Zions Bancorporation in New Mexico vs the state
34.4%Denial rate+15.78 pts vs state
35.5%Decision denial rate+10.82 pts vs state
35.9%Origination rate-17.40 pts vs state
7.75%Median rate+1.13 pts vs state
0.59Rate spread (pts)+0.21 pts vs state
$138kMedian applicant income
23Loans originated
22Denied
Trend in New Mexico
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 84 | 33 | 40.5% | 8.25% | #99 |
| 2024 | 89 | 45 | 36.0% | 8.75% | #101 |
| 2025 | 64 | 23 | 34.4% | 7.75% | #129 |
What Zions Bancorporation lends in New Mexico
By loan purpose
By loan type
Why it denied New Mexico applicants
Where in New Mexico
Counties with the most Zions Bancorporation applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| San Juan County | 49 | 16 | 17 | 34.7% |
| Bernalillo County | 7 | 1 | 3 | 42.9% |
| Colfax County | 2 | 2 | 0 | 0.0% |
| Doña Ana County | 2 | 2 | 0 | 0.0% |
| Santa Fe County | 2 | 2 | 0 | 0.0% |
| Otero County | 1 | 0 | 1 | 100.0% |
| Taos 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: 64 applications in 2025, of which 23 were originated and 22 denied.
34.4% of all applications, or 35.5% of the applications it actually decided on. The New Mexico statewide average across all lenders was 18.6%.
The median rate on loans Zions Bancorporation originated in New Mexico in 2025 was 7.75%, against a statewide median of 6.63%.
About this data. Figures are Zions Bancorporation'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