Van Dyk Mortgage · New Mexico · 2025

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

Van Dyk Mortgage took 186 mortgage applications in New Mexico in 2025, ranking #81 of 599 lenders active in the state. It originated 55.9% of them and denied 3.2% (5.5% of the applications it decided), against a statewide denial rate of 18.6%.

186Applicationsin NM
5.5%Decision denial ratestate 24.7%
6.38%Median ratestate 6.63%
$275,000Median loanstate $205,000
$31MVolume17 counties

Van Dyk Mortgage in New Mexico vs the state

3.2%Denial rate-15.37 pts vs state
5.5%Decision denial rate-19.21 pts vs state
55.9%Origination rate+2.57 pts vs state
6.38%Median rate-0.25 pts vs state
0.23Rate spread (pts)-0.15 pts vs state
$89kMedian applicant income
104Loans originated
6Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023121762.5%6.88%#92
202495551.1%6.63%#97
20251861043.2%6.38%#81

What Van Dyk Mortgage lends in New Mexico

By loan purpose

Home purchase 142 76% · 2.8% denied
Refinance 20 11% · 5.0% denied
Cash-out refinance 21 11% · 4.8% denied
Home improvement 3 2% · 0.0% denied

By loan type

Conventional 96 52% · 1.0% denied
FHA 67 36% · 4.5% denied
VA 23 12% · 8.7% denied

Why it denied New Mexico applicants

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

Where in New Mexico

Counties with the most Van Dyk Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Bernalillo County 88542 2.3%
Sandoval County 35231 2.9%
Grant County 1771 5.9%
Luna County 730 0.0%
Valencia County 751 14.3%
Torrance County 640 0.0%
Santa Fe County 420 0.0%
Rio Arriba County 420 0.0%
Catron County 311 33.3%
Socorro County 300 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: 186 applications in 2025, of which 104 were originated and 6 denied.

3.2% of all applications, or 5.5% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans Van Dyk Mortgage originated in New Mexico in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Van Dyk 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