Triad Financial Services in New Mexico vs the state
63.0%Denial rate+44.37 pts vs state
63.4%Decision denial rate+38.71 pts vs state
11.1%Origination rate-42.25 pts vs state
8.98%Median rate+2.36 pts vs state
3.19Rate spread (pts)+2.81 pts vs state
$62kMedian applicant income
53Loans originated
301Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 357 | 34 | 57.7% | 8.50% | #47 |
| 2024 | 320 | 25 | 58.8% | 8.90% | #52 |
| 2025 | 478 | 53 | 63.0% | 8.98% | #37 |
What Triad Financial Services lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Triad Financial Services applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Doña Ana County | 57 | 4 | 42 | 73.7% |
| Lea County | 48 | 6 | 25 | 52.1% |
| Bernalillo County | 47 | 6 | 26 | 55.3% |
| Cibola County | 46 | 0 | 41 | 89.1% |
| Eddy County | 42 | 11 | 19 | 45.2% |
| Otero County | 42 | 9 | 20 | 47.6% |
| San Juan County | 40 | 2 | 28 | 70.0% |
| McKinley County | 23 | 0 | 17 | 73.9% |
| Chaves County | 18 | 2 | 11 | 61.1% |
| Santa Fe County | 15 | 0 | 10 | 66.7% |
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: 478 applications in 2025, of which 53 were originated and 301 denied.
63.0% of all applications, or 63.4% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Triad Financial Services originated in New Mexico in 2025 was 8.98%, against a statewide median of 6.63%.
About this data. Figures are Triad Financial Services'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