Western Commerce Bank in New Mexico vs the state
1.7%Denial rate-16.91 pts vs state
1.9%Decision denial rate-22.76 pts vs state
85.6%Origination rate+32.25 pts vs state
—Median rate
—Rate spread (pts)
$126kMedian applicant income
101Loans originated
2Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 91 | 82 | 2.2% | — | #97 |
| 2024 | 97 | 83 | 2.1% | — | #95 |
| 2025 | 118 | 101 | 1.7% | — | #100 |
What Western Commerce Bank lends in New Mexico
By loan purpose
By loan type
Where in New Mexico
Counties with the most Western Commerce Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Eddy County | 95 | 79 | 1 | 1.1% |
| Lea County | 12 | 12 | 0 | 0.0% |
| Curry County | 7 | 6 | 1 | 14.3% |
| Valencia County | 2 | 2 | 0 | 0.0% |
| Bernalillo County | 1 | 1 | 0 | 0.0% |
| Roosevelt County | 1 | 1 | 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: 118 applications in 2025, of which 101 were originated and 2 denied.
1.7% of all applications, or 1.9% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Western Commerce Bank'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