Rio Arriba County, New Mexico · 2025

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

112 lenders acted on 817 mortgage applications for properties in Rio Arriba County in 2025. 24.4% were denied (New Mexico: 18.6%). Median rate on closed loans 6.75%; median loan $215,000; median property value $350,000.

817Applications
24.4%Denial ratestate 18.6%
6.75%Median ratestate 6.63%
$215,000Median loan
$350,000Median property value

Largest lenders in Rio Arriba County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 21st Mortgage F 16043 36.9%8.97%
2 Rocket Mortgage C 6943 29.0%6.50%
3 Del Norte Credit Union C 4427 20.5%6.00%
4 United Shore Financial Services B 3121 22.6%6.62%
5 Vanderbilt Mortgage and Finance F 283 42.9%9.75%
6 Waterstone Mortgage C 2517 4.0%6.88%
7 Mortgage Research Center C 249 16.7%6.25%
8 Guild Mortgage A 1811 0.0%6.56%
9 Newrez D 173 29.4%8.88%
10 BOKF D 158 13.3%6.55%
11 Guadalupe 1515 0.0%7.66%
12 Loandepot.Com D 155 40.0%7.49%
13 Broker Solutions D 145 0.0%6.38%
14 Nusenda D 146 21.4%7.50%
15 Countryplace Mortgage F 133 23.1%8.59%
16 Freedom Mortgage B 121 8.3%2.25%
17 Sunflower Bank B 126 0.0%6.56%
18 Pennymac Loan Services C 113 36.4%6.00%
19 AmeriSave Mortgage D 112 72.7%6.19%
20 Crosscountry Mortgage B 112 9.1%6.66%
21 Primary Residential Mortgage C 119 0.0%7.13%
22 Geneva Financial C 106 0.0%6.88%
23 JPMorgan Chase Bank B 93 0.0%6.63%
24 New Day Financial F 92 22.2%6.62%
25 UMB Bank B 82 50.0%4.49%

Best approval odds in Rio Arriba County

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

#LenderDecidedDecision denial rate
1Rocket Mortgage6530.8%
221st Mortgage10755.1%

What Rio Arriba County borrowers applied for

By loan purpose

Home purchase 432 53% · 22.9% denied
Refinance 110 13% · 20.9% denied
Cash-out refinance 172 21% · 22.7% denied
Home improvement 40 5% · 32.5% denied
Other / HELOC 63 8% · 39.7% denied

By loan type

Conventional 593 73% · 26.8% denied
FHA 136 17% · 18.4% denied
VA 84 10% · 16.7% denied
USDA / RHS 4 0% · 25.0% denied

Why applications were denied

Credit history 60 31%
Debt-to-income ratio 45 23%
Collateral 31 16%
Incomplete application 24 12%
Unverifiable information 12 6%
Insufficient cash 12 6%
Other 9 5%
Employment history 3 2%

Rio Arriba County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202365529123.7%7.00%$175,000
202473633323.4%6.75%$195,000
202581733824.4%6.75%$215,000

Frequently asked questions

24.4% of applications in Rio Arriba County were denied in 2025, against 18.6% statewide in New Mexico.

21st Mortgage, with 160 applications in 2025 and a denial rate of 36.9%.

The median mortgage application in Rio Arriba County in 2025 was for $215,000; the median property value on originated loans was $350,000.