Union Home Mortgage in New Mexico vs the state
5.5%Denial rate-13.13 pts vs state
7.5%Decision denial rate-17.13 pts vs state
64.2%Origination rate+10.84 pts vs state
6.50%Median rate-0.13 pts vs state
0.33Rate spread (pts)-0.05 pts vs state
$111kMedian applicant income
129Loans originated
11Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 142 | 101 | 1.4% | 6.88% | #83 |
| 2024 | 100 | 69 | 7.0% | 6.99% | #94 |
| 2025 | 201 | 129 | 5.5% | 6.50% | #77 |
What Union Home Mortgage lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Union Home Mortgage applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Santa Fe County | 66 | 41 | 5 | 7.6% |
| Doña Ana County | 40 | 23 | 4 | 10.0% |
| Bernalillo County | 29 | 22 | 0 | 0.0% |
| Sandoval County | 16 | 13 | 0 | 0.0% |
| Curry County | 6 | 4 | 0 | 0.0% |
| Otero County | 6 | 3 | 0 | 0.0% |
| Rio Arriba County | 5 | 1 | 1 | 20.0% |
| Grant County | 4 | 2 | 0 | 0.0% |
| Torrance County | 3 | 3 | 0 | 0.0% |
| Valencia County | 3 | 2 | 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: 201 applications in 2025, of which 129 were originated and 11 denied.
5.5% of all applications, or 7.5% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Union Home Mortgage originated in New Mexico in 2025 was 6.50%, against a statewide median of 6.63%.
About this data. Figures are Union Home Mortgage'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