Valon Mortgage · New Mexico · 2025

Valon Mortgage in New Mexico: approval rate, denial rate and rates (2025)

Valon Mortgage took 61 mortgage applications in New Mexico in 2025, ranking #133 of 599 lenders active in the state. It originated 65.6% of them and denied 18.0% (20.4% of the applications it decided), against a statewide denial rate of 18.6%.

61Applicationsin NM
20.4%Decision denial ratestate 24.7%
8.03%Median ratestate 6.63%
$85,000Median loanstate $205,000
$4.6MVolume10 counties

Valon Mortgage in New Mexico vs the state

18.0%Denial rate-0.57 pts vs state
20.4%Decision denial rate-4.29 pts vs state
65.6%Origination rate+12.23 pts vs state
8.03%Median rate+1.40 pts vs state
1.89Rate spread (pts)+1.50 pts vs state
$107kMedian applicant income
40Loans originated
11Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
20246266.7%6.99%#286
2025614018.0%8.03%#133

What Valon Mortgage lends in New Mexico

By loan purpose

Home purchase 3 5% · 0.0% denied
Refinance 8 13% · 12.5% denied
Cash-out refinance 10 16% · 40.0% denied
Home improvement 21 34% · 19.1% denied
Other / HELOC 19 31% · 10.5% denied

By loan type

Conventional 54 89% · 16.7% denied
FHA 7 11% · 28.6% denied

Why it denied New Mexico applicants

Debt-to-income ratio 6 55%
Incomplete application 3 27%
Credit history 1 9%
Collateral 1 9%

Where in New Mexico

Counties with the most Valon Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 27214 14.8%
Santa Fe County 833 37.5%
Sandoval County 751 14.3%
San Juan County 750 0.0%
Doña Ana County 640 0.0%
Otero County 211 50.0%
Taos County 101 100.0%
McKinley County 110 0.0%
Cibola County 101 100.0%
Sierra 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: 61 applications in 2025, of which 40 were originated and 11 denied.

18.0% of all applications, or 20.4% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Valon Mortgage originated in New Mexico in 2025 was 8.03%, against a statewide median of 6.63%.

About this data. Figures are Valon 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