SmartFi Home Loans in New Mexico vs the state
25.0%Denial rate+6.40 pts vs state
26.7%Decision denial rate+2.01 pts vs state
68.8%Origination rate+15.41 pts vs state
6.25%Median rate-0.38 pts vs state
—Rate spread (pts)
$24kMedian applicant income
11Loans originated
4Denied
What SmartFi Home Loans lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most SmartFi Home Loans applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 8 | 7 | 1 | 12.5% |
| Santa Fe County | 2 | 0 | 2 | 100.0% |
| Torrance County | 1 | 0 | 0 | 0.0% |
| Colfax County | 1 | 1 | 0 | 0.0% |
| Sandoval County | 1 | 1 | 0 | 0.0% |
| Grant County | 1 | 1 | 0 | 0.0% |
| Taos County | 1 | 0 | 1 | 100.0% |
| Lea County | 1 | 1 | 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: 16 applications in 2025, of which 11 were originated and 4 denied.
25.0% of all applications, or 26.7% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans SmartFi Home Loans originated in New Mexico in 2025 was 6.25%, against a statewide median of 6.63%.
About this data. Figures are SmartFi Home Loans'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