The Loan Store in New Mexico vs the state
7.5%Denial rate-11.15 pts vs state
8.3%Decision denial rate-16.38 pts vs state
68.3%Origination rate+14.98 pts vs state
6.88%Median rate+0.25 pts vs state
0.37Rate spread (pts)-0.01 pts vs state
$111kMedian applicant income
110Loans originated
12Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 47 | 27 | 12.8% | 6.99% | #139 |
| 2025 | 161 | 110 | 7.5% | 6.88% | #88 |
What The Loan Store lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most The Loan Store applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Doña Ana County | 64 | 45 | 4 | 6.3% |
| Bernalillo County | 36 | 22 | 3 | 8.3% |
| Santa Fe County | 10 | 6 | 1 | 10.0% |
| Sierra County | 9 | 6 | 1 | 11.1% |
| Lincoln County | 6 | 4 | 1 | 16.7% |
| Otero County | 6 | 5 | 0 | 0.0% |
| Sandoval County | 5 | 5 | 0 | 0.0% |
| San Juan County | 4 | 2 | 0 | 0.0% |
| Eddy County | 4 | 3 | 1 | 25.0% |
| Lea County | 3 | 3 | 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: 161 applications in 2025, of which 110 were originated and 12 denied.
7.5% of all applications, or 8.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans The Loan Store originated in New Mexico in 2025 was 6.88%, against a statewide median of 6.63%.
About this data. Figures are The Loan Store'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