18.9%
Chaves County 1371 7.7%
Curry County 12100 0.0%
Sandoval County 321 33.3%
Sierra County 101 100.0%
McKinley County 110 0.0%
Bernalillo County 101 100.0%
Los Alamos County 110 0.0%
Roosevelt County 101 100.0%
Otero County 110 0.0%

Other large lenders in New Mexico

LenderGradeApplicationsDenial rateMedian rate
Rocket MortgageC 4,44020.5%6.75%
21st MortgageF 3,99245.5%9.60%
United Shore Financial ServicesB 3,25112.8%6.13%
Guild MortgageA 3,1864.3%6.63%
NusendaD 2,96213.7%8.00%
Waterstone MortgageC 2,7403.2%6.88%
Vanderbilt Mortgage and FinanceF 2,08546.4%9.99%
Sunward Federal Credit UnionB 1,7659.1%6.50%
Mortgage Research CenterC 1,68315.9%6.25%
Primary Residential MortgageC 1,4974.9%6.63%

Frequently asked questions

New Mexico: 72 applications in 2025, of which 49 were originated and 12 denied.

16.7% of all applications, or 19.7% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Prosperity Home Mortgage originated in New Mexico in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Prosperity 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