Taos County, New Mexico · 2025

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

175 lenders acted on 1,041 mortgage applications for properties in Taos County in 2025. 23.3% were denied (New Mexico: 18.6%). Median rate on closed loans 6.88%; median loan $245,000; median property value $465,000.

1.0kApplications
23.3%Denial ratestate 18.6%
6.88%Median ratestate 6.63%
$245,000Median loan
$465,000Median property value

Largest lenders in Taos County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Rocket Mortgage C 12170 27.3%6.63%
2 21st Mortgage F 9828 34.7%8.86%
3 Nusenda D 7536 24.0%8.00%
4 United Shore Financial Services B 6140 11.5%6.62%
5 Newrez D 3515 20.0%6.88%
6 Guaranteed Rate B 2814 0.0%6.88%
7 Vanderbilt Mortgage and Finance F 273 33.3%7.50%
8 Pennymac Loan Services C 2514 24.0%6.56%
9 Mortgage Research Center C 248 12.5%6.31%
10 U.S. Bank D 235 47.8%7.15%
11 NBH Bank C 2314 17.4%7.00%
12 AmeriSave Mortgage D 183 72.2%7.25%
13 CMG Mortgage A 1710 11.8%6.81%
14 Navy Federal Credit Union D 164 18.8%5.88%
15 JPMorgan Chase Bank B 155 26.7%6.38%
16 Loandepot.Com D 152 53.3%7.50%
17 Waterstone Mortgage C 128 0.0%6.99%
18 USAA Federal Savings Bank C 115 36.4%6.38%
19 Southwest Stage Funding F 113 27.3%7.85%
20 Nationstar Mortgage C 106 10.0%6.81%
21 Guadalupe 99 0.0%7.82%
22 Mutual of Omaha Mortgage C 93 0.0%6.63%
23 Flagstar Bank C 84 37.5%6.75%
24 Builders Choice Mortgage C 86 0.0%7.00%
25 Credit Human Federal Credit Union D 80 62.5%

Best approval odds in Taos County

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

#LenderDecidedDecision denial rate
1Rocket Mortgage10631.1%
2Nusenda5532.7%
321st Mortgage6453.1%

What Taos County borrowers applied for

By loan purpose

Home purchase 533 51% · 17.5% denied
Refinance 141 14% · 25.5% denied
Cash-out refinance 204 20% · 27.5% denied
Home improvement 70 7% · 37.1% denied
Other / HELOC 93 9% · 34.4% denied

By loan type

Conventional 880 85% · 23.4% denied
FHA 79 8% · 30.4% denied
VA 77 7% · 16.9% denied
USDA / RHS 5 0% · 0.0% denied

Why applications were denied

Debt-to-income ratio 66 27%
Collateral 52 21%
Incomplete application 38 16%
Credit history 36 15%
Other 21 9%
Unverifiable information 18 7%
Insufficient cash 7 3%
Employment history 4 2%

Taos County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202379534025.2%7.13%$205,000
202484139722.8%7.13%$215,000
20251,04147323.3%6.88%$245,000

Frequently asked questions

23.3% of applications in Taos County were denied in 2025, against 18.6% statewide in New Mexico.

Rocket Mortgage, with 121 applications in 2025 and a denial rate of 27.3%.

The median mortgage application in Taos County in 2025 was for $245,000; the median property value on originated loans was $465,000.