Largest lenders in San Miguel County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Vanderbilt Mortgage and Finance | F | 110 | 10 | 40.0% | 10.87% |
| 2 | 21st Mortgage | F | 92 | 22 | 50.0% | 10.09% |
| 3 | State Employees Credit Union | D | 42 | 19 | 26.2% | 7.25% |
| 4 | Rocket Mortgage | C | 37 | 21 | 21.6% | 6.25% |
| 5 | Credit Human Federal Credit Union | D | 31 | 1 | 83.9% | 7.70% |
| 6 | Directors Mortgage | B | 27 | 16 | 7.4% | 6.75% |
| 7 | Southwest Stage Funding | F | 17 | 8 | 11.8% | 7.43% |
| 8 | Crosscountry Mortgage | B | 16 | 12 | 0.0% | 6.25% |
| 9 | Guaranteed Rate | B | 15 | 2 | 33.3% | 8.10% |
| 10 | United Shore Financial Services | B | 15 | 11 | 13.3% | 6.25% |
| 11 | Waterstone Mortgage | C | 15 | 11 | 0.0% | 6.63% |
| 12 | Guild Mortgage | A | 14 | 9 | 0.0% | 6.38% |
| 13 | Del Norte Credit Union | C | 13 | 8 | 15.4% | 5.50% |
| 14 | AmeriSave Mortgage | D | 12 | 2 | 58.3% | 9.38% |
| 15 | Broker Solutions | D | 12 | 1 | 8.3% | 6.13% |
| 16 | Loandepot.Com | D | 12 | 7 | 25.0% | 6.99% |
| 17 | Mortgage Research Center | C | 10 | 5 | 10.0% | 5.99% |
| 18 | Freedom Mortgage | B | 9 | 2 | 0.0% | 6.43% |
| 19 | JPMorgan Chase Bank | B | 8 | 3 | 0.0% | 6.25% |
| 20 | V.i.p. Mortgage | B | 8 | 5 | 0.0% | 6.63% |
| 21 | Wells Fargo Bank | B | 7 | 5 | 0.0% | 6.13% |
| 22 | BOKF | D | 7 | 7 | 0.0% | 6.88% |
| 23 | Countryplace Mortgage | F | 7 | 1 | 14.3% | 7.89% |
| 24 | Nusenda | D | 7 | 4 | 28.6% | 7.44% |
| 25 | Nationstar Mortgage | C | 6 | 2 | 0.0% | 8.31% |
Best approval odds in San Miguel County
Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.
| # | Lender | Decided | Decision denial rate |
|---|---|---|---|
| 1 | 21st Mortgage | 70 | 65.7% |
| 2 | Vanderbilt Mortgage and Finance | 55 | 80.0% |
What San Miguel County borrowers applied for
By loan purpose
By loan type
Why applications were denied
San Miguel County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 655 | 253 | 32.5% | 7.00% | $135,000 |
| 2024 | 580 | 224 | 29.1% | 6.88% | $155,000 |
| 2025 | 686 | 250 | 27.8% | 6.88% | $145,000 |
Frequently asked questions
27.8% of applications in San Miguel County were denied in 2025, against 18.6% statewide in New Mexico.
Vanderbilt Mortgage and Finance, with 110 applications in 2025 and a denial rate of 40.0%.
The median mortgage application in San Miguel County in 2025 was for $145,000; the median property value on originated loans was $265,000.