Rocky Mountain Mortgage · New Mexico · 2025

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

Rocky Mountain Mortgage took 83 mortgage applications in New Mexico in 2025, ranking #111 of 599 lenders active in the state. It originated 55.4% of them and denied 13.3% (19.3% of the applications it decided), against a statewide denial rate of 18.6%.

83Applicationsin NM
19.3%Decision denial ratestate 24.7%
5.31%Median ratestate 6.63%
$355,000Median loanstate $205,000
$16MVolume3 counties

Rocky Mountain Mortgage in New Mexico vs the state

13.3%Denial rate-5.35 pts vs state
19.3%Decision denial rate-5.36 pts vs state
55.4%Origination rate+2.08 pts vs state
5.31%Median rate-1.31 pts vs state
-0.58Rate spread (pts)-0.96 pts vs state
$106kMedian applicant income
46Loans originated
11Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231394818.7%6.38%#84
20241777316.4%5.63%#75
2025834613.3%5.31%#111

What Rocky Mountain Mortgage lends in New Mexico

By loan purpose

Home purchase 82 99% · 13.4% denied
Refinance 1 1% · 0.0% denied

By loan type

Conventional 12 14% · 8.3% denied
FHA 57 69% · 15.8% denied
VA 14 17% · 7.1% denied

Why it denied New Mexico applicants

Debt-to-income ratio 7 64%
Credit history 4 36%

Where in New Mexico

Counties with the most Rocky Mountain Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Doña Ana County 59434 6.8%
Eddy County 210 0.0%
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: 83 applications in 2025, of which 46 were originated and 11 denied.

13.3% of all applications, or 19.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Rocky Mountain Mortgage originated in New Mexico in 2025 was 5.31%, against a statewide median of 6.63%.

About this data. Figures are Rocky Mountain 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