Right Start Mortgage · New Mexico · 2025

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

Right Start Mortgage took 52 mortgage applications in New Mexico in 2025, ranking #149 of 599 lenders active in the state. It originated 80.8% of them and denied 1.9% (2.3% of the applications it decided), against a statewide denial rate of 18.6%.

52Applicationsin NM
2.3%Decision denial ratestate 24.7%
6.63%Median ratestate 6.63%
$255,000Median loanstate $205,000
$11MVolume8 counties

Right Start Mortgage in New Mexico vs the state

1.9%Denial rate-16.68 pts vs state
2.3%Decision denial rate-22.33 pts vs state
80.8%Origination rate+27.43 pts vs state
6.63%Median rate0.00 pts vs state
0.40Rate spread (pts)+0.02 pts vs state
$92kMedian applicant income
42Loans originated
1Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202443344.7%6.87%#147
202552421.9%6.63%#149

What Right Start Mortgage lends in New Mexico

By loan purpose

Home purchase 49 94% · 2.0% denied
Refinance 1 2% · 0.0% denied
Cash-out refinance 2 4% · 0.0% denied

By loan type

Conventional 28 54% · 3.6% denied
FHA 19 37% · 0.0% denied
VA 5 10% · 0.0% denied

Why it denied New Mexico applicants

Collateral 1 100%

Where in New Mexico

Counties with the most Right Start Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Doña Ana County 31290 0.0%
Lea County 620 0.0%
Eddy County 540 0.0%
Sandoval County 440 0.0%
Bernalillo County 320 0.0%
San Juan County 101 100.0%
Valencia County 110 0.0%
Santa Fe County 100 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: 52 applications in 2025, of which 42 were originated and 1 denied.

1.9% of all applications, or 2.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

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

About this data. Figures are Right Start 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