Securitynational Mortgage · New Mexico · 2025

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

Securitynational Mortgage took 48 mortgage applications in New Mexico in 2025, ranking #155 of 599 lenders active in the state. It originated 64.6% of them and denied 8.3% (11.4% of the applications it decided), against a statewide denial rate of 18.6%.

48Applicationsin NM
11.4%Decision denial ratestate 24.7%
7.13%Median ratestate 6.63%
$265,000Median loanstate $205,000
$7.7MVolume8 counties

Securitynational Mortgage in New Mexico vs the state

8.3%Denial rate-10.27 pts vs state
11.4%Decision denial rate-13.23 pts vs state
64.6%Origination rate+11.24 pts vs state
7.13%Median rate+0.50 pts vs state
1.12Rate spread (pts)+0.73 pts vs state
$108kMedian applicant income
31Loans originated
4Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023823411.0%6.63%#102
202447318.5%7.13%#138
202548318.3%7.13%#155

What Securitynational Mortgage lends in New Mexico

By loan purpose

Home purchase 38 79% · 7.9% denied
Refinance 2 4% · 50.0% denied
Cash-out refinance 8 17% · 0.0% denied

By loan type

Conventional 18 38% · 16.7% denied
FHA 26 54% · 3.9% denied
VA 4 8% · 0.0% denied

Why it denied New Mexico applicants

Insufficient cash 1 25%
Unverifiable information 1 25%
Collateral 1 25%
Incomplete application 1 25%

Where in New Mexico

Counties with the most Securitynational Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Eddy County 27192 7.4%
Doña Ana County 1060 0.0%
Bernalillo County 321 33.3%
Sandoval County 311 33.3%
Otero County 210 0.0%
Santa Fe County 100 0.0%
Chaves County 110 0.0%
San Juan 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: 48 applications in 2025, of which 31 were originated and 4 denied.

8.3% of all applications, or 11.4% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Securitynational Mortgage originated in New Mexico in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are Securitynational 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