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2024 data HMDA 2024 disclosure official source

Bernalillo County

24,793 mortgage applications, 15.5% denial rate. Verify FIPS 35001 with U.S. Census Bureau →

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New Mexico · FIPS 35001

Local mortgage market. Bernalillo County, New Mexico saw 24,793 HMDA-reported mortgage applications in 2024. Lenders originated 13,390 of those loans and denied 3,850, producing a denial rate of 15.5% and an approval (origination) rate of 54.0%. The average loan amount was $231,938 at an average note rate of 7.01%, with applicants self-reporting average annual income of $38K. 321 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 6.1x, meaning typical borrowers took on mortgages of about 6.1 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool.

FIPS 35001 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

24,793
Applications
13,390
Originated
15.5%
Denial Rate
54.0%
Approval Rate
$231,938
Avg Loan Amount
7.01%
Avg Interest Rate
$38K
Avg Applicant Income
6.1x
Loan-to-Income Ratio

Nearby Lenders in Bernalillo County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Nusenda Federal Credit Union 1,243 9.3%
2 Waterstone Mortgage Corporation 1,127 8.4%
3 Guild Mortgage Company 987 7.4%
4 SUNWARD 818 6.1%
5 United Wholesale Mortgage 733 5.5%
Compare Nusenda Federal Credit Union vs Waterstone Mortgage Corporation →

Frequently Asked Questions

How many mortgage applications were filed in Bernalillo County?
In the 2024 HMDA reporting year, 24,793 mortgage applications were filed in Bernalillo County, New Mexico. Of these, 13,390 were originated (approved and funded), while 3,850 were denied, resulting in a denial rate of 15.5%.
What is the mortgage denial rate in Bernalillo County?
The mortgage denial rate in Bernalillo County is 15.5%. The approval (origination) rate is 54.0%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Bernalillo County?
The average mortgage loan amount in Bernalillo County is $231,938. The average interest rate is 7.015%. The average applicant income is $38K.
What is the loan-to-income ratio in Bernalillo County?
The average loan-to-income ratio in Bernalillo County is 6.1x, meaning borrowers took on loans averaging 6.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Bernalillo County?
The top mortgage lenders in Bernalillo County by origination volume are Nusenda Federal Credit Union, Waterstone Mortgage Corporation, Guild Mortgage Company. In total, 321 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.