Los Alamos County, New Mexico · 2025

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

107 lenders acted on 785 mortgage applications for properties in Los Alamos County in 2025. 11.1% were denied (New Mexico: 18.6%). Median rate on closed loans 6.38%; median loan $375,000; median property value $585,000.

785Applications
11.1%Denial ratestate 18.6%
6.38%Median ratestate 6.63%
$375,000Median loan
$585,000Median property value

Largest lenders in Los Alamos County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Waterstone Mortgage C 10093 0.0%6.63%
2 Del Norte Credit Union C 7662 4.0%5.50%
3 Sunflower Bank B 7256 4.2%6.63%
4 Rocket Mortgage C 5841 15.5%6.75%
5 21st Mortgage F 306 33.3%9.91%
6 BOKF D 2513 16.0%6.50%
7 Navy Federal Credit Union D 2510 12.0%6.63%
8 United Shore Financial Services B 2317 8.7%6.00%
9 Enterprise Bank & Trust D 2215 13.6%
10 Mortgage Research Center C 158 20.0%6.13%
11 Freedom Mortgage B 1410 7.1%6.13%
12 Pennymac Loan Services C 138 7.7%7.31%
13 AmeriSave Mortgage D 121 75.0%9.13%
14 Figure Lending C 128 8.3%7.86%
15 U.S. Bank D 108 20.0%7.54%
16 Spring Eq D 104 30.0%10.08%
17 Coastal Community Bank C 92 0.0%8.87%
18 Discover Bank F 81 62.5%12.12%
19 UMB Bank B 84 25.0%2.99%
20 JPMorgan Chase Bank B 85 12.5%6.38%
21 LENOX FINANCIAL MORTGAGE CORPORATION, Sage Home Loans B 83 0.0%5.88%
22 Nationstar Mortgage C 87 0.0%7.99%
23 PHH Mortgage C 75 0.0%5.99%
24 USAA Federal Savings Bank C 74 28.6%6.25%
25 Bank of America F 74 28.6%5.99%

Best approval odds in Los Alamos County

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

#LenderDecidedDecision denial rate
1Waterstone Mortgage930.0%
2Del Norte Credit Union664.6%
3Sunflower Bank595.1%
4Rocket Mortgage5217.3%

What Los Alamos County borrowers applied for

By loan purpose

Home purchase 423 54% · 6.9% denied
Refinance 144 18% · 13.9% denied
Cash-out refinance 101 13% · 15.8% denied
Home improvement 62 8% · 16.1% denied
Other / HELOC 55 7% · 21.8% denied

By loan type

Conventional 650 83% · 10.9% denied
FHA 40 5% · 20.0% denied
VA 94 12% · 8.5% denied
USDA / RHS 1 0% · 0.0% denied

Why applications were denied

Incomplete application 23 27%
Debt-to-income ratio 18 21%
Credit history 14 17%
Collateral 11 13%
Other 9 11%
Unverifiable information 7 8%
Insufficient cash 2 2%

Los Alamos County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
20236404379.4%6.63%$305,000
202471249211.8%6.63%$355,000
202578550311.1%6.38%$375,000

Frequently asked questions

11.1% of applications in Los Alamos County were denied in 2025, against 18.6% statewide in New Mexico.

Waterstone Mortgage, with 100 applications in 2025 and a denial rate of 0.0%.

The median mortgage application in Los Alamos County in 2025 was for $375,000; the median property value on originated loans was $585,000.