White Sands · New Mexico · 2025

White Sands in New Mexico: approval rate, denial rate and rates (2025)

White Sands took 49 mortgage applications in New Mexico in 2025, ranking #153 of 599 lenders active in the state. It originated 69.4% of them and denied 16.3% (19.1% of the applications it decided), against a statewide denial rate of 18.6%.

49Applicationsin NM
19.1%Decision denial ratestate 24.7%
6.75%Median ratestate 6.63%
$55,000Median loanstate $205,000
$5.1MVolume7 counties

White Sands in New Mexico vs the state

16.3%Denial rate-2.27 pts vs state
19.1%Decision denial rate-5.61 pts vs state
69.4%Origination rate+16.05 pts vs state
6.75%Median rate+0.13 pts vs state
-0.80Rate spread (pts)-1.18 pts vs state
$73kMedian applicant income
34Loans originated
8Denied

Trend in New Mexico

YearApplicationsOriginatedDenial rateMedian rateRank in state
202340390.0%6.88%#135
202421190.0%#197
2025493416.3%6.75%#153

What White Sands lends in New Mexico

By loan purpose

Home purchase 7 14% · 0.0% denied
Refinance 9 18% · 11.1% denied
Cash-out refinance 1 2% · 0.0% denied
Home improvement 17 35% · 17.7% denied
Other / HELOC 15 31% · 26.7% denied

By loan type

Conventional 49 100% · 16.3% denied

Why it denied New Mexico applicants

Debt-to-income ratio 6 75%
Unverifiable information 1 13%
Collateral 1 13%

Where in New Mexico

Counties with the most White Sands applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Doña Ana County 43325 11.6%
Bernalillo County 100 0.0%
Lincoln County 110 0.0%
Sierra County 101 100.0%
Luna County 101 100.0%
Grant County 101 100.0%
Otero County 110 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: 49 applications in 2025, of which 34 were originated and 8 denied.

16.3% of all applications, or 19.1% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.

The median rate on loans White Sands originated in New Mexico in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are White Sands'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