Rocket Mortgage in New Mexico vs the state
20.5%Denial rate+1.85 pts vs state
22.6%Decision denial rate-2.11 pts vs state
66.9%Origination rate+13.60 pts vs state
6.75%Median rate+0.13 pts vs state
0.64Rate spread (pts)+0.26 pts vs state
$96kMedian applicant income
2,972Loans originated
908Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 2,786 | 1,972 | 19.2% | 6.63% | #3 |
| 2024 | 3,441 | 2,492 | 17.9% | 6.75% | #2 |
| 2025 | 4,440 | 2,972 | 20.5% | 6.75% | #1 |
What Rocket 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 Rocket Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 1,250 | 876 | 212 | 17.0% |
| Doña Ana County | 497 | 343 | 86 | 17.3% |
| Sandoval County | 493 | 359 | 74 | 15.0% |
| Santa Fe County | 286 | 188 | 61 | 21.3% |
| Eddy County | 240 | 158 | 56 | 23.3% |
| San Juan County | 194 | 134 | 47 | 24.2% |
| Chaves County | 183 | 127 | 35 | 19.1% |
| Otero County | 160 | 110 | 27 | 16.9% |
| Valencia County | 155 | 98 | 33 | 21.3% |
| Lea County | 128 | 71 | 45 | 35.2% |
Other large lenders in New Mexico
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| 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% |
| Loandepot.Com | D | 1,441 | 24.6% | 6.75% |
Frequently asked questions
New Mexico: 4,440 applications in 2025, of which 2,972 were originated and 908 denied.
20.5% of all applications, or 22.6% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Rocket Mortgage originated in New Mexico in 2025 was 6.75%, against a statewide median of 6.63%.
About this data. Figures are Rocket 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