Sandia Area at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the F grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
8th30.0% deniedProcesswithdrawn + incomplete share, weight 15%
31st16.2%Trend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 659 | 370 | 26.1% | 31.1% | — | $41M |
| 2024 | 730 | 425 | 24.4% | 29.2% | — | $48M |
| 2025 | 736 | 426 | 25.1% | 30.0% | — | $53M |
What Sandia Area lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 17 manufactured homes, 60 investment properties.
Who gets approved at Sandia Area
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 80 | 31 | 54.4% |
| $50k – $100k | 228 | 130 | 31.8% |
| $100k – $150k | 181 | 101 | 32.5% |
| $150k – $250k | 148 | 98 | 18.2% |
| Over $250k | 38 | 25 | 7.4% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 86 | 38 | 36.7% |
| 35–44 | 158 | 93 | 31.9% |
| 45–54 | 190 | 115 | 27.5% |
| 55–64 | 136 | 89 | 25.4% |
| 65–74 | 103 | 54 | 34.9% |
| Over 74 | 45 | 24 | 33.3% |
Where Sandia Area lends
6 states and 26 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| New Mexico | 728 | 425 | 24.9% | — | #25 |
Frequently asked questions
Sandia Area denied 30.0% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 8th percentile of small mortgage lenders.
In 2025, 14% of its applications were for home purchases, 30% for refinancing (including cash-out), and 56% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.