Valley West in New Mexico vs the state
6.7%Denial rate-11.93 pts vs state
12.5%Decision denial rate-12.16 pts vs state
40.0%Origination rate-13.34 pts vs state
6.06%Median rate-0.57 pts vs state
-0.06Rate spread (pts)-0.44 pts vs state
$108kMedian applicant income
6Loans originated
1Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2024 | 28 | 10 | 7.1% | 6.19% | #178 |
| 2025 | 15 | 6 | 6.7% | 6.06% | #220 |
What Valley West lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Valley West applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Bernalillo County | 7 | 3 | 0 | 0.0% |
| Sandoval County | 2 | 1 | 0 | 0.0% |
| Eddy County | 2 | 1 | 0 | 0.0% |
| Santa Fe County | 1 | 1 | 0 | 0.0% |
| Taos County | 1 | 0 | 0 | 0.0% |
| Curry County | 1 | 0 | 0 | 0.0% |
| Grant County | 1 | 0 | 1 | 100.0% |
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: 15 applications in 2025, of which 6 were originated and 1 denied.
6.7% of all applications, or 12.5% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Valley West originated in New Mexico in 2025 was 6.06%, against a statewide median of 6.63%.
About this data. Figures are Valley West'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