Sun West Mortgage Company in New Mexico vs the state
31.2%Denial rate+12.57 pts vs state
42.1%Decision denial rate+17.45 pts vs state
28.6%Origination rate-24.77 pts vs state
5.99%Median rate-0.63 pts vs state
0.06Rate spread (pts)-0.33 pts vs state
$78kMedian applicant income
22Loans originated
24Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 58 | 33 | 17.2% | 6.88% | #119 |
| 2024 | 86 | 43 | 19.8% | 6.25% | #104 |
| 2025 | 77 | 22 | 31.2% | 5.99% | #118 |
What Sun West Mortgage Company lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Sun West Mortgage Company applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 29 | 8 | 9 | 31.0% |
| Sandoval County | 10 | 5 | 1 | 10.0% |
| San Juan County | 6 | 2 | 2 | 33.3% |
| Valencia County | 5 | 0 | 3 | 60.0% |
| Doña Ana County | 5 | 2 | 2 | 40.0% |
| Santa Fe County | 5 | 1 | 2 | 40.0% |
| Lea County | 3 | 1 | 1 | 33.3% |
| Curry County | 2 | 1 | 0 | 0.0% |
| Otero County | 2 | 0 | 1 | 50.0% |
| Eddy County | 2 | 0 | 1 | 50.0% |
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: 77 applications in 2025, of which 22 were originated and 24 denied.
31.2% of all applications, or 42.1% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Sun West Mortgage Company originated in New Mexico in 2025 was 5.99%, against a statewide median of 6.63%.
About this data. Figures are Sun West Mortgage Company'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