Top Flite Financial · New Mexico · 2025

Top Flite Financial in New Mexico: approval rate, denial rate and rates (2025)

Top Flite Financial took 38 mortgage applications in New Mexico in 2025, ranking #166 of 599 lenders active in the state. It originated 29.0% of them and denied 15.8% (35.3% of the applications it decided), against a statewide denial rate of 18.6%.

38Applicationsin NM
35.3%Decision denial ratestate 24.7%
6.63%Median ratestate 6.63%
$220,000Median loanstate $205,000
$3.2MVolume11 counties

Top Flite Financial in New Mexico vs the state

15.8%Denial rate-2.81 pts vs state
35.3%Decision denial rate+10.63 pts vs state
29.0%Origination rate-24.39 pts vs state
6.63%Median rate0.00 pts vs state
1.10Rate spread (pts)+0.72 pts vs state
$80kMedian applicant income
11Loans originated
6Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023321318.8%7.25%#148
2024412217.1%7.06%#151
2025381115.8%6.63%#166

What Top Flite Financial lends in New Mexico

By loan purpose

Home purchase 5 13% · 20.0% denied
Cash-out refinance 30 79% · 13.3% denied
Home improvement 3 8% · 33.3% denied

By loan type

Conventional 7 18% · 14.3% denied
FHA 28 74% · 14.3% denied
VA 3 8% · 33.3% denied

Why it denied New Mexico applicants

Other 3 50%
Debt-to-income ratio 1 17%
Credit history 1 17%
Collateral 1 17%

Where in New Mexico

Counties with the most Top Flite Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 2162 9.5%
Otero County 412 50.0%
Doña Ana County 301 33.3%
San Juan County 220 0.0%
Colfax County 200 0.0%
Lincoln County 100 0.0%
Los Alamos County 110 0.0%
Lea County 100 0.0%
Eddy County 101 100.0%
San Miguel County 100 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: 38 applications in 2025, of which 11 were originated and 6 denied.

15.8% of all applications, or 35.3% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Top Flite Financial originated in New Mexico in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Top Flite Financial'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