Largest lenders in Colfax County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Rocket Mortgage | C | 48 | 27 | 25.0% | 6.88% |
| 2 | Guild Mortgage | A | 29 | 20 | 3.5% | 6.63% |
| 3 | 21st Mortgage | F | 24 | 3 | 50.0% | 8.75% |
| 4 | United Shore Financial Services | B | 21 | 11 | 14.3% | 6.65% |
| 5 | Newrez | D | 18 | 11 | 22.2% | 6.50% |
| 6 | UMB Bank | B | 16 | 6 | 43.8% | 2.99% |
| 7 | Mortgage Research Center | C | 15 | 8 | 6.7% | 6.69% |
| 8 | Vanderbilt Mortgage and Finance | F | 12 | 1 | 50.0% | 11.25% |
| 9 | AmeriSave Mortgage | D | 11 | 1 | 72.7% | 9.75% |
| 10 | Evergreen Moneysource Mortgage | B | 11 | 8 | 9.1% | 7.13% |
| 11 | Broker Solutions | D | 10 | 2 | 0.0% | 6.87% |
| 12 | Pennymac Loan Services | C | 9 | 2 | 33.3% | 6.50% |
| 13 | Guaranteed Rate | B | 8 | 3 | 0.0% | 6.60% |
| 14 | Credit Human Federal Credit Union | D | 8 | 1 | 75.0% | 8.00% |
| 15 | Navy Federal Credit Union | D | 8 | 5 | 12.5% | 6.88% |
| 16 | Freedom Mortgage | B | 7 | 3 | 28.6% | 6.25% |
| 17 | Sofi Bank | D | 7 | 1 | 0.0% | 8.13% |
| 18 | Mutual of Omaha Mortgage | C | 6 | 2 | 33.3% | 5.94% |
| 19 | Loandepot.Com | D | 6 | 2 | 50.0% | 6.06% |
| 20 | Nationstar Mortgage | C | 5 | 4 | 20.0% | 6.81% |
| 21 | Highlands Residential Mortgage | B | 5 | 5 | 0.0% | 6.88% |
| 22 | Advancial Credit Union | C | 5 | 5 | 0.0% | 8.00% |
What Colfax County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Colfax County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 453 | 217 | 24.5% | 7.25% | $175,000 |
| 2024 | 475 | 235 | 23.6% | 6.99% | $185,000 |
| 2025 | 460 | 215 | 22.8% | 6.75% | $175,000 |
Frequently asked questions
22.8% of applications in Colfax County were denied in 2025, against 18.6% statewide in New Mexico.
Rocket Mortgage, with 48 applications in 2025 and a denial rate of 25.0%.
The median mortgage application in Colfax County in 2025 was for $175,000; the median property value on originated loans was $275,000.