Eddy County, New Mexico · 2025

Mortgage lenders in Eddy County, NM: denial rates and top lenders (2025)

174 lenders acted on 2,167 mortgage applications for properties in Eddy County in 2025. 21.4% were denied (New Mexico: 18.6%). Median rate on closed loans 6.75%; median loan $195,000; median property value $275,000.

2.2kApplications
21.4%Denial ratestate 18.6%
6.75%Median ratestate 6.63%
$195,000Median loan
$275,000Median property value

Largest lenders in Eddy County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 240158 23.3%6.63%
2 21st Mortgage F 21436 46.7%9.54%
3 Western Commerce Bank A 9579 1.1%
4 Guild Mortgage A 8955 4.5%6.75%
5 Evergreen Moneysource Mortgage B 6952 2.9%6.88%
6 Pennymac Loan Services C 6830 13.2%6.38%
7 United Shore Financial Services B 6536 20.0%6.13%
8 Broker Solutions D 6527 3.1%6.88%
9 Vanderbilt Mortgage and Finance F 629 38.7%9.25%
10 Mortgage Research Center C 5733 14.0%6.50%
11 First American Bank C 5738 8.8%6.75%
12 Loandepot.Com D 4621 30.4%6.75%
13 Newrez D 4312 25.6%6.75%
14 Triad Financial Services D 4211 45.2%9.30%
15 Geneva Financial C 3923 2.6%6.75%
16 Prosperity Home Mortgage A 3727 18.9%6.25%
17 American Pacific Mortgage C 3524 5.7%6.63%
18 CMG Mortgage A 3224 3.1%6.75%
19 Primary Residential Mortgage C 3130 0.0%6.56%
20 AmeriSave Mortgage D 294 75.9%6.88%
21 Securitynational Mortgage D 2719 7.4%6.75%
22 Wells Fargo Bank B 2513 20.0%6.75%
23 Freedom Mortgage B 235 21.7%6.25%
24 Crosscountry Mortgage B 2213 4.6%6.49%
25 Navy Federal Credit Union D 2113 19.1%6.25%

Best approval odds in Eddy County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Western Commerce Bank821.2%
2Evergreen Moneysource Mortgage563.6%
3Guild Mortgage715.6%
4Rocket Mortgage22225.2%
5United Shore Financial Services5026.0%
621st Mortgage13971.9%

What Eddy County borrowers applied for

By loan purpose

Home purchase 1,390 64% · 18.2% denied
Refinance 280 13% · 17.9% denied
Cash-out refinance 309 14% · 32.7% denied
Home improvement 62 3% · 30.7% denied
Other / HELOC 126 6% · 32.5% denied

By loan type

Conventional 1,337 62% · 25.0% denied
FHA 623 29% · 16.2% denied
VA 202 9% · 14.4% denied
USDA / RHS 5 0% · 0.0% denied

Why applications were denied

Credit history 144 31%
Debt-to-income ratio 102 22%
Collateral 76 16%
Incomplete application 61 13%
Other 30 7%
Insufficient cash 23 5%
Unverifiable information 22 5%
Employment history 3 1%

Eddy County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20231,66779624.2%6.88%$175,000
20241,90298121.3%6.88%$195,000
20252,1671,09721.4%6.75%$195,000

Frequently asked questions

21.4% of applications in Eddy County were denied in 2025, against 18.6% statewide in New Mexico.

Rocket Mortgage, with 240 applications in 2025 and a denial rate of 23.3%.

The median mortgage application in Eddy County in 2025 was for $195,000; the median property value on originated loans was $275,000.