Pulte Mortgage · New Mexico · 2025

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

Pulte Mortgage took 470 mortgage applications in New Mexico in 2025, ranking #39 of 599 lenders active in the state. It originated 68.3% of them and denied 10.2% (13.0% of the applications it decided), against a statewide denial rate of 18.6%.

470Applicationsin NM
13.0%Decision denial ratestate 24.7%
4.99%Median ratestate 6.63%
$445,000Median loanstate $205,000
$145MVolume3 counties

Pulte Mortgage in New Mexico vs the state

10.2%Denial rate-8.39 pts vs state
13.0%Decision denial rate-11.69 pts vs state
68.3%Origination rate+14.96 pts vs state
4.99%Median rate-1.63 pts vs state
-1.34Rate spread (pts)-1.72 pts vs state
$134kMedian applicant income
321Loans originated
48Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202348428811.4%5.75%#31
202448230611.8%5.56%#35
202547032110.2%4.99%#39

What Pulte Mortgage lends in New Mexico

By loan purpose

Home purchase 470 100% · 10.2% denied

By loan type

Conventional 304 65% · 7.2% denied
FHA 84 18% · 20.2% denied
VA 82 17% · 11.0% denied

Why it denied New Mexico applicants

Debt-to-income ratio 30 63%
Insufficient cash 10 21%
Credit history 7 15%
Unverifiable information 1 2%

Where in New Mexico

Counties with the most Pulte Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Sandoval County 27218535 12.9%
Bernalillo County 119856 5.0%
Santa Fe County 79517 8.9%

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: 470 applications in 2025, of which 321 were originated and 48 denied.

10.2% of all applications, or 13.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Pulte Mortgage originated in New Mexico in 2025 was 4.99%, against a statewide median of 6.63%.

About this data. Figures are Pulte 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