Torrance County NM
Mortgage Loan Application
Totals and Details
for 2022

Find mortgage statistics and lending data for the Torrance County NM metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Torrance County NM, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 772
Total Mortgage Loan Application Amount $126,440,000
Average Mortgage Loan Application Amount $163,000
Highest Mortgage Loan Application Amount $995,000
Average Applicant Income $73,000
Highest Applicant Income $427,000

Mortgage Company List for Lending in Torrance County NM for 2022

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 118 $ 18,660,000
WATERSTONE MORTGAGE CORPORATION
N25 W23255 PAUL ROAD
PEWAUKEE, WI 53072
* $ -1,000 33 $ 5,325,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 30 $ 3,900,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,779,504,000,000 27 $ 3,165,000
LEGACY MORTGAGE LLC
6725 ACADEMY ROAD NE
ALBUQUERQUE, NM 87109
* $ -1,000 21 $ 2,785,000
ACADEMY MORTGAGE CORPORATION
339 WEST 13490 SOUTH
DRAPER, UT 84020
* $ -1,000 21 $ 2,275,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 564,154,604,000 18 $ 2,010,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ -1,000 18 $ 3,660,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 17 $ 3,565,000
PENNYMAC LOAN SERVICES, LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 15 $ 3,045,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ -1,000 14 $ 2,600,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ -1,000 13 $ 1,985,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ -1,000 12 $ 2,760,000
SANDIA LABORATORY
3707 JUAN TABO NE
ALBUQUERQUE, NM 87111
* $ 3,624,478,000 12 $ 1,650,000
AMERICAN PACIFIC MORTGAGE CORPORATION
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 12 $ 1,570,000
MORTGAGE SOLUTIONS OF COLORADO, LLC
MORTGAGE SOLUTIONS OF COLORADO
5455 N UNION BLVD, CO 80918
* $ -1,000 12 $ 1,890,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 11 $ 1,525,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 50,093,398,000 11 $ 2,185,000
MOUNTAIN AMERICA
7181 SOUTH CAMPUS VIEW DRIVE
WEST JORDAN, UT 84084
* $ 14,019,893,000 10 $ 730,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ -1,000 10 $ 1,040,000
CHANGE LENDING LLC
3130 CANYON PLACE
SAN RAMON, CA 94583
* $ -1,000 10 $ 2,280,000
AMERICAN FINANCING CORPORATION
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 10 $ 1,480,000
NUSENDA
PO BOX 8530
ALBUQUERQUE, NM 87198
* $ 3,745,073,000 10 $ 820,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ -1,000 9 $ 1,465,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 9 $ 2,365,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 9 $ 1,635,000
AMERIFIRST FINANCIAL, INC.
1550 E. MCKELLIPS RD, SUITE 117
MESA, AZ 85203
* $ -1,000 9 $ 1,505,000
PRIMARY RESIDENTIAL MORTGAGE, INC.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 8 $ 1,580,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ -1,000 8 $ 1,460,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ -1,000 8 $ 1,270,000
SPRING EQ, LLC
2929 ARCH ST
PHILADELPHIA, PA 19104
* $ -1,000 7 $ 1,015,000
KIRTLAND FEDERAL CREDIT UNION
6440 GIBSON BLVD SE
ALBUQUERQUE, NM 87108
* $ 976,720,000 7 $ 615,000
MUTUAL OF OMAHA MORTGAGE, INC
3131 CAMINO DEL RIO N 190
SAN DIEGO, CA 92108
* $ -1,000 7 $ 1,185,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 6 $ 1,110,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 6 $ 1,110,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ -1,000 6 $ 1,250,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ -1,000 6 $ 1,340,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 6 $ 1,000,000
TRIAD FINANCIAL SERVICES, INC.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 5 $ 775,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ -1,000 5 $ 775,000
SOUTHWEST STAGE FUNDING, LLC
3345 S. VAL VISTA DRIVE, SUITE 300
GILBERT, AZ 85297
* $ -1,000 4 $ 1,170,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 4 $ 1,200,000
PLANET HOME LENDING, LLC
321 RESEARCH PARKWAY STE 300
MERIDEN, CT 06540
* $ -1,000 4 $ 610,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 810,000
HOMETRUST MORTGAGE COMPANY
5353 W ALABAMA, SUITE 500
HOUSTON, TX 77056
* $ -1,000 4 $ 800,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 4 $ 1,050,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 4 $ 390,000
BAY EQUITY LLC
28 LIBERTY SHIPWAY SUITE 2800
SAUSALITO, CA 94965
* $ -1,000 4 $ 350,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 3,655,190,000 4 $ 350,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ -1,000 4 $ 490,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 16,855,693,000 4 $ 660,000
SANDIA AREA
PO BOX 18044
ALBUQUERQUE, NM 87185
* $ 987,396,000 4 $ 350,000
KIND LENDING, LLC
9931 CORPORATE CAMPUS DR, STE 1200
LOUISVILLE, KY 40223
* $ -1,000 4 $ 720,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ -1,000 3 $ 215,000
PLAINS COMMERCE BANK
220 MAIN ST
HOVEN, SD 57450
* $ 1,046,473,000 3 $ 595,000
GATEWAY FIRST BANK
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,879,005,000 3 $ 745,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 117,378,701,000 3 $ 805,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 3,348,940,000 3 $ 525,000
WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION
425 PIKE ST
SEATTLE, WA 98101
* $ 19,973,048,000 3 $ 1,385,000
GOODLEAP, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 3 $ 305,000
BANK OF THE WEST
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 104,790,698,000 3 $ 315,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ -1,000 3 $ 345,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 3 $ 335,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 465,000
LAKEVIEW LOAN SERVICING, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 395,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 3 $ 575,000
CALCON MUTUAL MORTGAGE LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ -1,000 3 $ 705,000
AMCAP MORTGAGE, LTD.
9999 BELLAIRE BLVD., SUITE 700
HOUSTON, TX 77036
* $ -1,000 2 $ 480,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 370,000
A+ FEDERAL CREDIT UNION
6420 US HWY 290 EAST
AUSTIN, TX 78723
* $ 2,415,583,000 2 $ 390,000
SUNFLOWER BANK, NATIONAL ASSOCIATION
3025 CORTLAND CIRCLE - PO BOX 800
SALINA, KS 67401
* $ 5,652,968,000 2 $ 280,000
BETTER MORTGAGE CORPORATION
459 BROADWAY, FLOOR 5
NEW YORK, NY 10013
* $ -1,000 2 $ 1,010,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 2 $ 560,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 170,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 32,127,026,000 2 $ 170,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 108,342,526,000 2 $ 90,000
FIRST FINANCIAL CREDIT UNION
2700 SAN MATEO BLVD NE
ALBUQUERQUE, NM 87107
* $ 827,828,000 2 $ 40,000
RIO GRANDE
10001 LOMAS BLVD, NE
ALBUQUERQUE, NM 87112
* $ 531,041,000 2 $ 500,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 200,000
UNIVERSAL LENDING CORPORATION
6775 E EVANS AVE
DENVER, CO 80224
* $ -1,000 2 $ 190,000
COUNTRYPLACE MORTGAGE, LTD.
15301 SPECTRUM DR. STE 550
ADDISON, TX 75001
* $ -1,000 2 $ 420,000
U.S. EAGLE
5201 ANTEQUERA NW
ALBUQUERQUE, NM 87120
* $ 1,420,839,000 2 $ 190,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 2 $ 230,000
AMERICAN AIRLINES FEDERAL CREDIT UNION
4151 AMON CARTER BLVD
FT WORTH, TX 76155
* $ 9,203,588,000 2 $ 240,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ -1,000 1 $ 275,000
CREDIT UNION MORTGAGE ASSOCIATION, INC.
10800 MAIN STREET
FAIRFAX, VA 22030
* $ -1,000 1 $ 75,000
NFM, INC.
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ -1,000 1 $ 125,000
MID-CONTINENT FUNDING, INC.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ -1,000 1 $ 185,000
MISSION LOANS, LLC
5686 DRESSLER ROAD, NW
NORTH CANTON, OH 44720
* $ -1,000 1 $ 185,000
FIRST-CITIZENS BANK & TRUST COMPANY
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27609
* $ 58,215,736,000 1 $ 105,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ -1,000 1 $ 185,000
DRAPER AND KRAMER MORTGAGE CORP.
1431 OPUS PLACE SUITE 200
DOWNERS GROVE, IL 60515
* $ -1,000 1 $ 235,000
BELL BANK
3100 13TH AVE S
FARGO, ND 58103
* $ 9,729,918,000 1 $ 145,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 166,652,719,000 1 $ 305,000
WRIGHT-PATT CREDIT UNION, INC.
3560 PENTAGON BLVD.
BEAVERCREEK, OH 45431
* $ 7,134,316,000 1 $ 195,000
WALLICK & VOLK, INC.
222 E. 18TH ST.
CHEYENNE, WY 82001
* $ -1,000 1 $ 195,000
FARM CREDIT MID-AMERICA, ACA
1601 UPS DRIVE
LOUISVILLE, KY 40223
* $ -1,000 1 $ 75,000
ZILLOW HOME LOANS, LLC
10975 EL MONTE ST
OVERLAND PARK, KS 66211
* $ -1,000 1 $ 165,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 85,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 551,902,526,000 1 $ 55,000
MAGNOLIA BANK
794 OLD ELIZABETHTOWN RD
HODGENVILLE, KY 42748
* $ 456,669,000 1 $ 155,000
ENTERPRISE BANK & TRUST
150 N. MERAMEC AVE.
CLAYTON, MO 63105
* $ 13,498,982,000 1 $ 225,000
PARAMOUNT BANK
90 VILLAGE SQUARE SHOPPING CENTER
HAZELWOOD, MO 63072
* $ 153,010,000 1 $ 455,000
HOME LOAN INVESTMENT BANK, F.S.B.
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 339,245,000 1 $ 25,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 154,617,469,000 1 $ 145,000
CHICAGO MORTGAGE SOLUTIONS LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ -1,000 1 $ 85,000
LOW VA RATES, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 195,000
ALLIANT CREDIT UNION
11545 W TOUHY
CHICAGO, IL 60666
* $ 15,151,012,000 1 $ 375,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 1 $ 175,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ -1,000 1 $ 55,000
HOMETOWN EQUITY MORTGAGE, LLC
151 NORTH SERVICE ROAD
ST PETERS, MO 63376
* $ -1,000 1 $ 995,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 1 $ 95,000
STATE EMPLOYEES
813 ST. MICHAELS DR.
SANTA FE, NM 87505
* $ 936,346,000 1 $ 75,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 75,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ -1,000 1 $ 95,000
AXOS BANK
4350 LA JOLLA VILLAGE DR SUITE 140
LA JOLLA, CA 92122
* $ 14,047,081,000 1 $ 535,000
GOLDWATER BANK, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 348,453,000 1 $ 145,000
ARMED FORCES BANK, NATIONAL ASSOCIATION
1111 MAIN ST SUITE 1600
KANSAS CITY, MO 64105
* $ 1,230,840,000 1 $ 445,000
LONGBRIDGE FINANCIAL, LLC
ONE INTERNATIONAL BLVD.
MAHWAH, NJ 07495
* $ -1,000 1 $ 95,000
HOMESPIRE MORTGAGE CORPORATION
9711 WASHINGTONIAN BLVD SUITE 500
GAITHERSBURG, MD 20878
* $ -1,000 1 $ 185,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Torrance County NM in 2022

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 493 $89,255,000 $181,000 $995,000 $71,000 $427,000
Cash-out Refinancing 129 $20,675,000 $160,000 $505,000 $72,000 $420,000
Refinancing 69 $9,975,000 $144,000 $605,000 $87,000 $377,000
Other Purpose 39 $3,895,000 $99,000 $415,000 $80,000 $212,000
Home Improvement 38 $2,300,000 $60,000 $155,000 $77,000 $205,000
Not Applicable 4 $340,000 $85,000 $195,000 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 330 $53,100,000 $160,000 $575,000 $73,000 $427,000
Hispanic 238 $35,330,000 $148,000 $515,000 $72,000 $218,000
Not Provided 123 $22,565,000 $183,000 $995,000 $74,000 $347,000
Not applicable 45 $9,165,000 $203,000 $445,000 $65,000 $92,000
American Indian or Alaskan Native 19 $3,655,000 $192,000 $405,000 $93,000 $227,000
Black or African American 13 $1,855,000 $142,000 $265,000 $99,000 $377,000
Asian 2 $380,000 $190,000 $225,000 $62,000 $78,000
Native Hawaiian or Other Pacific Islander 2 $390,000 $195,000 $215,000 $58,000 $64,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 493 $71,905,000 $145,000 $995,000 $75,000 $427,000
FHA-insured (Federal Housing Administration) 162 $29,030,000 $179,000 $405,000 $65,000 $197,000
VA-guaranteed (Veterans Administration) 111 $25,045,000 $225,000 $515,000 $76,000 $420,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $460,000 $76,000 $255,000 $70,000 $90,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 310 $52,650,000 $169,000 $575,000 $77,000 $343,000
Application Denied By Financial Institution 197 $29,695,000 $150,000 $535,000 $71,000 $377,000
Application Withdrawn By Applicant 128 $20,840,000 $162,000 $475,000 $69,000 $427,000
File Closed For Incompleteness 67 $9,955,000 $148,000 $535,000 $73,000 $420,000
Loan Purchased By The Institution 44 $8,720,000 $198,000 $445,000 $93,000 $149,000
Application Approved But Not Accepted 25 $4,345,000 $173,000 $995,000 $73,000 $178,000
Preapproval Approved but not Accepted 1 $235,000 $235,000 $235,000 $57,000 $57,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 570 $95,980,000 $168,000 $995,000 $74,000 $427,000
Credit History 64 $9,960,000 $155,000 $515,000 $71,000 $218,000
Collateral 43 $6,075,000 $141,000 $475,000 $72,000 $347,000
Debt-To-Income Ratio 41 $6,345,000 $154,000 $535,000 $49,000 $132,000
Credit Application Incomplete 24 $3,720,000 $155,000 $275,000 $117,000 $368,000
Unverifiable Information 11 $1,655,000 $150,000 $285,000 $61,000 $115,000
Insufficient Cash (Downpayment, Closing Cost) 9 $1,545,000 $171,000 $225,000 $103,000 $377,000
Other 7 $835,000 $119,000 $255,000 $85,000 $180,000
Employment History 3 $325,000 $108,000 $135,000 $18,000 $44,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in New Mexico, and search similar information back through 2003.

Download the New Mexico Lender List