RPE Home in New Mexico vs the state
12.5%Denial rate-6.10 pts vs state
25.0%Decision denial rate+0.34 pts vs state
37.5%Origination rate-15.84 pts vs state
11.80%Median rate+5.18 pts vs state
—Rate spread (pts)
—Median applicant income
3Loans originated
1Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 76 | 5 | 32.9% | 11.25% | #109 |
| 2025 | 8 | 3 | 12.5% | 11.80% | #272 |
What RPE Home lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most RPE Home applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 4 | 3 | 0 | 0.0% |
| Doña Ana County | 2 | 0 | 0 | 0.0% |
| Valencia County | 1 | 0 | 1 | 100.0% |
| Chaves County | 1 | 0 | 0 | 0.0% |
Other large lenders in New Mexico
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Rocket Mortgage | C | 4,440 | 20.5% | 6.75% |
| 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% |
Frequently asked questions
New Mexico: 8 applications in 2025, of which 3 were originated and 1 denied.
12.5% of all applications, or 25.0% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans RPE Home originated in New Mexico in 2025 was 11.80%, against a statewide median of 6.63%.
About this data. Figures are RPE Home'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