Success Lending in New Mexico vs the state
26.7%Denial rate+8.07 pts vs state
33.3%Decision denial rate+8.67 pts vs state
53.3%Origination rate-0.01 pts vs state
6.56%Median rate-0.06 pts vs state
0.33Rate spread (pts)-0.05 pts vs state
$62kMedian applicant income
8Loans originated
4Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 10 | 5 | 20.0% | 6.50% | #252 |
| 2025 | 15 | 8 | 26.7% | 6.56% | #224 |
What Success Lending lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Success Lending applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Doña Ana County | 6 | 3 | 2 | 33.3% |
| Eddy County | 3 | 2 | 0 | 0.0% |
| Santa Fe County | 2 | 1 | 1 | 50.0% |
| Torrance County | 2 | 1 | 0 | 0.0% |
| Bernalillo County | 1 | 1 | 0 | 0.0% |
| Rio Arriba County | 1 | 0 | 1 | 100.0% |
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: 15 applications in 2025, of which 8 were originated and 4 denied.
26.7% of all applications, or 33.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Success Lending originated in New Mexico in 2025 was 6.56%, against a statewide median of 6.63%.
About this data. Figures are Success Lending'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